Disposed

Rbl Bank Limited v. Kailash

DRT10 May 2025OA/188/2024

Case brief

AI extract

What is this about?

Lok Adalat Bench disposed of Debt Recovery Tribunal Original Application 188/2024 by withdrawal due to mutual settlement where defendants deposited Rs. 12,00,000 in full and final settlement of the loan account pending between RBL Bank Ltd and Shri Kailash Gour.

What did the court decide?

Application disposed as withdrawn; court fee refunded as per rules following settlement and deposit of Rs. 12,00,000.

Rbl Bank Limited versus Kailash — Banking and Recovery | DRT (2025)

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BEFORE THE LOK ADALAT DEBTS RECOVERY^{TRTBUNAL: JABALPUR}

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AWARD

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in
Original Application^No'-^188/2024
Present:-
1.ShriRamNiwas^{Patel,Presiding Officer}
2.ShriAshok^{Banke, Member}
Referencemade^bY ApplicantBankthrough^{ShriNivesh Barjatya,Advocate}
Between:- RBL BankLtd ApPlicant Versus
Shri Kailash Gour^&Others ----------Defendants
1.Whereasthe^{applicantbank hasfiledtheinstantOAinthis} Tribunalforrecoveryof^{asumofRs.37, 62,557.ULtogetherwith} future and^{pendentetite interest, cost etc. againstthe defendants'}

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Whereas during^{the pendencyof the case before the DR'l} ' Jabalpur the applicant^{bank and the Defendants havemutually} consented to settle the^{loan account. The counsel for Applicant has} filed Application for^{withdrawal of the case along with affidavit of shri} Saurabh Sharma, Legal^{Manager, RBL bankLtd.}

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oA^188/2024

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3.^{Now in terms of reference madeby the Counselforthe Applicant} before^{this Lok Adalaton this 10th Day of May' 2025 the Parties have} mutually^{settled the loan account and Defendants have deposited the} entire^{amountof Rs' 12'OO'OOO/- (Rupees Twelve Lakh Only) in full} and^{final settlement' The Counselfor Applicant prays for withdrawal of} the case^{as there remains nothing to recoverfrom the Defendants' ln} view^{of the statement made before this Lok Adalat' the OA 18812024 is} disposed^{of as withdrawn' Court fee be refundedas per rules'}

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4.^{Copy of this orderbe provided to the concerned parties or their} representatives.

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(Given under^{the hand and seal of the Lok Adalat Benchon this the} lOth DaY^{of MaY, 2025)'}

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(Ashok Banke) Member

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(Ram Niwas Patel) Presid ing Officer

Rbl Bank Limited v. Kailash

Case brief

What is this about?

What did the court decide?

Rbl Bank Limited v. Kailash

Case brief

What is this about?

What did the court decide?

What the court decided

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