J U D G M E N T

The original petition is filed, interalia, to permit the petitioner to pay off the entire decree debt in E.P. No. 69/2019 in Award No. C 4-6473/2017 of the Court of the Munsiff, Karunagappally, in equated monthly installments.

2. The concise case of the petitioner in the original petition is that, he is the principle debtor in a chitty transaction with the 1st respondent. The respondents 2 to 4 are the guarantors of the petitioner. Since the petitioner defaulted in payment of the installments, the 1st respondent had initiated proceedings under Chit Funds Act . and Ext.P1 award was passed. The 1st respondent has laid the award to execution by filing EP No. 69/2019. Presently, the court below has passed Ext.P4 order attaching the salary of the 3rd respondent. The petitioner is prepared to pay off the entire decree debt in the execution petition in instalments. Hence, the original petition.

3. Heard; Sri. Harish Gopinath, the learned counsel appearing for the petitioner and Sri. Abdul Jawad K, the learned Counsel appearing for the respondents.

4. Sri. Harish Gopinath, the learned counsel for the petitioner submitted that the petitioner is prepared to pay off the decree de