A Special and National Lok Adalat inserted a Debts Recovery Tribunal secratization application for settlement and withdrawal between a borrower and a financial institution.
The securities application stands disposed of based on the consent terms filed for the One Time Settlement.
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BEFORE THE SPECIA L AND NATIONAL LOKADALAT ORGANISED ON 25 APRIL.2026 BYTHE DEBTS RECOVERY TRIBUNAL. AURANGAPADAND DSTRCIT LEGAL SERVIqES AUTHORIY
SA No. l.ll12025(Sr.no.203)
SA WITHDRAWAL
Anrrlicant(s): Kainsar Rasul Shaha (hereinafter referred to as / borrower /guarantors )
VERSUS
Defcnd:rnt(s) : Pegasus AssetsReconstruction Private Limited (hereinafter relerred to as bank / financialinstitution)
Details of disputc / claim:The claim of the bank is to the tune of Rs.1800296.00/- with costand interest.
1"he applicant borrowerhas paid the dues in his / their loanaccountan amount of Rs. 5,50,,200/- (Rupees Five LakhsFifty ThousandTwoHundred only) as seftlement amountunder OTS. Therefore, the respondentbank does not want to proceed further.Hencepresent SecuritizationApplication maybe withdrawn as per theconsent Terms/pursisfiled which is marked as 'A' and in view of the above ConsentTerms filed on record / uploaded online'
Applicant(s) frl+qq 'Far
Defendant(s)
4av. e.c.oi+e.
Advocate for the Applicant(s) /Authorised Representati ve
Advocate for the Defendant(s) /Authorised Representative
-/)
Adv. Sanjay Nandure Menrber Special and National Lok Adalat
Shri. Makarand Adwant Chairman Special and National Lok Adalar
Date : 25.04.2026
Place : Aurangabad.
ORDER
In view of the above consent terms which are fired onrine/offline in the present matter, the order is passed. The SA No. I4ll2025 stands disposed of accordingly.
Date : 25.04.2026
( Makara dwant ) CHAIRMAN Special and National Lok Adalat
(RS)
Prlnted of 24 Apr I 2026 at 1l2939
Debts Recovery Tribunals(DRTs)
GOVERNMENT OF tNDtA I MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
Transaction Reference: 3761/2026
Diary No 376',1/2026 Applicant Name KAINSAR RASUL SHAHA Defendant Name PEGASUS ASSETS RECONSTRUCTION PRIVATELIMITED Date of caie Filling 24-04-2026
This is a conlputer-generated re.eipt and does not requirea physrcal signature
IN THE DEBTS RBCOVERY TRIBUNA AURANGABAD, AT AURANGABAD.
s.A.n4U2025
KAINSARRASUL SIIAHA
E"[^-n
....Applicant
VERSUS
PEGASUS ASSETS RECONSTRUCTION PRIVATE LIMITED
.....Defendant
Pursis
The Applicant most respectfully submits as under:
Hence, this pursis is filed.
Place: Aurangabad Date:24104/2026
Ravi B. Gite (Advocate)
L'tate-1s/o4/2026
Ref. No.-DNS/Kairrsar snana/731/ 2026 2/
Su b: oD Ce ate - tns r ha ha e 340 0 ooa47 & 6 200 1
WehavereceivedtheentireoneTimeSettlementamountofRs.5.5o,2o0/-(RupeesFiveLakhs Fifty ThousandTwo Hundred only)including delayed paymentinterestagainst credit facilities grantedtotheborrowerMr.KainsarRasulshaha.bytheassignorbank.DombivliNagri Sahakari BankLtd.
\i/e conairm thatthe boirower, co-borrowers,mo*gagors and guarantors do not owe us any .,,l-i,*r.r tn. credit facilities availed by the borrowerin favourof Pegasus Assets Reconstruction
Pvt. Ltd. acting in its capacity as the trustee of ,,pegasus Group Thirty-Five Trust _ .2,. Ir,, Dombivri Nagri sahakari Bank Ltd. vide Assignment Agieement dared 3L/L2/2020.
Further we hereby release our charge upon the immovable property situated at: -
" Land & Building bearing prot No. 17-B (part), Gram panchayat Mirkat No. 13/36_Dsituated at Shree Colony, Gat No. 1, Bidkin, Taluka _ paithan, District _ Aurangabad (State Maharashtra)."
Kindly acknowledge the receipt of the same.
Yours faithfully
.Authdrised Sig n atorfi
Pegasus assets neconitruction pW. Ltd.
(Acting in its capacity as Trustee for pegasus Group Thirty Five Trust 2)
1 provisions across 1 enactments
Kainsar Rasul Shaha
Pegasus Assets Reconstruction Private Limited
Makarand Adwant
As recorded by the court registry
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