In this Debts Recovery Tribunal Lok Adalat proceeding, the parties mutually settled the disputed loan account for Rs. 30 Lakhs. The bank issued a no-dues certificate, and the appeal was disposed of as withdrawn with refund of court fee.
Case 75122 disposed of as withdrawn; court fee refunded as per rules.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL : JABALPUR
AWARD
ln
Securitisation Application No. 7 5122
Present:-
Reference made by
Applicants through Shri R.S. Parmar, Advocate
Between:-
Ritesh Meghani& Ors. Applicants
Versus
The Karnataka Bank & Ors.
-----Respondents
(Rupees Thifi Lac only) in fult and final setflement and the Respondent Bank has issued No Dues certificate. The counsel for Applicants prays for withdrawal of the case. ln view of the statement made before this Lok Adalat, the SA 75t22 is disposed of as withdrawn. Court fee be refunded as per rules.
(Given under the hand and sealof the Lok Adalat Bench on this the 12th day of November, 2022).
,['* harma) (Sunil herdikar) Member Member
(Ram Niwas Patel)
Presiding Officer
Ritesh Meghani & Ors.
The Karnataka Bank & 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
