Nalam Ashok v. M/s. Margadarshi Chit Fund Pvt. Ltd.
Case brief
What is this about?
CRP No. 2034 of 2025, High Court for the State of Telangana at Hyderabad, Namavarapu Rajeshwar Rao J, 16.02.2026; judgment debtors Nalam Ashok and others v M/s Margadarshi Chit Fund Pvt Ltd; Article 227 petition against execution order dated 15.04.2025 in E.P. No. 32 of 2024 in Arb. No. 09 of 2015 (Senior Civil Judge, Adilabad); warrant of movable properties; awarded amount Rs.21,9(),043/- (as printed); Rule 55 execution-procedure contention; I.A. No. 2 of 2025 under S.151 CPC for stay; installment payment 50%-25%-25%; respondent raised no objection; default revives execution; disposed of, no costs.
What did the court decide?
Petitioners permitted to pay the decretal amount in installments (50% within 02 months, 25% within 03 months, remaining 25% within 04 months) commencing from the date of receipt of a copy of the order; respondent free to proceed with the Execution Petition upon default of any installment; no order as to costs; miscellaneous applications closed as sequel.