The National Lok Adalat which was organized on Saturday saw a massive success with disposal of over 56,000 cases across the country, involving the disbursal of Rs. 265 crore as claims towards final settlement with several banks, financial institutions and others.
A release issued by the National Legal Services Authority stated that until 5 pm yesterday, more than 56,000 pending as well as pre-litigation matters were settled. The release also stated that the Lok Adalat "has greatly benefited the common man and it has been achieved not only because of the legal services authorities/committees but also because of the cooperation extended by the judges, lawyers and various authorities including banks and financial institutions".
LiveLaw had reported that the apex Court of the country had declared through a notice released on January 22nd this year that the Lok Adalat will cover cases pertaining to “Matters challenging prosecution under Negotiable Instruments Act, Banks mortgage disputes, Hypothecation, Pledge, Matters relating to recovery of debts/bank loans due under the banks and financial Institutions.”
It was organized throughout the country, except Assam and Uttar Pradesh, under the patronage of Chief Justice H.L. Dattu and the leadership of Justice T.S. Thakur. Further it was organized throughout the hierarchy of Courts, ranging from Taluk Courts, Districts Courts, High Courts and the Supreme Court.
LiveLaw had earlier reported that the Law Ministry is working on amendments to the Legal Services Authority Act. This amendment would enable chief banks to set up permanent Lok Adalats on their premises in order to resolve cheque bounce disputes. This was keeping in view that 30% of all pending cases in courts across the country are either cheque bounce cases or traffic challans.