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january 2025

High Court of Andhra Pradesh · 2025-01-08

CRP/666/2021 of B VENKATESULU Vs Shriram Raghavendra Chits Pvt. Lts

Citation / case number
APHC010197842021
Court
High Court of Andhra Pradesh
Petitioner
CRP/666/2021 of B VENKATESULU
Respondent
Shriram Raghavendra Chits Pvt. Lts
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Judgment text excerpt

APHC010197842021 IN THE HIGH COURT OF ANDHRA PRADESH [3460] AT AMARAVATI (Special Original Jurisdiction) THURSDAY ,THE NINTH DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE NYAPATHY VIJAY CIVIL REVISION PETITION NO: 666/2021 Between: B Venkatesulu and Others ...PETITIONER(S) AND Shriram Raghavendra Chits Pvt Lts and ...RESPONDENT(S) Others Counsel for the Petitioner(S): 1. O UDAYA KUMAR Counsel for the Respondent(S): 1. J JANAKIRAMI REDDY The Court made the following: 2 HON’BLE SRI JUSTICE NYAPATHY VIJAY CIVIL REVISION PETITION No.666 of 2021 O R D E R: The present civil revision petition is filed questioning the order dated 31.03.2021 in E.P.No.85 of 2018 in D.R.A.No.133 of 2016 passed by the Principal Senior Civil Judge, Anantapuramu. 2. Petitioners//Respondent Nos.2 to 5 are judgment debtors. Respondent No.1 is a Chit Fund company and as the Petitioners defaulted in paying the chit amount, the Respondent No.1 had raised a dispute No.DRA/CFS/133/2016 before the Registrar of Chits/Arbitrator, Ananthapuramu. An award was passed on 17.05.2017 directing the Petitioners to pay a sum of Rs.5,45,800/- with interest at 18% p.a. on the principal amount of Rs