IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
THE HONOURABLE SRI JUSTICE K.LAKSHMAN
Mohammed Yaseen – Appellant
Versus
M/s Kapil Chits ( kakatiya) Pvt Ltd – Respondent
HON’BLE SRI JUSTICE K. LAKSHMAN CIVIL REVISION PETITION No.1164 OF 2025
ORAL ORDER
Heard Mr. B. Jagadeesh, learned counsel for the petitioner and Sri K.P.Vijay Kumar, learned counsel appearing for 1st respondent.
2. This revision is filed under Section - 115 of Code of Civil Procedure,1908 (for short, ‘the CPC’) to set aside the warrant of attachment dated 13.12.2024 in E.P.No.486 of 2023 in ARB.No.238 of 2020 by the III Additional Junior Civil Judge at Karimnagar. 3. 2nd respondent is the subscriber of the chit. The petitioner, respondent Nos.3 to 6 are guarantors. 1st respondent has filed application under Section 64 of the Chit Funds Act,1982 ( for short, ‘the Act’) against the petitioner, respondent Nos.2 to 6 for recovery of an amount of Rs.5,70,270/- along with interest at 18% p.a. on the principle sum of Rs.4,64,044/- from the date of filing of dispute till the date of realization and costs, before the learned Deputy Registrar of Chits/District Registrar, Karimnagar, who in turn passed Award dated 16.05.2023 holding that the petitioner, respondents 2 to 6 are jointly and severely to pay to 1st respondent.
4. Pursuant to the said award, respondent No.1 herein had filed an execut
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