ARAVIND KUMAR, N. V. ANJARIA
Nandi Infrastructure Corridor Enterprises Ltd. – Appellant
Versus
B. Gurappa Naidu – Respondent
JUDGMENT :
ARAVIND KUMAR, J.
1. The Judgment Debtors, namely Nandi Infrastructure Corridor Enterprises (N.I.C.E.) and Nandi Economic Corridor Enterprises1[Both the Judgment Debtors are together hereinafter referred to as the ‘N.I.C.E’.], and the Decree Holders, namely Sri B. Gurappa Naidu and Smt. Sunitha2[Hereinafter referred to as the Decree Holders.], are before this Court in Civil Appeal No. 1388 of 2013 and Civil Appeal No. 1354 of 2013, respectively, assailing the judgment dated 12.09.2012 passed by the High Court of Karnataka3[Hereinafter referred to as the ‘High Court’.] in Writ Petition. No. 21068 of 20124[Hereinafter referred to as the ‘Impugned Judgment’.]. By the impugned judgment, the High Court modified the order dated 31.05.2012 passed by the V Additional City Civil Judge, Bengaluru5[Hereinafter referred to as the ‘Executing Court’.], in Execution Petition No. 2237 of 20096[Hereinafter referred to as the ‘Execution Petition’.], whereby the value of the property bearing Survey No. 122 (New Survey No. 272/2) of Kengeri Village, Kengeri Hobli, Bengaluru South Taluk, m
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