The Lok Adalat settled the National Company Law Tribunal application No. 110/2025 between the applicant and respondent bank regarding dues of Rs. 1.41 crore.
Application settled under OTP with liberty to file fresh SA if there is any need in future.
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.I AT HYDERABAD
DATED THIS THE I 3TH DAY OF SEPTEMBER, 2025
PRESENT:"
s.A.No.1 1C/2025
STi RAJARAJESWARI MED WORLD MEDICAL AND GENERAL STORES
... Applicant
Versus
Protium Finance Limited, Mumbai, Maharastra,
Rep. by its Dy. Manager, Hyderabad
... Respondent
Reference made by:-
Applicant Respondent Bank
Sri K. Buchi Babu Dwara Pallavi
Received Date; 28.10.2025
.:AWARD:-
and No rt[ist8ffsrm . \r
.07.2025 filed by the Respondent Bank n settled and closed on 09.06.2025 ingly, SA.No.Lt0/2025 is closed with
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a liberty to the Applicant to file fresh SA if thereis anyneed in future.In view of the said memo filed by the Respondent, the SA.No.11O/2025is settled under OTS.
(Given under the hand and seal of the Lok Adalat Bench on this the13th day of Sept, 2025)
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(Avss PRASADI Member
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(K. NANDINI REDDY ) Member
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(GUMMADIq)PI CHANDI PO /Judicial Member
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Rajajeswari Med World Medical and General Stores
Protium Finance Limited
Sri K. Nandini Reddy
Member
Sri A.V.S.S. Prasad
Member
Sri Gugga Meda Raghava Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
