The Debts Recovery Tribunal, functioning as a Lok Adalat, disposed of a securitization application filed by M/s. Sree Constructions & Anr. against City Union Bank as settled out of court following a fee paid by the applicant during pendency.
The SA No.105/2022 is dismissed as settled out of court.
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 LOK ADALAT DEBTS RECOVERY TRIBUNAL II. HYDERABAD
AWARD
DATED: t4.06.2025
IN
SECURITIZATION APPLICATION NO: tls/2022
Prese nt : -
Reference made by
Applicants through: M/s. Momin Mohammed Rafiq, Advocate.
Respondent through: Smt. Ch. Laxmi Chaya, Advocate.
Between:-
M/s. Sree Constructions & Anr.
......... Applicants.
And
City Union Bank.
........ Respondent.
sA. los/2022
memo sating that applicant cleared the dues under a settlement. Accordingly learned counsel prayed for closing the case as settled out of court. Copy of the Memo was served on the applicant.
(Given under the hand and seal of the Lok Adalat Bench on this the 14th day of June, 2025)
-8.-r-.,..-M1/5"' Gampa Rangaiah N. M. Shiny Mounika Rameshwar Kothe Member Member Presiding Officer
M/s. Sree Constructions & Anr.
City Union Bank
Rameshwar Kothe
Gampa Rangaiah
N. M. Shiny Mounika
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
