Disposed

State Bank of India v. Kailash Kishorsing Bayas

DRT25 Jul 2026OA/145/2024

Case brief

AI extract

What is this about?

The Special and National Lok Adalat disposed of an original application filed by State Bank of India against a respondent after the debt was settled via an One Time Settlement (OTS). The Applicant withdrew the claim, and court fees were refunded.

What did the court decide?

Withdrawal of OA No. 145/2024 allowed; court fees refunded to Applicant; original documents ordered to be returned.

State Bank of India versus Kailash Kishorsing Bayas — Banking and Recovery | DRT (2026)

¶1

BEFORE THE SPECIAL AND NATIONAL LOK ADALAT ORGANISED ON 25th JUIV .2026 BY THE DEBTS RECOV ERY TRIBUNAL. AURANGABAD AND DSTRCIT LEGAL SERVICES AUTHORIY

¶2

oA No. 145/2024^(Sr.no. I03 )

¶3

OA WITHDRAWAL

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Applicant(s): State Bank Of India (hereinafter referred to as / borrower / guarantors )

¶5

VERSUS

¶6

Defendant(s) : Kailash Kishorsin^g Bayas (hereinafter referred to as bank / financial institution)

¶7

Details of dispute / claim: The claim of^{the bank is to the tune of} Rs. 2115926 /- with cost and interest.

¶8

The defendant/s has paid the dues in his /^{their loan account an amountof} Rs. 21,15,926 /- (Rupees Twenty One^{lakh Fifteen thousand Nine hundred and} Twenty Six rupees only) as settlement^{amount underOTS. Therefore,the} applicant bank does not want to^{proceedfurther. Hence present Original} Apptication may be withdrawn as^{per the} Consent^{Terms/Pursis/IA filed by the} bank which is marked as 'A'.

¶9

. Since the matter is before the Special^{and National Lok-Adalat,the Court} Fees be refunded to the applicant^{bankas per rules.}

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In view of the above Consent Terms/pursisflA filed on record / uploaded

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online.

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Applicant(s)
Respondent( s)
I
Advo for s) Advocate for the Respondent(s)
/Authorized Rep s1 tlve /Authorised Representative
Rfr3 R.TETHLIYA
M",* . Afdi.o$.
Adv. B i Panchal
Shri. MaMa nd AdwantAdwant
Member
Chairman
Special and National Lok Adalat
Special and National Lok National Lok Adalat

¶13

Shri. MaMa nd AdwantAdwant Chairman Special and National Lok National Lok Adalat

Date : 25.07.2026

Place: Aurangabad.

ORDER

In view of the above consent ternrs/pursis/l A which are filed online/offline in the present matter. the order is passed. The OA No. 145/2024 stands disposed of accordingly.

¶18

Refund of court Fees is allowed a-s per nrles. Th.- a.,,rard stands satisfied. Original documents be returned as per rules

¶19

Date : 25.07.2026

¶20

Shri. M ka nd Adryant al rnta,t

¶21

Special and National Lok Adalat

Page No. 2

\oj

BEFORE THE SPECIAL AND NATIONAL LOK ADALAT ORGANISED ON 25th JULY.2026 BY THE DEBTS RECOVERY TRIBUNAL. AURANGABAD

O.A. No. 145 / 2024

State Bank of India

... Applicant

VERSUS

Kailas Kishorsing Bayas

¶31

WITHDRAWAL PURSIS

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Details of dispute / claim: The claim of the^{bank in the O.A. is for the} amount of Rs. 21,15,926 l- along with cost^{and interest.}

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That, during the pendency of OA the defendants^{have settled the} loan Accounts, and the loan accounts are closed.^{Therefore, the Applicant} bank does nbt want to^proceed further. Hence,^{Applicantbank may kindly} be permitted to withdraw the^present Original^{Application,as per the} present withdrawal Pursis filed on the instructions by^{the bank.}

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The request for retum of original documents^{as per rules maybe} permitted. Since, the matter is before the Special and^{National Lok-Adalat,} the Court Fees may^please be^refunded to^{the applicant bank as per} rules.

APPLICANT

Date z 2510712026

Place: Aurangabad

Submitted through:

f@;

State Bank o India, S Chhatrapati Sambhaj inagar Through its City Case Officer: Nanasaheb Bhimaji Kolpe

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Dhiraj R. Jethliya

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Advocate for the Applicant

State Bank of India v. Kailash Kishorsing Bayas

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State Bank of India v. Kailash Kishorsing Bayas

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