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2024 Supreme(Telangana) 1017

G. RADHA RANI
Mohammed Mahmood – Appellant
Versus
Margadarshi Chit Fund Pvt. Ltd. – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Vedula Srinivas, Senior Counsel representing Vedula Chitralekha
For the Respondents: P. Durga Prasad

JUDGMENT :

Dr. G. Radha Rani, J.

1. This Appeal Suit is filed by the appellants - respondents - D.Hrs. aggrieved by the order in E.A.No.197 of 2019 in E.P.No.163 of 2016 on the file of the II Additional District Judge, Rangareddy District at L.B.Nagar in Dispute No.346 of 2012 dated 17.11.2023.

2. The brief facts of the case are that the respondent No.1 - Chit Fund Company filed an arbitration case being Dispute No.346 of 2012 before the Deputy Registrar of Chits / Arbitrator, Rangareddy District (West) seeking to recover an amount of Rs.16,41,060/- against respondents 2 to 6 herein. After hearing the matter, an award was passed by the Deputy Registrar of Chits / Arbitrator on 24.08.2013. Pending the above Dispute No.346 of 2012 before the Deputy Registrar, the respondent No.1 filed an application being I.A.No.78 of 2013 seeking attachment of the EP schedule property and the same was allowed by attaching the immovable property of the respondent No.4 - J.Dr. No.3 herein. Subsequently, for execution of the award passed in Dispute No.346 of 2012, the respondent No.1 herein filed an Execution Petition being E.P.No.163 of 2016 seeking sale of EP schedule property, which was already attache

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