HON’BLE SRI JUSTICE K. LAKSHMAN CIVIL REVISION PETITION No.114 OF 2025

ORDER

Heard Sri Bathula Rajesh, learned counsel for the petitioners -

Judgment Debtors and Sri G.Vasantharayudu, learned counsel appearing for respondent – Decreeholder.

2. This revision is filed under Section - 115 of the Code of Civil Procedure, 1908, challenging the order dated 19.12.2024 passed in E.P. No.299 of 2024 in ARB. No.324 of 2023 by the learned II Additional Junior Civil Judge at Karimnagar.

3. Respondent 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 herein for recovery of Rs.4,70, 420/- 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 10.06.2024 holding that the petitioners herein are jointly and severally liable to pay an amount of Rs.4,70,420/- with interest at

18% p.a. to the respondent herein.

5. Respondent has filed E.P.No.299 of 2024 in ARB No.324 of

2023 for execution of the aforesaid Award. Learned II Additional Junior Civil