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2017 DIGILAW 499 (AP)

Kalla Jagadeesh Babu, S/o. Kolla Apparao v. Shriram Investments Ltd. , (now know as Shriram Transport Finance Co. Ltd. ,) Gajuwaka Branch Visakhapatanm

2017-08-10

T.RAJANI, V.RAMASUBRAMANIAN

body2017
ORDER : VRS, J This revision petition arises out of a conditional order passed by the Executing Court for granting stay of execution. 2. Heard the learned counsel for the respondent. 3. The 1st respondent in this revision secured an Arbitration Award. When the Award was put into execution, the Award Debtor filed an application for stay of the order of arrest. It was allowed by the Executing Court by a cryptic order directing the deposit of half of the decree amount. Aggrieved by the said order, the Award Debtor is before this Court. 4. Obviously, what the petitioner wanted was the stay of an order of arrest. Therefore, the Executing Court ought to have conducted some enquiry and given some reasons for imposing the condition. But the Executing Court passed a one line order, which reads as follows: On deposit of the decree amount the warrant will be in abeyance. 5. The order, bereft of reasons, does not confirm to the requirements of law. Therefore, the civil revision petition is allowed and the impugned order is set aside. However, since the award is of the year 2004 and the E.P. is of the year 2007, the Executing Court is directed to dispose of the execution petition within a period of two months. 6. As a sequel, miscellaneous petitions pending, if any, shall stand closed. There shall be no order as to costs.