Writ petition by IWs. Ambica Family Restaurant challenging bank recovery action. During pendency, respondent regularized the loan account. Lok Adalat Bench disposed of the application as infructuous due to settlement before hearing.
Securitization Application No. 405/2023 disposed of as infructuous due to settlement/regularization of loan.
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 LOKADALAT DEBTS RECOYERY TRIBUNAL II HYDERABAD
AWARD
DATED: 16.03.2024
IN
SECURITIZATION APPLICATION NO: 405/2023
Present:-
Reference made by
Applicant through: Respondent Bank through:
Shri K. Ravikanth, Advocate. Shri M.V.S. Prasad, Advocate.
Between:-
IWs. Ambica Family Restaurant.
......... Applicant.
Versus
Union Bank of India.
..... . .. Respondent.
sA. 40512023
(Given under the hand and sealof the Lok AdalatBench on thisthe 166 day ofMarch,2024)
i G. Dinesh Kumar
N
Sri Rameshwar Kothe
,.,Ri*,,,
Member Presiding Officer
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IWs. Ambica Family Restaurant
Union Bank of India
Sri Rameshwar Kothe
Sri G. Dinesh Kumar
Ms. P. Rajeshwari
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
