S. Ravindra Bhat, J.

1. The present appeal arises from an order of the learned Single Judge dismissing objections (under Order XXI, Rule 58 CPC) preferred by the appellant, (hereafter “the objector”) concerning the sale of property bearing No. A-13, Block B-1, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi, 110044 (hereinafter “the property in question”).

2. The property in question was the subject matter of attachment in a dispute between the National Agricultural Cooperative Marketing Federation of India Ltd. (hereafter “NAFED, the decree-holder), Kripa Overseas (and its director Mr. Sandeep Khanna) and M/s Rital Impex Ltd (and its director Mr. Pradeep Khanna) – collectively referred to hereafter as “judgment debtors”.

3. The material facts are narrated hereafter. NAFED and the judgement debtors were involved in arbitral proceedings, the subject-matter of which does not concern the Court today. During the course of those proceedings, NAFED preferred a petition under Section 9 of the Arbitration and Conciliation Act, 1996, in OMP No. 291/2006. That petition resulted in an order of injunction, dated 06.07.2006, restraining the sale of several properties, i