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Tamil Nadu
Call to conduct more lok adalats
Staff Reporter
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Grant sufficient powers to bank officers: judge
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MADURAI: The Lok Adalat of the Debts Recovery Tribunal here has 59 cases referred to it so far from various banks with suit amount totalling up to Rs. 18.42 crore. Till now, a total of 17 cases have been settled and the suit amount involved in settled cases was Rs. 4.49 crore.
A press release from the Tribunal said that the first Lok Adalat was conducted on Friday in association with District Legal Services Authority.
S. Nagamuthu, a Judge of the Madras High Court, inaugurated the Lok Adalat, in which D. Stanley David was the Presiding Officer.
Speaking on the occasion, Mr. Nagamuthu stressed the need for conducting more such Lok Adalats.
He also requested banks to consider sympathetically the “poor man’s” settlement requests. He also called for giving sufficient powers to bank officers attending Lok Adalats so that they could optimise the forum’s success.
P. Devadass, Principal District and Sessions Judge and Chairman, District Legal Services Authority, said that Lok Adalats were a “win-win” situation for lending banks and borrowers.
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