In a recovery matter brought by IDFC First Bank Ltd., the Defendant settled the loan account during the Tribunal's pendency. The Tribunal accepted this settlement and withdrew the application.
Withdrawal of the application with refund of court fee.
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 RBCOVERYTRIBUNAL- II HYDBRABAD
AWARD DATED: 14.06.2025.
IN
ORIGINAL APPLICATION NO:- 62112024
Present:-
Reference made by
Applicant Bank through: Shri Srihari Bathina, Advocate.
Defendant through:
Between:-
M/s. IDFC First Bank Ltd., Applicant
Versus
Mr. Vadapalli Satyanaray ana Raj u
.... Defendant.
O.A. No.62t/2024
defendant have settled the loan account. The applicant bank filed a Full
Satisfaction memo to this effect.
(Given under the hand and seal of the Lok - Adalat Bench on this the 14th day ofJune, 2025.)
--9>*"2W Gampa Rangaiah N.N\Shiny Mounika eshVar Kothe Member Member
1 issue framed by the court
Whether the Lok Adalat should withdraw the application upon settlement and refund of court fee.
M/s. IDFC First Bank Ltd.
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
