Sai Earth Movers v. Smfg India Credit Company Limited

BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL II HYDERABAI)

AWARI)

DATED: 08.03.2025

IN

SECURITIZATION APPLICATION NO: 307 t2024

Present:-

1. Sri Rameshwar Kothe, Presiding Officer.

1. Sri T. Sridhar Reddy, Member.

1. Ms. P. Suseela, Member.

Reference made by

Applicants through: Sri B. Sreenivasa Reddy, Advocate.

Between:-

Sai Earth Movers & Ors.

.. Applicants.

And

SMFG India Credit Co. Ltd.

. Respondent.

• l. Whereas the applicants filed the instant SA in this Tribunal assailing the action taken by the Respondent for recovery of its dues.

1. whereas during the pendency of the case before this Tribunal, the leamed counsel appearing for the Applicant reported that Applicants are not pressing the SA. dWo

sA.3O7/2024

1. Now in view of reference made by the Counsel for the Applicant before this Lok Adalat on this the 86 March, 2025, the proceedings shall stand closed as not pressed. Leamed counsel for the Applicant prays that the SA may be closed as not pressed. In view of the statement made before this Lok Adalat, the SA No.307/2024 is closed as Not Pressed.

1. Copy of this order be provided to the concemed parties or their representatives.

(Given under the hand and seal of the Lok Adalat Bench on this the 8ft day of Much, 2025)

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Ms. -{ P. Suseela Sri Rameshwar Kothe
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Member Member Presiding Offrcer