The National Lok Adalat disposed of an Origin Application filed by the State Bank of India against defendants for debt recovery. The parties mutually settled the loan account for Rs. 7.00 lakhs, resulting in the dismissal of the application as settled.
The Origin Application is dismissed as settled in the Lok Adalat. Court fee to be 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 8TH DAY OF MARCH. 2025
PRESENT:-
OA.No.447/2024
State Bank of India, Kosgi branch, Narayanpetdist, Telangana State. Represented by its Chief Manager
Versus
Smt D. Manimala and another
Reference made by:-
Applicant Bank through its counser......... sri G. prabhakarsarma Defendants None
-:AWARD:-
1' Whereas the Applicant Bank has fired instant oA in the Debts Recovery Tribunal-1 at Hyderabad, for the recovery of a sum of Rs.43,77,483/- together with future and pendentelite interest, cost etc. against the Defendants.
towards full and final settlement in the LokAdalat and in this regard, the Applicant Bank has filed FS Memo dated 04.03.2025 by the Applicant Bank counsel.
(Given under the hand and seal of the LokAdalat Bench on this the Bth day of March, 2025)
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(N.V. SUBBA RAJU) (s. SRTKANTH Member Member
(GUMMADT cOPr CHAND) PO /Judicial Member
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State Bank of India
Smt D. Manimala and another
Gummadi Gopichand
N.V. Subba Raju
S. Srikanth
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
