Third National Lok Adalat disposed 56000 cases, disbursed 265 crore rupees for final settlement
The third National Lok Adalat disposed 56000 cases in a single day and disbursed 265 crore rupees as claims towards final settlement in bank recovery and cheques bounce cases.
The third National Lok Adalat on 14 February 2015 disposed of 56000 cases in a single day. It also disbursed of 265 crore rupees as claims towards final settlement in bank recovery and cheques bounce cases.
The third National Lok Adalat sought the cases that were pending in the Supreme Court, high courts, districts courts and taluka-level courts except in Assam and Uttar Pradesh. Several banks, financial institutions and others participated in it.
It was organised under the patronage of Chief Justice of India (CJI) HL Dattu and the leadership of Supreme Court Judge Justice TS Thakur.
Third Lok Adalat was organised by the National Legal Service Authority (NALSA) to disburse cases related bank recovery, cheques bounce cases, particularly under Section 138 of the Negotiable Instruments Act, 1881.
About Lok Adalats
• Lok Adalats (people’s courts) are meant to settle dispute through conciliation and compromise. Lok Adalat accepts the cases pending in the regular courts that can be settled by conciliation and compromise.
• The decision of the Lok Adalat is binding on the parties to the dispute and its order is capable of execution through legal process. No appeal lies against the order of the Lok Adalat.
• The first National Lok Adalat was held in November 2013 and had settled a record 71.50 lakh cases pending in various courts.
• The second National Lok Adalat was held in December 2014 and had disposed of over 1.25 crore pending cases.