The applicant's securitization application was dismissed as settled out of court because the respondent's counsel stated the loan account had been upgraded and sought withdrawal of the application.
Securitization application No. 285/2025 dismissed as settled out of court.
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BEFORE THE NATIONAL LOK ADALAT DEBTS RECOVERY TRIBUNAL II - HYDERABAD
AWARD
DATED: 20.06.2026
IN
SECURITIZATION APPLICATION NO: 285/2025
Present:-
Reference made by
Applicant through: Sri. T. Vijay Kumar, Advocate. Respondent through: Mr. K. V. Nageswara Rao, Advocate.
Between: -
Sri. Gottimukkula Naresh Reddy
Applicants
And
Bank of India
Respondent
sA.285/2025
(Given under the hand and seal of the Lok Adalat Bench on this
Sri A. V. S. S.prasad mt. K. Na ndin i Member Member
M"
Presiding Officer
Gottimukkula Naresh Reddy
Bank of India
Rameshwar Kothe
K. Nandini
A. V. S. S. Prasad
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
