THE HON’BLE SRI JUSTICE K. LAKSHMAN CIVIL REVISION PETITION No. 1685 of 2025

ORDER:

Heard Sri Bathula Rajesh, learned counsel for the petitioner, and Sri N. Amarnath, learned counsel appearing for Chit Fund Company/1^st respondent.

2. This Civil Revision Petition is filed under Section 115 of Civil Procedure Code challenging salary attachment order dated 09.10.2024 passed by the learned Special Judicial Magistrate of First Class (Excise)-cum- IV Additional Junior Civil Judge, Karimnagar, in E.P.No.263 of 2024 in ARB.No.678 of 2022.

3. Perusal of the record would reveal that 2^nd respondent is the subscriber. Petitioner and Respondent Nos.3 and 4 stood as guarantors to 2^nd respondent. 1^st respondent/Decree Holder, Chit Fund Company, had filed an application, vide ARB.No.678 of 2022, under Section 64 of the Chit Funds Act, 1982 (for short ‘the Act’), before the learned Chit Arbitrator/Deputy Registrar of Chits, at Karimnagar, against petitioner and respondent Nos.2 to 4 claiming an amount of Rs.58,210/- along with interest @18% per annum on the principal amount of Rs.47,182/- from the date of filing of dispute till the date of realization. Vide Award dated 05.08.2023, the learned Chit Ar