National Lok Adalat in Debts Recovery Tribunal-I, Hyderabad, dismissed a bankruptcy appeal as settled via Out-of-Court Settlement (OTS) following mutual agreement to close the loan account.
Case OA No. 363/2024 dismissed as settled; 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 NATIONAL LOK ADALAT
IN THE DEBTS RECOVERYTRIBUNAL- IAT HYDERABAD
DATED THIS THE 14TH DAY oF JUNE. 2025
PRESENTi
oA.No.363./2C24
Bank of India, Basheerbagh branch, Hyderabad. Telangana State.
Versus
M/s. Sree Lakshmi Narasimha Steel Spot and others
Reference made by:-
Applicant Bank through its Sri MominMohdRafiq Defendants N one
-:AWARD:-
in the LokAdalat and in this regard, the Applicant Bank has filed OTS Memo dated 22.04.2025 by the Applicant Bank counsel.
(Given under the hand and seal of the LokAdalat Bench on this the 14th day of June, 2025)
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(N.V. SUBBA RAJU) (sHArK KHAJA PEER) (GUMMADI GOPr CHAND) Member Member PO /Judicia! Member
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Bank of India, Basheerbagh branch
M/s. Sree Lakshmi Narasimha Steel and others
Gummidi Gopichand
N.V. Subba Raju
Shaiikh J Raja Peer
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
