Icici Bank Limited v. Kasula Lavanya
Case brief
What is this about?
The Debts Recovery Tribunal, functioning as a Lok Adalat in Hyderabad, disposed of applicant ICICI Bank's original application for loan recovery. The parties mutually settled the account during pendency. The defendant deposited the full compromise amount, leading to the withdrawal of the application.
What did the court decide?
Original Application No. 210/2022 disposed as withdrawn; Court fee refunded as per rules.