Dismissed
State Bank of India v. Sanugomula Venkateshwar Reddy
DRTOA/74/2025
Case brief
AI extract
What is this about?
A National Lok Adalat dismissed OA No. 74/2025 filed by State Bank of India against defendants in Hyderabad. The order noted that parties mutually settled the loan account under an Out of Court Settlement (OTS), defendants paid Rs. 70,37,30/-, and the applicant withdrew the recovery petition.
What did the court decide?
Withdrawal of the recovery application (OA No. 74/2025) granted; dismissal of the case; order for refund of court fee.