Disposed

Jyoti Mahadev Bhosale v. Cholamandalam Investment and Finance Company Ltd.

DRT25 Apr 2026SA/20/2024

Case brief

AI extract

What is this about?

S.A. No. 20 of 2024, a securitization application for Rs. 15 lakhs, was disposed of at a Special and National Lok Adalat in Aurangabad. The application was withdrawn following a settlement and One Time Settlement agreement where the applicant paid Rs. 11 lakhs. Court fees were ordered to be refunded.

What did the court decide?

The application was withdrawn; court fees refunded to the applicant.

Jyoti Mahadev Bhosale versus Cholamandalam Investment and… — Banking and Recovery | DRT (2026)

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BEFORE THE SPECIAL AND NATIONAL LOK ADALAT ORGANISED ON 25 APRIL.2026 BY THE DEBTS RECOVERY TRIBUNAL. AURANGABADAND DSTRCIT LEGAL SERVICES AUTHORIY

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SA No. 20/2024 (Sr.no. 88)

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SA WITHDRAWAL

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Applicant(s): Jyoti Mahadev Bhosale (hereinafter referred to as / borrower / guarantors )

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VERSUS

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Defendant(s) : Cholanr:rndalam lnvestment And Finance Com pany Ltd (hereinafter referred to as bank / financial institution)

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Details of dispute / claim: The claim of the bank is to the tune of Rs.15,00,000 /- with cost and interest.

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The applicant borrower has paid the dues in his / their loan account an amount ol Rs. 11,00,000/- (Rupees Eleven Lakh only) as settlement amount under OTS. Therefore, the respondent bank does not want to proceed further. Hence present Securitization Application may be withdrawn as per the Consent Terms/pursis filed which is marked as 'A' and in view of the above Consent Terms filed on record / uploaded online.

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A pplicant( s)

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Defendant(s)

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YroLa- a --lro Advocate for the Applicant(s) /Authorised Representative

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Advocate lor the Defendant(s) iAuthori sed Representative

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'\a3

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Adv. Sanjay Nandure Mernber

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Special and National Lok Adalat

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Shri. Makarand Adwant Chairman Special and National l-ok Adalat

Date : 25.04.2026

Place : Aurangabad.

ORDER

In view of the above consent terms which are filed onrine/offline in the present matter, the order is passed. The sA No. 2012024 stands disposed of accordingly.

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I l4l/ ( MakarLnaddwant ) CHAIRMAN Special and National Lok Adalat

Date : 25.04.2026

(R S)

BE FORE THE SPECIAL AND^{NATIONAL LOKADALAT} ORGANISED ON^{25th APRIL2026 BY TTIE} DEBTS RECOVERY^TRTB UNAL.AU^RANGABAD A

Ar-

S.A No. 20 I 2024

WITHDRAW^{AL PURSIS}

Applicant(s): JYOTI^{MAHADEV BHOSALE}

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VERSUS

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Defendant^{(s): Chola} mandalam I^{nvestmentand FinanceCompanv Ltd} (hereinafter referred to^{as / borrower} / guarantor(s))

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claim of the bank^{is to the tune of Rs'} Details of^{dispute /claim:The} L O /- With cost and interest' c)s oo The defendant/s^has P^{aid the dues in his/their loanaccount an amountof} Rs. ero er6 as settlement^{amount under OTS' Therefore,tl.re} app licant bank^{does not want to Proceedfurther. Hence present Original} Application^{may be withdrawnas} Per^{the presentwithdrawal Pursis filed by the} bank

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The request^{for retumof originaldocumentsas-perrules may be permitted'} Since is before the^{Special and NationalLok-Adalat,the court Fees} ,ir. ,oui ". lease be refunded^{to the applicant bank as per rules'} may p

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Defendant(s)

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Applicant(s)

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sd/- sd/Advocate^{for the APPlicant(s)} /Authorised^{RePresentative}

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Advocate for^{the Defendant(s)} /Authorised^{RePresentative}

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Datez 25-4-2026

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Place: Aurangabad'

Jyoti Mahadev Bhosale v. Cholamandalam Investment and Finance Company Ltd.

Case brief

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Jyoti Mahadev Bhosale v. Cholamandalam Investment and Finance Company Ltd.

Case brief

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