A Lok Adalat dismissed a securitization application as infructuous following a settlement where the applicant borrower normalized the loan account.
Securitization Application No. 315/2024 was dismissed as infructuous.
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: 74.06.2025
IN
SECURITIZATION APPLICATION NO: 315/2024
Present: -
Reference made by
Applicant through:
Respondent through:
Sri N. Meherprasad, Advocate. M/s. Vishnu Grover & Associates, Advocates.
Between: -
Vijaya Nirmala Muttam Setty & Others. And
Cholamandalam Investment and Finance Co, Ltd.
......... Applicants.
Respondent.
sA.315/2024
borrowernormalizedthe loan accountand accordingly' the SA may bedismissedas withdrawn
(Given under the handand seal of the Lok AdalatBench on this the 14th day of June,2025)
9D*,-r---" $r Gampa Rangaiah N. M. Shiny Mounika Member Member
'AW..ur-1 i.i;S.--',n" Presiding Officer
Vijaya Nirmala Muttam Setty & Others
Cholamandalam Investment and Finance Co, Ltd.
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
