Debts Recovery Tribunal allowed the bank's application to recover approximately 1.03 crore rupees along with interest and costs from four defendants, holding them liable based on evidence of hypotechated assets.
Directed payment of Rs. 1,03,13,837.16 with interest and costs; recovery certificate issued.
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 TRIBUNAL-II AT HYDERABAD
DATED THIS THE 19TH DAY OF JUNE, 2026
PRESENT: SH, RAMESHWAR KOTHE, B,Com. L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 30 OF 2026
HDFC BanK Ltd. 1-10-60/3,3RD Floor, Suryodaya Complex, Opp Shoppers Stop, Begumpet, Hyderabad-500016 Represented by its Authorised Signatory
.Applicant
Versus
REP BY ITS MANAGING DIRECTOR GAUMV GUPTA
R/o. 7-34 DSR COMPLEX
FLAT.NO-410, 4TH FLOOR KOIT4PALLY MEDCHAL.5OOOl4
Age: 39 Years; Occ: Business
R/o. t-34 DSR COtvtPLEX
FLAT. NO-410, 4TH FLOOR KOMPALLY MEDCHAL-5OOO14
Also At GAURAV GUPTA S/o. VIJAY GUPTA
Age: 39 Years; Occ: Business Flat. No.103,203, P BLOCK H1 VISION RESIDENCY OPP.SIDDH CONVENTION KOIVI PLAY, IYEDCHAL MALKAJGIRI-5OOO 14
i-./ 4Y..*",Uv'
oA.NO.30/2026
Age: 40 Years; Occ: Business
R/o. 1-34 DSR COMPLEX FLAT.NO-410, 4TH FLOOR KOMPALLY MEDCHAL.5OOOl4
Counsel for the Applicant : Lotus Law Associates
Counsel for the Defendants : Ex- parte
:: ORDER ::
oA.NO.30/2026
whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA hypothecated assets?
oA.NO.30/2026
applicant bank is entitled to proceed against the same to realise its deb|
iii) the applicant bank is also entiUed to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entifled for the costs.
B. The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.
AK;J (RAftESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
whether the Applicant Bank is entitled to recover the claim against the Defendants and the OA hypothecated assets?
HDFC Bank Ltd.
Vijeka Logistics Pvt Ltd
Gaurav Gupta
Piyush Gupta
Ruchi Lahoty
SH. Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
