CRP/1387/2024 of Margadarsi Chit Fund Pvt. Ltd., Vs Mr. Maguluri Bhaskar Prasad,

APHC010639982023 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3508] (Special Original Jurisdiction) MONDAY ,THE TWENTY SEVENTH DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE R RAGHUNANDAN RAO THE HONOURABLE SRI JUSTICE MAHESWARA RAO KUNCHEAM CIVIL REVISION PETITION NO: 1387/2024 Between: Margadarsi Chit Fund Pvt. Ltd., ...PETITIONER AND Mr Maguluri Bhaskar Prasad and Others ...RESPONDENT(S) Counsel for the Petitioner: 1. P DURGA PRASAD Counsel for the Respondent(S): 1. KANYADHARA DHARMENDRA 2. The Court made the following Order: (per Hon’ble Sri Justice R. Raghunandan Rao) Notice was sent to the respondents by way of registered post as well as by way of publication in the local newspaper. Despite service of notice, none of the respondents have chosen to appear before this Court. 2. Respondent No.1 had participated in a chit, organized by the petitioner herein and was declared as the prize subscriber, for a sum of Rs.28,95,210/-. The said prize amount was paid by the petitioner to the 1st respondent, by way of cheque, dated 23.10.2020, drawn on Karur Vysya Bank, Labbipet Branch. As the subsequent 11 installments were not paid, the petitioner file