Disposed

M/S Nitin Krushi Seva Kendra v. Hdfc Bank

DRT25 Apr 2026SA/579/2025

Case brief

AI extract

What is this about?

Special and National Lok Adalat disposed of an industrial adjudication/withdrawal petition where the applicant borrower paid the settlement amount under an Other Transaction Settlement (OTS), leading the bank to cease proceedings and withdraw the application.

What did the court decide?

Withdrawal of the Securitization Application/Special Application allowed; order to return original documents and refund court fees permitted.

M/S Nitin Krushi Seva Kendra versus Hdfc Bank — Banking and Recovery | DRT (2026)

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BEFORE THE SPECIAL AND NATIONAL LOK ADALAT ORGANISED ON 25 APRIL,2026 BY THE DEBTS RECOVERY TRIBUNAL AURANGABAD AND DSTRCIT LEGAL SERVICES AUTHORIY

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SA No. 57912025 (Sr.no. ll2)

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SA WITHDRAWAL

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Arlplicant(s): M/S Nitin Krushi Seva Kendra (hereinafter referred to as / borrower / guarantors )

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VERSUS

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Defendant(s) : Hdfc Bank (hereinafter referred to as bank / financial institution)

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Details of dispute / claim: The claim of the bank is to the tune of Rs.17257236 /- with cost and interest.

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'l'he applicant borrower has paid the dues in his / their loan account an amount of Rs. 1,09,27,607 /- (Rupees One Crore Nine Lakh Twenfy Seven Thousand Six Hundred Seven only) as settlement amount under OTS. Therefore, the respondent bank does not want to proceed further. Hence^present Securitization Application may be withdrawn as per the Consent Terms/pursis filed^{which is} marked as 'A' and in view of the above Consent Terms filed on record / uploaded online.

Applicant(s)

Defendant(s)

.B4

Advocate for the Applicant(s) /Authorised Representative

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Advocate for the Defendant(s) /Authorised Representati ve

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zslq\ze

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Adv. Sanjay Nandure Member

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Special and National Lok Adalat

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Shri. Ma n d Adwant Chairman Special and National Lok Adalat

Date : 25.04.2026

Place : Aurangabad.

ORDER

In view of the above consent terms which are filed online/offline in the present matter, the order is passed. The SA No. 579i2025 stands disposed of accordingly.

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Date : 25.04.2026

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, / (4/ ( Makaler+dAdwant ) CHAIRMAN Special and National Lok Adalat

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(RS)

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BEFORE TH E^{SPECIAL AND NATIONALLOK ADALAT} oRGANISED ON^{2stn APRI L,2026BY THE} DEBTS RECO^{VERYTRIBUNAL.} AURANGABAD

l,h 6r

SA No. 579/2025

WITHDRA WAL PURSIS

Annlicant(s):^{M/s. Nitin Krushi Seva Kendra}

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VERSUS

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Defendant(s) I HDFC Bank Ltd' ( hereinafter referred to^as /^{borrower / guaranto r(s)} )

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Details of disoute /^{claim: The claim of the bank is to the tune of} P<s. ,72HAd,l-^{with cost and interest.} 8"--

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The defendant/s^{has paid the dues in his / their loan account an amount} of Rs. 1,09,27,607.02l-(Rs.^{One Crore Nine Lakhs Twenty Seven} Thousand Six^{HundredSevenand 2 paisa Only) as settlementamount} underoTS.Therefore,theapplicantbankdoesnotwanttoproceedfurther. Hence present Original^{Application may be withdrawn as per the present} withdrawal Pursis^{filed bY the bank}

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The request for^{retum of original documentsas per rules maybe} permitted. Since the matter^{is before the Specialand NationalLok.Adalat,the} Court Fees may^{please be refunded to the applicant bank as perrules'}

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Applicant(s)

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sd/-

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Advocate for the^APPIicant(s) /Authorised RePresentative

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Defendant(s) F Advocate for the^Defendant(s) /Authorised RePresentative

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Date z 25-4-2026

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Place : Aurangabad

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U,^N. Aapcata-

M/S Nitin Krushi Seva Kendra v. Hdfc Bank

Case brief

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M/S Nitin Krushi Seva Kendra v. Hdfc Bank

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