HON’BLE SRI JUSTICE K. LAKSHMAN CIVIL REVISION PETITION No.111 OF 2025

ORDER

Heard Sri Y.Yadu Krishna Sainath, learned counsel for the petitioners - Judgment Debtor Nos.3 and 4. Despite service of notice, there is no representation on behalf of respondent No.1 - Decreeholder. Respondent Nos.2 to 4 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 10.10.2024 passed in E.P. No.464 of 2022 in ARB. No.963 of 2021 by the learned II 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 petitioners and respondent Nos. 2 to 4 herein for recovery of Rs.6,71,087/- with interest at the rate of Rs.18% p.a. from the date of filing of dispute till the date of realization of said amount and costs.

4. The Deputy Registrar of Chits at Karimnagar, has passed an award dated 26.06.2023 holding that the petitioners and respondents 2 to 4 herein are jointly and severally liable to pay an amount of Rs.6,71,087/-