In securitization application No. 16/2023, the Special Lok Adalat Debts Recovery Tribunal II Hyderabad dismissed the application as infructuous because the tenants had already handed over the property to the auction purchaser under the SARFAESI Act, leaving no cause of action.
The securitization application No. 16/2023 is dismissed as infructuous.
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BEFORE THE SPECIAL LOK ADALAT DEBTS RECOVERY TRIBUNAL II- HYDERABAD
AWARD
DATED: 25.04.2026.
IN
SECURITIZATION APPLICATIONNO: 16/2O23
Present:
Reference made by:-
Applicants through: Mr. J. NarendraKumar, Advocate. Respondent No.1 through: Mr. A,V.S.S. Prasad.
Applicants through:
Between:-
Sri Potluri SurenderBenarjee& Ors.
Applicants.
And
Canara Bank & Ors.
Respondents.
sA.L6/2023
therefore no cause of action survives in the SA. Hence, learned counsel prays for dismissal of the SA as infructuous. Learned counsel for the applicant was present and reported no objection.
on this the 25th day of April, 2026, the SA.No.1612023 is dismissed as infructuous.
(Given under the hand and seal of the Special Lok Adalat Bench on this the 25th day of April, 2026)
1G# R. Rajendraprasad P. Tarah6ini fig,u^' RameshwaiKothe Member Member Presiding Officer
Sri Potluri Surender Benarjee & Ors.
Canara Bank & Ors.
Rameshwar Kothe
R. Rajendra Prasad
P. Tarangani
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
