The DRT allowed the applicant bank's original application for recovery of a loan sum. The defendant remained absent. Evidence marked by the applicant clinched the claim. The defendant is liable to pay the principal, future interest, and costs.
Defendant to pay Rs. 30,55,279.03 plus future interest at 11.75 p.a. and costs; issue Recovery Certificate.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TR]BUNAL-]I AT HYDERABAD DATED THIS THE 23RO DAY OF JUNE, 2025
PRESENT: SH. RAN4ESHWA ,-.;TJRI%t;rt.t? 'L LB' (Hons )' M A
Original Application No: 615 OF 2023
HDFC Ban k Ltd., One-of its Branch office at 1-10_60/3, J- oor, Suryodaya ComDlex. Begumpet, Hyderabad - SOO fitO, Rep, by its Legal Manager.
...Applicant
Versus
Mr. Gajjala Madanamohan Reddy, S/o. G. Prabhakar Reddy, Occ: Business, Age 35years, R/o. Plot No.62, Bramarambika Nagar, Beeramguda, Ameenpur, Ranga Reddy, Hyderabad, Tela nga na -S02032.
Also at:-
R/'o.1128, Basireddy Patte, Cuddapah, Andhra Pradesh - 516339.
Also at:C83J Plus J45, Kokapet. Hyderabad, Telangana - 500075.
....,.Defendant
Cou nsel for the Applicant :M/s.Srihari Bath ina
Defendants
:Ex-parte
:: ORDER ::
- The Applicant Bank filed the present OA for the recovery of a sum of Rs.30,55,279.03ps towards Loan A/c.No.132581841 from the /ffi'svle
oA,No615/2023
2
defendantwith future interest@11'75o/op'a' along with interest @2olo P.m.from the date of aPplication till the date of realisation alongwith costs
firyu''"
OA.No.5l5l2023
Bfitoto (RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether Applicant Bank is entitled to the claim made in the Original Application against the Defendant?
HDFC Bank Ltd.
Mr. Gajjala Madanamohan Reddy
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
