Hdfc Bank v. Mr. Rabi Reddy
Case brief
What is this about?
Debts Recovery Tribunal allowed the applicant bank's Original Application for recovery of a personal loan of Rs. 23.94 Lakhs against the defendant, holding that the bank established its claim despite the defendant's ex parte absence.
What did the court decide?
Defendant is liable to pay applicant bank Rs.23,94,838.48 along with interest @ 18% p.a. from 12.08.2025 and recovery certificate is issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-I AT HYDERABAD
DATED THIS THE 19TH DAY OF FEBRUARYI2026
PRESENT: SRI GUMMADI GoPICHAND, PRESIDING oFFICER
OA.No.3O of 2026
Between:
HDFC Bank Ltd, Office at #5-9-22/A & 5-9-22/t/8, 4th floor, Shapooq'i Towers, Adarshnagar, Hyderabad - 63, Represented by its Authorised signatory
Applicant
VERSUS
Mr. Rabi Reddy, S/o A, Dasu Reddy, Aged about 33 yrs, occ: pvt employee, R/o H.No.3-4 -16/ 14/ 5, Sreerama Colony, Near Little Buds school, Ramanthapur, Amberpet, Hyderabad - 500 013.
Also at:
C/o LTI MIND TREE LTD, #Building No.20, 14 & 15th floor, Sy.No.83/1, Raidurgam village, Serilingampally mandal, Hyderabad, TS - 500 032.
Defendant
Issues for consideration
2 issues framed by the court
whether the applicant bank is entitled to the claim made in the original application against the defendant
whether the bank has established its claim by examining the official and exhibiting relevant documents
Parties & counsel
- applicant
HDFC Bank Ltd
- respondent
Mr. Rabi Reddy
Coram
Sri Gummadi Gopichand
Case details
As recorded by the court registry
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