Allowed

Ujjivan Small Finance Bank Limited v. Sagar Krushna Valle

DRT25 Apr 2026OA/482/2025

Case brief

AI extract

What is this about?

The Special and National Lok Adalat disposed of an Original Application filed by a bank against a borrower. Based on a withdrawal petition filed by the bank citing closure of the account via a private treaty/settlement, the Adalat allowed the withdrawal, refunded court fees, and ordered the return of documents.

What did the court decide?

The Original Application stands disposed of/withdrawn. Court fees are refunded. Original documents are returned.

Ujjivan Small Finance Bank Limited versus Sagar Krushna Valle — Banking and Recovery | DRT (2026)

¶1

¶2

I}EFORE THE SPECIAL AND NATIONAL LOK AI)ALAT OITGANISED ON 25 APRIL.2026 BY THE DEI}TS RECOVEI{Y TITIBT]NAL. AURANGABAT) AND DISTRICT LEGAL SEIIVICES AUTHOIT,ITY

¶3

OA No. 18212025^(Sr.no.46 )

¶4

OA Withdrarval

¶5

Annlicant^(s): Ujjivan Small Finance Bank Limited (hereinafter referred to as bank / financial institution)

¶6

VEITSUS

¶7

Dcfendant(s) : Sagar Krushna Valle

¶8

(hereinafter referred to as / borrower / guarantor(s))

¶9

Dctails of dispute / claim:^'l-he claim of the bank is to the tune of Rs. 2889827.771- with cost and interest.

¶10

-l'he def'endant/s has paid the dues in his / their loan account an amount ol Rs. 28,89,827l- (Rupees Twenty Eight Lakh Eighty Nine Thousand Eight Hundreds Twenty Seven only) as settlement amount under OTS. Therefore, the applicant bank does not want to proceed fumher. Hence^present Original Application may be withdrawn as per the Consent Terms/Pursis filed by the applicant bank which is marked as 'A'.

¶11

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

¶12

in view of the above Consent Terms filed on record /uploaded online. The defendant is PresenVabsent today.

Applicant(s)

Defenda n t(s)

Adv e for the Applicant(s) I /Authorised Representative I ;)'"/ 2- r)ql'rr

¶17

Adv. Sanjay Nandure Member Special and National Lok Adalat

¶18

Advocate for the Defendant(s) /Authorised Represen tir,c

¶19

A Shri. Ma Adrva n t Chairman Special and National Lok Adalat

Date t 25.04.2026

Place : Aurangabad.

ORDER/AWARD

ln view of the above consent terms which are filed online/offline in the present matter, the order is passed. The OA No 482/2025 stands disposed of accordingly.

¶24

Refund of Court Fees is allowed as per rules. Original documents be returned as per DRT Procedure Rules.

¶25

Date : 25.04.2026

¶26

(Shri. Makarand Adrvant) CHAIRMAN Special and National Lok Adalat

¶27

¶28

Urt^{i+L, dat ut Jfl.l a-s t3}

LrK-'44aJa*-

+--4

Printed on: 24 Aprrl 2026 at 12:19:58

¶33

Debts Recovery Tribunals^(DRTs)

¶34

GOVERNMENT OF INDIA I MINISTRY OF FINANCE

¶35

DEPARTMENT OF FINANCIAL SERVICES

¶36

Transaction Reference: 37 59 /2026

¶37

Diary No 37 59 /2026

¶38

Applicant Name Ujjivan Small Finance Bank Limited

¶39

Defendant Name SAGAR KRUSHNA VALLE

¶40

Date df Case Filling

¶41

24-04-2026

¶42

This is .r .omputer-gene.ated re{eipt ano does not require^{n plrysical} signati/re

¶43

A
€*L

¶44

BEFORE THE HON'BLE DEBTS RECOVERY TRIBUNAL, AURANGABAD (APPLICATION UNDER SECTION 19 OF THE RECOVERY OF DEBTS AND BANKRUPTCYACT, 1993)

¶45

Original Application No: 482 of 2025 Ujjivan Small Finance Bank Ltd ....Applicant Versus

¶46

Sagar Krushna Valle & another ..... Defendants

¶47

WITHDRAWL PI'RSIS

¶48

That the Applicant respectfully submits as under that:-

¶49

1. That, the Applicant bank submits preferred tlte^present Original Application bearing No.484 /2025 frle on 19.07.2O25 the same^{is pending for completion} of pleadings.

¶50

2l That, the Applicant submits that, the matter/disPu^{tes Sold inPrivate} treaty-Account Closed and therefore, Applicant Bank wants to^{withdraw the} Original Application by way of lilling this^{pursis for withdraw of Original} Application bearing No.a8212o25,4^{5 u'ri Clo'} 'n^{qmocLNr of U} '23r89,W

¶51

1. That, now there are no disputes and dillerences between^{ApplicantBank and} Defendant i.e original borrower arising out^{of presentdispute regardingthe} recovery of loan amount has received to the applicant^{bank sold in private} treaty lor recovery ald account closed.^{Therefore, the presentApplicant wants} to withdraw the Original Application.^{As do not wantto prosecutethe samein} furtherance matter be disposed offas sold in Private^{treaty-AccountClosed.} On instructions and authorization of the^bankoIficer.

¶52

4l Therefore, the present pursis for withdrawal of^{Original Application and allow} the Applicant to withdraw the^present Application^{and refund court fees as} per the law and oblige.

¶53

Hence this withdrawal^pursis.

¶54

Date :- 20 /O2 12026 Applicant Bank Place : - Auralgabad. a a R.S.Gangakhe Ujjivan e td Advocate Aut o ed officer i6 t_

Ujjivan Small Finance Bank Limited v. Sagar Krushna Valle

Case brief

What is this about?

What did the court decide?

Ujjivan Small Finance Bank Limited v. Sagar Krushna Valle

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

Similar cases

Kotak Mahindra Bank Limited versus Gurjit Kaur

Kotak Mahindra Bank Limited versus Baldev Singh

Punjab National Bank versus Sh. Baltej Singh

Bank of India versus Pradeep Sharma

Hdfc Bank Ltd. versus Harjeet Singh Gill

Icici Bank Limited versus Ganesh Petroleum , through Its Proprietor, Yogesh Ganesh Butale