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2025 Supreme(P&H) 855

PUNJAB AND HARYANA HIGH COURT AT CHANDIGARH
VIRINDER AGGARWAL
Krm Tyres – Appellant
Versus
Arihant Fabrics – Respondent


Advocates:
Advocate Appeared:
For the Appellant :Mr. Shikhar Sarin, Advocate

JUDGMENT :

Virinder Aggarwal, J. (Oral)

An Ex-parte Award was passed against the petitioners for a sum of Rs.12,91,733/- along with interest and respondent Award holder filed an Execution Petition before the Executing Court and during the pendency of Execution Petition, notice was issued to the petitioners. The petitioners appeared through Sh. Amit Luthra, Advocate on 27.05.2025 and the Execution Petition was adjourned for filing objections for 31.05.2025 and on that date the petitioners-JDs failed to appear and petition was adjourned to 08.07.2025 for awaiting the presence of JDs and on that date list of property of JDs was called for 15.07.2025 from Award holder. On 15.07.2025 first impugned order was passed by the learned Executing Court whereby the application moved by decree holder for issuance of arrest warrants of petitioner Sandeep Jain was allowed and conditional warrants of arrest of JD were issued for 24.07.2025. JD appeared and filed an application for recalling the arrest warrants by supplying three bank account numbers of JD company for attachment and realization of the Award amount. That application was declined by the learned Executing Court vide order dated 24.07.202

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