Yes Bank v. Gaddya Ashok Kumar
Case brief
What is this about?
This award by the Lok Adalat at Debts Recovery Tribunal - II, Hyderabad, disposes of Original Application No. 999/2025 filed by Yes Bank Ltd. for recovery of Rs. 24,95,558.75. During the pendency, the defendants settled the outstanding loan account for Rs. 17,86,856/-, which was certified by the bank. Consequently, the application was disposed of as withdrawn, and court fees were ordered to be refunded.
What did the court decide?
The Original Application No. 999/2025 is disposed of as withdrawn. Court fee is refunded as per rules.