Debts Recovery Tribunals and Appellate Tribunals
Mothabhau Govind Thakare vs BANK OF BARODA on 13 December 2025
BEFORE THE NATIONAL LOK ADALAT AT
DEBTS RECOVERY TRIBUNAL NO.3 MUMBAI
Saturday, this the 13<sup>th</sup> December, 2025
SECURITISATION APPLICATION NO. 70 of 20 24.
Misc.
Mr. Mothabbau Govind Thakane ... Applicant
And
Authorised officer, Bank of Baroda ... Defendants Matter taken up in National Lok Adalat today. The Applicant has filed the Application bearing I.A. No. 3803 of 2025 for withdrawal of the present ~~Original~~ <sup>Misc</sup> Application. 8
After hearing by the National Lok Adalat Bench, the Bench is of the view that the Application for Withdrawal has been filed by the Applicant with free will and volition, without any force, pressure and coercion. Hence, the following Award is passed in terms of Withdrawal Application:
: AWARD :
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1. 1. The claim of the Applicant is fully satisfied in the sum of Rs. 31,50,000 /- against the claim of Rs. 80,00,000 /-.
2. 2. The Defendants paid the agreed amount of Rs. 31,50,000 /- (Rupees Thirty One lakh Fifty thousand Rupees only) to the Applicant and the Applicant passed receipt to the Defendants to that effect.
3. 3. In view of the said settlement by way of Award, the ~~Original~~ <sup>Misc</sup> Application No. 70 of 20 24 is closed on account of the settlement.
4. 4. The original documents, if any, be returned to the Applicant after placing the certified copy of the same on record.
5. 5. The Court Fee be refunded as per Section 21 of the Legal Services Authorities Act, 1987.
8 John Roy Rowan
RO & AC
APPLICANT
Awarded on this 13<sup>th</sup> December 2025.
Prabhat Paliwal, Member (Chief Manager (Law), Union Bank of India)
PANEL MEMBERS
Sanjana Ghogare, Member (Advocate)
V. N. Lothey Patil (Retd. P.O. DRT-III, Mumbai Judge) NATIONAL LOK ADALAT BENCH DRT-3, MUMBAI AT: VASHI