HIGH COURT OF ANDHRA PRADESH
NYAPATHY VIJAY, J
B VENKATESULU – Appellant
Versus
Shriram Raghavendra Chits Pvt. Lts – Respondent
O R D E R:
The present civil revision petition is filed questioning the order dated 31.03.2021 in E.P.No.85 of 2018 in D.R.A.No.133 of 2016 passed by the Principal Senior Civil Judge, Anantapuramu.
2. Petitioners//Respondent Nos.2 to 5 are judgment debtors. Respondent No.1 is a Chit Fund company and as the Petitioners defaulted in paying the chit amount, the Respondent No.1 had raised a dispute No.DRA/CFS/133/2016 before the Registrar of Chits/Arbitrator, Ananthapuramu. An award was passed on 17.05.2017 directing the Petitioners to pay a sum of Rs.5,45,800/- with interest at 18% p.a. on the principal amount of Rs.4,40,000/- i.e. from date of filing of ‘dispute’ till realization and with costs of Rs.13,060/-.
3. As the Petitioners/Respondent Nos.2 to 5 did not comply with the Award passed, E.P.No.85 of 2018 was filed before the Principal Senior Civil Judge, Ananthapuramu seeking for attachment of their monthly salary for realization of the decretal amount.
4. The Petitioners/Respondent Nos.2 to 5 filed their counter disputing their signatures on the agreements and that they never stood as guarantors to Respondent No.1 therein/Respondent No.2 herein. The trial Court rejected the objectio
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