The National Lok Adalat of Debts Recovery Tribunal-1, Hyderabad, dismissed OA No. 380/2022 of Union Bank of India as settled. The parties mutually settled the loan account, with defendants depositing the full compromise amount, leading to withdrawal of the recovery proceedings.
The OA No. 380/2022 was dismissed as settled; court fee to be refunded.
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 LOKADALAT
IN THE DEBTS RECOVERYTRIBUNAL- IAT HYDERABAD
DATED THIS THE 1 6TH DAY OF MARCH, 2024
PRESENTi
oA.No.380/2022
Union Bank of India, Wanaparthy branch, Telangana State. Rep. by its Authorized Officer.
Versus
MahamoodMohammad& others
Reference made by:-
Applicant Bank through its counsel Sri P. Balaji Defendants .... None
-:AWARD:-
{f-'-ffi'c'i 4Whereas-!uring ndency of the case before the DRT-1, oul,E driH f,r0r nk and the Defendants have mutually
consented to settle the loan account in the LokAdalat and in this regard, the Applicant Bank has filed Full satisfaction Memo dated 28.02,2024 duly signed by Branch Manager of the Applicant Bank.
(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. RAMA DEVrI (GUMMADT GOPr CHAND) Member Member PO /Judicial Member
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Union Bank of India
Mahamood Mohammad
Others
Gummadigopichand
N. Meher Prasad
Rama Devi
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
