This civil revision petition is directed against the order dated 22.10.2007 passed in E.P. No.20 of 2005 on the file of III Additional Chief Judge, City Civil Court, Hyderabad, whereby and where under the learned Additional Chief Judge overruled the objections of the judgment-debtors and ordered further step with regard to sale of E.P. schedule property.

2. Background facts in a nutshell leading to filing of this civil revision petition by the judgment-debtors in E.P. No.20 of 2005 are:- This is second journey to the High Court by the judgment- debtors. The, respondent/decree-holder entered into an agreement with the Indian Railways for laying Peddapalli - Karimnagar new railway line. Certain disputes arose in respect of executing the work. Therefore, the decree holder invoked the arbitration clause and filed A.A. No.31 of 2001 seeking appointment of Arbitrator to adjudicate the disputes. Sri K. Srinivasa Murthy, Advocate, came to be appointed as a sole Arbitrator to resolve the disputes. The sole Arbitrator passed an award dated 6.2.2004. The decree-holder filed an application before the Arbitrator under Section 33 of the Arbitration and Conciliation Act, 19