THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA AND THE HON’BLE JUSTICE B.R.MADHUSUDHAN RAO CIVIL REVISION PETITION No.787 of 2025 Mr. C.V. Mohan Reddy, learned Senior Counsel appearing for Mr. K. Dhananjaya Naidu, learned counsel for the petitioners.

Mr. A. Venkatesh, learned Senior Counsel representing Mr. Ch. Pushyam Kiran, learned counsel for the respondent.

ORDER: (Per Hon’ble. Justice Moushumi Bhattacharya)

1. The Civil Revision Petition has been filed against an order dated 09.12.2024 passed by the learned Commercial Court at Hyderabad. The impugned order was passed in CEA No.1 of 2024, which was filed by the petitioners under section 47 of The Code of Civil Procedure, 1908, for dismissal of the Execution Petition (CEP No.25 of 2019) filed by the respondent. The Commercial Court dismissed the petitioners’ application by way of the impugned order.

2. The petitioners are the Judgment-debtors and the respondents in an arbitration which culminated in an Award dated 27.02.2019. The respondent/claimant is the Award- holder having been awarded Rs.140,89,01,800/- for claim No.1 and Rs.39,50,00,000/- as bonus annuity along with interest @ 12% per annum for a specified period. The arbitration a