HON’BLE SRI JUSTICE K. LAKSHMAN CIVIL REVISION PETITION No.867 OF 2025

ORAL ORDER

Heard Mr. Gudi Madhusudhan Reddy, learned counsel for the petitioner. Despite service of notice, there is no representation on behalf of respondent No.1. As per cause-title, it is mentioned that respondent Nos.2 to 4 are not necessary parties to the present CRP.

2. This revision is filed under Section - 227 of the Constitution of India challenging the order dated 22.11.2024 passed in E.P. No.303 of 2024 in Arbitration Case ARB No.621 of 2021 by the III Additional Junior Civil Judge at Karimnagar.

3. On the application filed by respondent No.1 vide Arbitration Case ARB No.621 of 2021, the Chit Arbitrator/Deputy Registrar of Chits, Warangal, had passed an award dated 29.04.2024 directing the petitioner herein and respondent Nos.2 to 4 to pay an amount of Rs.2,18,959/- along with interest @ 18% per annum on the principal amount of Rs.1,81,644/- from the date of filing the dispute till the date of realization jointly and severally. They shall also pay Rs.4,830/-

towards costs of the arbitration proceedings.

4. Pursuant to the said award, respondent No.1 herein had filed an execution petition vide E.P. No.303 o