HON’BLE SRI JUSTICE K. LAKSHMAN CIVIL REVISION PETITION No.4206 OF 2024

ORDER

Heard Sri Y.Yadu Krishna Sainath, learned counsel for the petitioner - Judgment Debtor No.4. Despite service of notice, there is no representation on behalf of respondent No.1 - Decreeholder. Respondent Nos.2 to 5 – J.Dr.Nos.1 to 3 and 5 are not necessary parties and the said fact is mentioned in cause title itself.

2. This revision is filed under Section - 115 of the Code of Civil Procedure, 1908, challenging the order dated 09.07.2024 passed in E.P. No.183 of 2024 in ARB. No.365 of 2021 by the learned I Additional Junior Civil Judge at Karimnagar.

3. Respondent No.1 had filed an application under Section 64 of the Chit Fund Act, 1982 before the Chit Arbitrator/Deputy Registrar of Chits at Karimnagar against the petitioner herein and respondent Nos. 2 to 6 herein for recovery of Rs.6,39,125/- with interest at the rate of Rs.18% p.a. from the date of filing of dispute to till the date of realization of the said amount and costs.

4. The Deputy Registrar of Chits at Karimnagar, has passed an award dated 02.12.2023 holding that the petitioner and respondents 2 to 6 herein are jointly and severally liable to pay