Special Lok Adalat Bench recorded a compromise between applicant and respondent wherein applicant agreed to pay Rs. 4,33,440/- for full and final settlement of dues. The App was dismissed as settled.
None. Application dismissed as settled out of court pending compliance with settlement agreement terms.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE SPECIAL LOK ADALAT DEBTS RECOVERY TRIBUNAL II - HYDERABAD
AWARD
DATED: 25.07.2026.
IN
SECURITIZATION APPLICATION NOl. 335 / 2022
Present:
Reference made by:-
Applicant through: Smt. Maanam Sailaja, Advocate. Respondent through: Mr. G. Prabhakar Sharma, Advocate.
Between:-
M/s. Brahmas Colours Creations
Applicants.
And
State Bank of India
Respondents.
sA.33s12022
full and final settlement of the outstanding dues. It is further agreed that, in the event of the Applicant failing to make the payment within the stipulated time, the compromise shall stand rescinded automatically. However, upon due compliance with the settlement terms and conditions, the Respondent shall treat the said amount as full and final satisfaction of the outstanding liability.
(Given under the hand and seal of the Special Lok Adalat Bench on this the 25th day of July, 2026)
7'rmtrys* e,PAT. Vijay Kumar Begari Padmavathi Member Member
Gummadi Presiding Officer
1 provisions across 1 enactments
M/s. Brahmas Colours Creations
State Bank of India
Gummadi Gopichand
Begari Padmavathi
T. Vijay Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
