Kotak Mahindra Bank Limited v. Sri Venkateshwara Enterprises Rep
Case brief
What is this about?
In an original application before the LOK ADALAT DEBTS RECOVERY TRIBUNAL - II HYDERABAD, the applicant bank sought recovery of an outstanding sum. During its pendency, the defendants settled the loan account. The applicant bank filed a Full Satisfaction memo and prayed for the withdrawal of the case. The Tribunal accepted the settlement and disposed of the original application as withdrawn with a refund of court fee.
What did the court decide?
Original Application No.418/2026 disposed as withdrawn; Court fee to be refunded as per rules.