The Debts Recovery Tribunal-Lok Adalat settled the Safe Adalat under an Out of Court Settlement (OTS) following the respondent bank's memo regarding the loan being under OTS, thus concluding the pending application.
The SA.No.358/2023 is settled under OTS.
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 LOKADALAT
IN THE DEBTS RECOVERYTRIBUNAL- I AT HYDERABAD
DATED THIS THE 1 3TH DAY OF SEPTEMBER, 2025
PRESENTi
s.A.No.358,/2c23
Sri Uyyala Raj Kumar
... Applicant
Versus
Indian Bank, Zonal office, Recovery dept, Karimnagar, TS. Rep. by its Authorised officer
... Respondent
Reference made by:-
Applicant Respondent Bank
Sri B. Sanjay kumar Sri R.V. Subba Rao
Received Date: 28.10.2025
.:AWARD:.
if there is any need in future. In view of the said memo filed by the Respondent, the SA.No.358/2023 is settled under OTS.
(Given under the hand and seal of the Lok Adalat Bench on this the 13th day of Sept, 2025)
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(Avss PRASADI Member
(K. NANDTNT REDDY I Member
(GUMMADI GOpr CHAND) PO /Judicial Member
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Sri Uyyala Raj Kumar
Indian Bank
Gopichand
A.V.S.S. Prasad
K. NANDINI REDDY
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
