The Special and National Lok Adalat accepted the withdrawal of an original application by the banker, Union Bank of India, after the respondent paid the dues under an Outsourced Total Settlement (OTS). Court fees were refunded.
Proceedings withdrawn; Court Fees refunded; Original documents returned.
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 SPECIAL AND NATIONAL LOKADALAT ORGANISED ON 25th JUIV .2026 BY THE DEBTS RECOV ERY TRIBUNAL. AURANGABADAND DSTRCIT LEGAL SERVICES AUTHORIY
OA No. 153/2026(Supp Sr.no.3 )
OA WITHDRAWAL
Applicant(s): Union bank Of India
(hereinafter referred to as / borrower / guarantors )
VERSUS
Defendant(s) : M/S Sai Petrolium (hereinafter referred to as bank / financial institution)
Deta ils of dispute / claim: The claim ofthe bank is to the tune of Rs. 50,28,425.80 /- with costand interest.
The defendant/s haspaid thedues in his / their loan account an amountof Rs. 50,28,425 /-(Rupees FiftyLakh Twenty Eight thousandfour hundred fwenty five only) assettlementamount under OTS. Therefore, the applicantbank does not want toproceedfurther.Hence present Original Application maybe withdrawn as per the ConsentTerms/Pursis/IA filed by the bank whichis marked as 'A'.
. Since the matter is beforethe Special and National Lok-Adalat,the Court Fees be refunded tothe applicant bankas per rules.
Page No. 2
RS
In view of the above Consent Terms/pursis/lA
filed on record / uploaded
online.
Applicant(s {2,,, ):, I
Advttcate for the Applicant(s) /Authorized Representative
Respondent(s)
Advocate for the Respondent(s) /Authorised Representative
alaji Panchal Member
Special and Nationat Lok Adalat
Shri. M Adwant Chairmarr Spccial and National LokAdalat
Ilate : 25.07.2026
Place : Aurangabad.
ORDER
In view of the above consent terms/pursis/lA which are filed online/offline in the present mauer, the order is passed. The A No. !5.i/2026 stands disposed of accordingly.
Refuncl of Court Fees is a.llorve<l as per rules. The award sta,ds satisfied. Original documents be returned as per rules.
Date ; 25.07.2026
Shri. Ma d Adwant C hairrrtar:
-specialand Natiorral I ok Adalat
RS
Paee l.,lo. 2
BEFORE THE SPECIALANDNATIONAL LOK ADALAT ORGANISED ON 25thDAYOFJULY.2026 BY THE DEBTS RECOVERY TRIBUNAL. AU
oN15312026
WITHDRAWAL PURSIS
CERTIFICATE HOLDER(S): UNION BANKOF INDIA
VERSUS
CERTIFICA TE DEBTOR(s):IWS. SAI PETROLEUM (hereinafter referred to as / borrower / guarantor(s))
Details of dispute / claim: The claim of the bank is to the tune of Rs.50,28,425.80/- with cost and interest.
That after the issuance of RC, the Certificate Debtorshave paidthe entire dues in his / their loan account by depositing anamount of Rs. 50,28,425.801- (Rupees Fifty Lakh Twenty EightThousandFour Hundred Twenty Five Only). Therefore, the Certificate Holder Bank doesnot want to proceed further. Hence present RC proceedings may be withdrawn asper the present withdrawal Pursis filed by the bank.
The request for return of original documents as per rulesmay be permitted. Since the matter is before the Special and National Lok-Adalat, the Court Fees mayplease be refunded to the CertificateHolder Bankas per rules.
3T]8.
Appli s) Defendant(s)
n
*
Advocate e C.H. B a Advocate for the Certificate
Autho Representative Debtor / Certificate Debtor
Datet 2510712026
Place: Aurangabad.
ISBJ]
Union Bank of India
M/S Sai Petroleum
Shri. M. Adwant
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
