This is a Lok Adalat order closing Security Application No. 197/12/2022. The proceedings in the application filed by M/s. Agarwal Enterprises against The Axis Bank Ltd. were closed as the loan account was settled out of court with no objection from the Respondent.
Security Application No. 197/12/2022 is closed as the matter is settled out of court.
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 TI HYDERABAT)
AWARI)
DATED: 28.09.2024
IN
SECURITIZATTON APPLICATION NO z 197 12022
Present:-
Reference made by:
Applicant through: Shri T. Sridhar Reddy, Advocate. Respondent through: Shri M. Srinivas Reddy, Advocate.
Between:-
M/s. Agarwal Enterprises & Anr.
Applicants.
Versus
The Axis Bank Ltd.
Respondent.
sA.L97 12022
account is settled out of court. Learned counsel appearing lor the Respondent reported no objection.
(Given under the hand and seal of the Lok Adalat Bench on this the 28th day of September, 2024.)
"'tr*.---P.A.V. Bala PrasadBala PrasadPrasad Member
P.A.V. Bala PrasadBala PrasadPrasad
8^Y ov V. Babita Rameshwar Kothe Member Presiding OfficerOfficer
Rameshwar Kothe Presiding OfficerOfficer
M/s. Agarwal Enterprises & Anr.
The Axis Bank Ltd.
Sri Rameshwar Kothe
Sri P.A.V. Bala Prasad
Ms. V. Babita
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
