Allowed

Hdfc Bank Ltd., v. Priyanka Mahajan

DRT23 Mar 2026OA/166/2025

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal allowed the Original Application filed by HDFC Bank Ltd. against Priyanka Mahajan for the recovery of a principal sum of Rs. 42,59,838.30 with future interest and costs, as the defendant remained absent.

What did the court decide?

The defendant to pay Rs. 42,59,838.30 with future interest; entitlement to proceed against properties; costs awarded; Recovery Certificate issued.

Hdfc Bank Ltd., versus Priyanka Mahajan — Banking and Recovery | DRT (2026)

¶1

IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 23RD DAY OF MARCH, 2026

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PRESENT: SH. MMESHWAR KOTHE, B.Com., L.LB, (HonS.), M.A.

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PRESIDING OFFICER

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Original Application No: 166 OF 2025

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HDFC Bank Ltd.,

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H. No. 1- 10-60 /3, 3d Floor, Suryodaya Complex, Opp Shoppers Stop Begumpet, Hyderabad - 500 016. Rep by its Legal Manager.

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.....Applicant

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Versus

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Priyanka Mahajan, C/o. Kasarla Aravind Reddy, Age 39 Years, Occ: Salaried Flat No.304, Block B, BRC Siva Hills Near Indusind Bank, Puppalaguda, KV Ranga Reddy, Hyderabad - 500089.

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Also at:-

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Priyanka Mahajan

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Survey No.115, Waverock Building Nanakramguda, Hyderabad - 500032.

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......Defendant

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Counsel for the Applicant : Dr. M. P. Kashyap

Defendants

: Ex-parte

:: ORDER ::

The Applicant Bank filed the present OA for the recovery of .a sum of Rs.42,59,838.30ps from the defendant with future interest @10.25olo^p.a. compounded with monthly rests from^the date.of application till the date of realisation along with ,orrrffill#

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OA.No.166/2025

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Summonservedonsoledefendantthroughpaperpublicationand was set ex-parte on^{19'01'2026 as called absent and no} representation.

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J,'7 The Applicant^{Bank examined AdithyaA S, Legal Manager as AW-i'} and marked 04^{documentsthrough him as Ex' A'1 to Ex' A'04'}

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HeardtheLd'CounselfortheApplicantBank.PerusedthemateriaI placed on record.

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The point that arises^{for consideration is:-}

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Whether the Appticant^{Bank is entitledfor} the claim made in^{the OA againstthe} Defendant?

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Asstatedsupra,theDefendantremainedex-parte'TheEvidence Affidavit coupled with^{the recitals in the documents viz', Exs' A'1 to} A.4 marked on behalf^{of the ApplicantBank clinchesthe claim of the} Applicant Bank against^{the Defendant. Hence, Ihold that the} DefendantisliabletopaytheoAclaimtotheApplicantBankWith future interest and^costs.

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In the result, the^{present Original Application No.166/2025is} allowed as under:^-

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i) The Defendant^{is liable to pay to the Applicant Bank a} sum of Rs.42,59,838.30ps^{with future interest} @10.25olo^{p.a. simple,} !r41n^{the date of applicationtill} the date ot reatizarior{/$tb\

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OA.No.166/2025

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ii) the applicant bank is also entitled to proceed against the person and properties of the defendant for realization of its dues;

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iii) the applicant bank is entitled for the costs.

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B. The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.

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Issue Recovery Certificate accordingly.

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Communicate a copy of this order to the^parties concerned. (Dictated to the steno., transcribed by him, corrected, signed and pronounced by me in the open court on this the 23'd day of March, 2026).

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Ow*

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(RAMESHWAR KOTHE) PRESIDING OFFICER

Hdfc Bank Ltd., v. Priyanka Mahajan

Case brief

What is this about?

What did the court decide?

Hdfc Bank Ltd., v. Priyanka Mahajan

Case brief

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What did the court decide?

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