Naragudam Srikanth Reddy v. Yes Bank
Case brief
What is this about?
This judgment is an award of the Lok Adalat of the Debts Recovery Tribunal - Hyderabad dated 12.09.2026. The Applicant filed a Securitization Application assailing recovery actions by the Respondent to settle dues. The parties subsequently settled the matter out of court, with mutual representation stating no objection to settlement. The Tribunal dismissed the Securitization Application as settled out of court and directed provision of a copy of the order to the concerned parties.
What did the court decide?
Application dismissed as settled out of court; copy of order to be provided to parties.