Disposed
Bejugam Veerabadhram v. Indian Overseas Bank
DRTSA/404/2025
Case brief
AI extract
What is this about?
National Lok Adalat at Hyderabad disposed of three separate arbitrations under Section Adjudication of Debt Recovery Tribunal. The Tribunal closed the proceedings as the bank accounts involved were closed under Other Than Standard (OTS).
What did the court decide?
All referenced arbitrations (S.A Nos 404/2025, 382/2025, 194/2025) were closed on grounds that the bank accounts were closed under OTS.