Lok Adalat dismissed a securitization application as settled out of court after the parties agreed the borrowers had settled the case and closed the loan account.
The application 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:21.72.2025
IN
SECURITIZATION APPLTCATION NO | 2O4l 2025
Present: -
Reference made by Applicants throug h: Respondent through:
Mr. Chunchu Kishore, Advocate. Ms. P. S. Sujatha, Advocate.
Between :-
Sri Srikanth Dharmapuri & Anr.
......... Applicants.
And
Piramal Capital & Housing Finance Ltd.
........ Respondent.
sA. 2O4l2o2s
and closed the loan account. Thepossession ofSA subject property has been handed to the applicants. As such, theSA becomes infructuous and liable to bedismissed,Learned counsel appearing for the applicantendorsed his no-objection on the Memo.
(Given under the hand and seal of the Lok Adalat Bench on this the 21st day of December,2025)
<12**t/'-' fii"-4.Ramesh K. l(auathi Kumar[oo*f' Rameshwar Kothe Member Member Presiding Officer
Srikanth Dharmapuri & Anr.
Piramal Capital & Housing Finance Ltd.
Rameshwar Kothe
S. Ramesh
K. Kranthi Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
