An originating application filed for recovery was disposed by the Lok Adalat Bench after the applicant bank and defendants mutually settled the loan account via a memo of compromise filed on 06.06.2024. The entire outstanding amount was deposited, and the case was withdrawn.
The originating application was disposed of as withdrawn; court fee refunded.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 LOK ADALAT DEBTS RECOVERY TRIBUNAL - II HYDERABAD
AWARD
DATED: 08.06.2024
IN
oRTGTNAL APPLTCATTON NO. 96212022
PRESENT:-
(Incharge Lok Adalat Bench for DRT-II, Hyderabad - per Telangana State Legal Services Authority - Order ROC No.2273lTS dated 04.06.2024.)
dated 04.06.2024.) 6m*N /6 ?E-{rq-{ Reference made by: IP Applicant Bank through : Mr. G. Bhanu Murth Defendants through: Between:Induslnd Bank Ltd. ...... Applicant. Versus M/s. Shirdi Sai Travels & 2 Ors. ...... Defendants.
p.t.o.
O.A. No.962/2022
(Given under the hand and seal of the Lok Adalat Bench on this the 8th day of June, 2024.)
f
(A. TtARESH) . HUSSATN) Member
(GUMMADI GOPI Presiding
1 provisions across 1 enactments
Induslnd Bank Ltd.
M/s. Shirdi Sai Travels & 2 Ors.
GUMMADI GOPICHAND
S.M. HUSSAIN
A. NARESH
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
