Debts Recovery Tribunals and Appellate Tribunals
Smt. Kautavarapu Ramachandra Rao vs ASREC (India) Ltd. on 18 August 2026
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON Appeal Dy. No. 76 of 2025 (Arising out of O.A. No. 36 of 2003 in DRT, Visakhapatnam)
Order No. 22 18.08.2026
Smt. Kautavarapu Ramachandra Rao & Ors. ……Appellant -Vs- ASREC (India) Ltd. & Ors. … Respondents Ms. Sangeeta Roy, Learned Counsel for the Appellants Mr. Pratik Ghose, Learned Counsel for the Respondent No. 1 THE APPELLATE TRIBUNAL : Learned Counsel for the Respondent ASREC India Limited submits that the secured creditor has received the full and final payments from the Appellant Namely Smt. Kautavarapu Ramachandra Rao. Accordingly, matter is settled between the parties. Learned Counsel for the Appellants did not dispute this factual submissions of Respondent’s Counsel. In view of the submissions made by the Learned Counsel for the Respondents, Appeal stands disposed of as the matter is settled between the parties. Pending I.A.s if any, are disposed of accordingly. Interim order, if any, stands vacated. File be consigned to Record Room. Order dictated, signed, dated and pronounced in open Court today. (Anil Kumar Srivastava,J) Chairperson Dated 18th August, 2026 3/tp