Lok Adalat disposed of a Securitisation Application as withdrawn after the applicant deposited the entire compromise amount of Rs. 1.32 Crore with the respondent bank, settling the loan account.
The Securitisation Application was disposed of as withdrawn; court fee refunded.
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I
BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL : JABALPUR
AWARD
tn
Securitisation Application No. 192122
Present:-
L Shri Ram Niwas Patel, Presiding Officer
Reference made by
Applicants through Shri Anuj Agrawal, Advocate Respondent-Bank through Shri Abhishek Agrawal, Advocate
Between:-
M/s Pahlrajrai Rijhwani & Another
-----Applicant
Versus
Union Bank of lndia & 2 Ors.
--------Respondents
2
deposited the entire compromise amount Rs. 1.32 Crore in full and final settlement of the loan account. The Counsel for Applicants prays for withdrawal of the case as the present application becomes infructuous. ln view of the statement made before this Lok Adalat, the SA 137121 is disposed of as withdrawn. Court fee be refunded as per rules.
(Given under the hand and seal of the Lok Adalat Bench on this the 12th day of November, 2022).
.,NMharma) Member
(Sunil Kherdikar) Member
(Ram Niwas Patel) Presiding Officer
M/s Pahlrajrai Rijhwani & Another
Union Bank of lndia & 2 Ors.
Ram Niwas Patel
Sunil Kherdikar
Neelam Sharma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
