Dismissed
Kalla Rajeshwari v. South Indian Bank
DRTSA/393/2026
Case brief
AI extract
What is this about?
A Lok Adalat award dismissing a securitization application. The debt recovery owed by the applicant was found to be settled out of court pursuant to an One Time Settlement (OTS) agreement, a fact undisputed by the applicant's counsel, leading to the dismissal of the reference.
What did the court decide?
The securitization application was dismissed as settled out of court pursuant to an OTS agreement.