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1997 Supreme(Mad) 583

E.PADMANABHAN
Maharaja Electrobright Engg. , rep. by its Proprietor George Verghese – Appellant
Versus
Pondicherry Industrial Promotion Development and Investment Corporation Ltd. , rep. by its G. M. Development Thiru. V. Ramakrishnan – Respondent


Advocates Appeared:
For the Petitioner:G. Rajagopalan, Advocate.
For the Respondent:T.P. Manoharan, Advocate.

Judgment :-

1. The present Revision has been preferred by the Revision Petitioners against the fair and decreetal order dated 22.11.1996, made in B.P. No. 13/96 in O.P. No. 75/93, on the file of the Principal District Judge, Pondicherry.

2. In E.P. No. 13/96, the Principal District Judge, Pondicherry by order dated 22.11.1996 allowed the Execution Petition and ordered attachment of movables described in the schedule to the order and further directed the attachment warrant to be issued to the respondent returnable by 20.12.1996. The property which was ordered to be attached were only machineries and the order of attachment has been passed under Sec. 32 of the State Financial Corporation Act, 1951. In the said Execution Petition, which was filed on the basis of decree granted in O.P. No. 75/1993, the present Revision Petitioners who are the judgment debtors raised an objection contending that in the absence of any amount of loan to be recovered being specified in O.P. No. 75/1993, the Execution Petition is illegal and cannot be proceeded.


3. It was also contended that the decree passed in O.P. No. 75/1993 is defective and inexecutable. According to the revision petitioners, the amount







































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