Debt Recovery Tribunal Section of Lok Adalat disposed of a recovery application wherein defendants settled the loan account during pendency by paying Rs.75.65 Crores.
Original Application 569/2022 disposed as withdrawn with refund of Court fee.
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BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL - II HYDERABAD
AWARD
DATED: 14.06.2025.
IN
ORIGINAL APPLICATION NO:_ s6g/2022
Present:-
L Sri Rameshwar Kothe, presiding Officer
Reference made by
Applicant Bank through: Shri G.Kalyan chakravarthy. Advocate.
Defendants through: Shri G.Dinesh Kumar, Advocate.
Between:-
M/s. UCO Bank.,
...... Applicant
Versus
M/s. Panipat Jalandhar NH- 1 Tollway pvt. Ltd & Ors. . . .. Defendants.
l. whereas the applicant bank has filed the instant oA in this Tribunal for recovery of a sum of Rs.252,65,75,771.54ps^together with future interest, costs etc against the defendants pryV>"
O.A.No.569/2022
14th Davof June, ';;;:-;;" Rs.75.65Crores,t'tnt"it'" iounsel for Applicantprays for withdrawal of thecase as there .*"in, nothingto continue the case.In view of the the 0A'569/2022is disposedas withdrawn'
accounthaving U"* "nf"a' Courtfee be refunded as Per rules
(Given underthe hand and seal of the Lok - AdalatBench on this the 14th day ofJune,2025')
--V-*'^>-' GampaRangaiah ^r,rw.sr,r-k"-""ir."Member Member
[ffi*"\ RKmeshwarKothe PresidingOfficer
M/s. UCO Bank.
Sri Rameshwar Kothe
Sri Gampa Rangaiah
Ms.N.Shiny Mounika
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
