The Debts Recovery Tribunal declared a securitization application infructuous after the respondent bank withdrew the preceding possession notice. The Tribunal dismissed the application based on the parties mutual acceptance during the Lok Adalat.
The Securitization Application No. 3t7/2024 dismissed as infructuous.
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BEFORE THE LOK ADALAT DEBTS RECOVERY TRIBUNAL II - HYDERABAD
AWARD
DATED: 21.12.2025
IN
SECURITIZATION APPLICATION NO: 3t7 /2024
Present: -
Reference made by
Applicant through:
Respondent through:
Mr. Mukesh Sharma, Advocate. Mr. G. Prabhakar Sarma, Adv.
Between : -
Smt. Bathana Kusuma.
......... Applicant.
And
State Bank of India.
Respondent.
sA. 3L7 12A24
Notice dated 11.07.2024 which is the subject matter of SA.3t7/2024 and issued a fresh notice on 06.05.2025, which was challenged by the applicant in another SA.No.209/2025. Accordingly, by virtue of withdrawal of earlier possession notice dated 1.1.07 .2024 the SA.3l7l2O24 became infructuous. Learned counsel for the applicant endorsed his no-objection on the Memo filed by respondent bank to this effect.
(Given under the hand and seal of the Lok Adalat Bench on this the 21st day of December, 21st day of December, day of December, of December, December, 2025)
the 21st day of December, 21st day of December, day of December, of December, December, 2025)
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dRamesh K. Kr\SIi Kumar Rahfeshwar Kothe
Member Member Presiding Officer
Smt. Bathana Kusuma
State Bank of India
Rameshwar Kothe
S. Ramesh
K. Kranthi Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
