Special and National Lok Adalat disposed of Original Application No. 40/2024 filed by HDFC Bank against M/S Subhash Ramkisan Vyas. The application was withdrawn after the defendant paid a settlement amount of Rs. 60 lakhs via OTS, extinguishing the dispute.
Withdrawal of Original Application No. 40/2024 allowed; refund of court fees permitted.
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.
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BEFORE THESPECIAL AND NATIONAL LOK ADALAT ORGANIS EDON 25 'hJuly,2o26 BY THE DEBTS RECOVERYTRIBUNAL AURANGABAD ANl) DSTRCIT LEG AL SERVICES AUTHORIY
OA No. 40/2024(Sr.no.150)
OA WITHDRAWAL
Applicant(s):Hdfc Bank (hereinafter referred toas / borrower / guarantors)
VERSUS
Defendant(s) :M/S SubhashRamkisanVyas (hereinafter referred to as bank/ financial institution)
Details of disrtute /claim: The claim of the bank is to the tune of Rs. 4916474.37/- with cost and interest.
The defendanvshaspaid the dues in his / their loan account an amountof Rs.60,00,000/-(RupeesSixtyLakhonly)assettleinentamountunderOTS' Therefore, the applicantbank does not want to proceedfurther'Hence present original Applicationmay be withdrawnas per the consent Terms/Pursis/IA filed by the bankwhich is markedas 'A'.
. Since the matteris before the Special and National Lok-Adalat,the court Fees be refundedto the applicant bankas per rules'
In viewof the above Consent Terms/Pursis/IA
filedon record/ uPloaded
online.
Respondent(s)
Applicant(s)
Advocate r the APPlicant(s) /AuthorizedRePresentattve
Advocatefor the ResPondent(s) /AuthorisedRePresentative
Adv. a i Panchal Member Specialand National Lok Adalat
Shri. akara Adwant fl11 an Specialand National Lok Adalat
Date t25.07.2026
Place:Aura.ngabad'
ORDtrR
In viervofthe above consentterms/Pursis/lA which are filed ,the order is passed' The OA No' 4012024 onlin:/offlinein the presentmatiel' standsdisPosedof accordinglY' cls satisfied. Refundof Court Fees is allowedas per rules The award Originaldocumentsbe retumed as per rules'
f)ate z25.07.2026
Shri.Ma Adwant Chairman Specialand National Lok Adalat
PageNo. 2
RS
BEFORE THE HON'BLD DEBTS R.ECOVERY TRIBT,INAL, AURANGABAI) (APPLICATION UNDER SECTION 19 OF THE RECOVERY OF DEBTS AND BANKRUPTCYACT, T993)
Ortgtnal Appllcatlon No 40 o12O24
HDFC BANK
....Appllcant
Versus
M/S Subhash Ramkisan Vyas & another
..... Defendants
WITHDRAWL PI'RSIS
be disposed off as settled andrAccoutrt Closed. On instrucuons and authorization of the bank officer.
court fees as per the law and oblige.
Hence this withdrawal pursis.
Date :- 25/07 / 2o26 Place : - Auranga
R.S. Advocate
Applicant Bank HDFC Bank Ltd Authorized offlcer
2 issues framed by the court
Whether the Original Application filed under Section 19 of the RDB Act may be withdrawn upon settlement of dues.
Whether court fees need to be refunded to the applicant upon withdrawal.
1 provisions across 1 enactments
HDFC Bank
M/S Subhash Ramkisan Vyas
Shri Akara Adwant
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
