BEFORE THE TELANGANS STATE CONSUMER DISPUTES REDRESSAL COIMMISSION

EA No. 14 of 2014

In CC 53 of 2011

Between:

Kosaraju Lokesh Kumar

S/o Venkateswara Rao, aged about 36 years

R/o 2400, South White Hall DSr. Mundelein, II-60060 USA

Rep.. by GPA Mrs. K. Saraswathi, W/o Venkatewara Rao

R/o Flat No. 83, Sandilya Towers,

Potineni Vari street, Machavaram, Vijayawada,

Krishna District                                                           Petitioner/complainant

And

1. M/s. Hill County Properties Ltd

Formerly known as M/s. Maytas Properties Ltd

Rep. by its Managing Director Mr. Arun Kumar Saha

S/o Mr. Brindavan Chandra Saha, aged about 60 years

O/o Customer Support Department,

Hill Country, Bachaupally, Miyapur, Hyderabad – 500 072.

2. Mr. Arun Kumar Saha

S/o Mr. Brindavan Chandra Saha, age about 60 years,

Chairman/Director, M/s. Hill Country Properties Ltd

O/o Customer Support Department

Hill Country, Bachupally, MIyapur,

 Hyderabad – 500 072                                 …        Respondents/Ops 1 and 2.

3. State Bank of India

Stressed Assets Recovery Branch (SARB)

2^nd floor, APSRTC Commuter Amenity Centre

Bus Terminal Complex, Koti,

Hyderabad – 500095                                   ..          Respondent/proposed party

Counsel for the petitioner                                      :           M/s. V. Appa Rao

Counsel for the Respondent                                 :           M/s. Vamaraju Srikrishnudu for

                                                                                                proposed party

Coram :          HON’BLE SRI JUSTICE B. N. RAO NALLA, HON’BLE PRESIDENT

                                                                                    And

                                                            Sri Patil Vithal Rao, Member

                                    TUESDAY, THE TWENTY FIFITH  DAY OF OCTOBER

                                                            TWO THOUSAND SIXTEEN

                         Oral order: ( Per Hon’ble Sri Justice B. N. Rao Nalla, President )

                                                                     *******

1. This is an application   filed by the complainant  U/s.27  of the Consumer Protection Act seeking to initiate necessary proceedings against the respondents/opposite parties for non-compliance of the common orders dated 27.4.2012 passed in CC 53 of 2011 on the file of this Commission and orders dated 08.07.2013 passed in FA No. 376 of 2012 on the file of the Hon’ble National Commission and punish them  as per the provisions of Section 27 of the Consumer Protection Act.

2.  Counsel on both sides present. Heard.

3. Counsel for the proposed State Bank of India filed Memo,  along with the receipt said to have been issued by Mr. M.B.V. Rama Rao, authorized representative of the applicant/complainant,  Lokesh Kumar Kosaraju, wherein, it is  acknowledged  the receipt of R..6,29,603/- ( Rupees Six Lakhs  Twenty Nine Thousand Six Hundred and Three) only from M/s. Hill County Properties Limited by way of Cheque bearing No. 184438 dated October, 20, 2016 towards refund of the EMI(s) amount paid into the Housing Loan Account of Lokesh Kumar Kosaraju with interest towards full and final settlement of the case and they have  no claim against the State Bank of India and M/s. Hill Country Properties Limited in this regard, and requested to record the settlement of the case between the complainant and opposite parties and dispose of the case as settled out of court..

4. In view of the above facts and circumstances Memo recorded and  the E.A. is closed as settled out of court towards full and final settlement. Since EA is closed, EAIA 186 of 2016 is dismissed as infructuous.  No costs.

PRESIDENT            MEMBER

            DATED : 25.10.2016.