The authorizing Lok Adalat dismissed a securitization application filed under Section 2(2) of the SSR Act, 2002, as the matter was settled out of court. The applicant had settled the loan dues with the respondent for Rs. 37,00,000/- via a loan closure letter dated 08.09.2026.
Securitization Application No. 253/2024 dismissed as settled out of court.
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DEBrs RE35i?li IH|.|,'^X l?l-1lD E RABAD
AWARD
DATED: 12.09.2026.
IN
SECURITIZATION APPLICATION NOt ZS3/ ZOZ4
Present:
- Sri Rameshwar Kothe, presidinq Officer.
Reference made by:-
Applicant through: Respondent through:
Mr. G. Jonathan, Advocate. 1.4r. M. Ind rasen, Advocate.
Between: -
Iv'lr. D. Ram Kishore
Applicant.
And
Shriram City Union Finance Limited
........ Respondent.
sA'253/2024
2
accounton08.09.2026,pursuanttowhichtheRespondent issueda loanclosure letterdated 08'092026' The learned Counselappearingfor the Respondent confirmed the settlement and closureof the loan accountand both partiesendorsedtheir consentfor disposal of the present s'A'
beprovidedto the concernedparties or their 4. Copyof this order representatives
(Given under the handand sea the LokAdalatBench on ihis thetztndayof Septemb 026)
A.V.S.S.Prasad A. NandiniReddy Member Member
fiy,s,xrt R*IfeshwarKotne PresidingOfficer
Mr. D. Ram Kishore
Shriram City Union Finance Limited
Rameshwar Kothe
A.V.S.S. Prasad
A. Nandini Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
