CHENNAI: As many as 3.16 lakh cases involving a whoping `342.44 crore were settled at the Lok Adalat camps held in Tamil Nadu on Saturday.
The TN State Legal Services Authority conducted the Adalats at 447 centres, including at Madras High Court and its Bench at Madurai.
Of the 3.16 lakh cases, pre-litigation cases accounted for 27,046, involving `94.85 crore. Regular cases pending before various courts accounted for 2.89 lakh.
The amount settled was `247.61 crore. The cases included cheque bounce, motor accident and matrimonial cases, other than divorce petitions.
In one case, a City-based private firm, which had borrowed a huge amount from Bank of India and defaulted with an outstanding to the tune of `11.65 crore including interest, was directed to pay `10.75 crore to the bank.
And the firm - Sabhari Foundation - issued a demand draft for `58.50 lakh to the bank at the Adalat itself. Another amount of `50 lakh is to be paid on or before December 31. Balance amount must be paid to the bank before March 31 next year. If not, this order would be revoked on April 1 and the bank would be at liberty to proceed against the firm, the order said.
This case was pending before the Debt Recovery Tribunal-2 for years and it was settled just at two sittings at the Adalat.