The National Lok Adalat disposed of OA No. 192/2023 filed by State Bank of India against Kanti Anil Kumar. The case was settled, with defendants depositing the full amount, and the application was dismissed as settled.
Case dismissed as settled; court fee to be 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 NATIONAL LOK ADAI-AT
IN THE DEBTS RECOVERYTRIBUNAL.IAT HYDERABAD
DATED THIS THE 1 6TH DAY OF MARCH,2024
PRESENT:-
oA.No. 192/2c23
State Bank of India, SARB-II, Chikkadpally, Hyderabad, TS. Rep, by its Authorized Officer And Chief Manager.
Versus
Kanti Anil Kumar
Reference made by:-
Applicant Bank through its counsel Sri G. PrabhakarSarma Defendants .... None
-:AWARD:-
against the
consented to settle the loan account in the LokAdalat and in this regard, the Applicant Bank has filed Full satisfaction Memo dated 29.02.2024 duly signed by Branch Manager of the Applicant Bank.
have mutually settled the loan account and the Defendants have deposited the sum of Rs.1,26,30,419/- towards full and final setUement. The Counsel for Applicant prays for withdrawal of the case as there remains nothing to recover from the Defendants. In view of the said statement made before this LokAdalat, OA.No.192/2023 is dismissed as settled in the LokAdalat. Court fee be refunded as per Rules.
re prese ntatives.
(Given under the hand and seal of the LokAdalat Bench on this the 16th day of March, 2024)
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(N. MEHER PRASADI (J. RATYTA RATYTA Member Member
(GUMMADI GOPr CHAND) PO /Judicial Member
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State Bank of India
Gummadigopichand
N. Meher Prasad
J. Rama Devi
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
