Allowed

Union Bank of India v. M/S. Sai Shg Lingayipalli Group

DRT10 Jul 2026OA/368/2026

Case brief

AI extract

What is this about?

DTTR-I, Hyderabad allowed the applicant bank's original application against ten defendants, including individuals and an SHG group, for recovery of a loan facility outstandinq with future interest and costs, treating the bank's claim as established n view of documentary evidence. The order directed a recovery certificate. 0A passed.

What did the court decide?

Defendants are jointly and severally liable to pay Rs. 20,29,682.42 with future interest at 10.5% p.a. from 17.05.2026. Recovery certificate issued.

Union Bank of India versus M/S. Sai Shg… — Contract and Commercial Disputes | DRT (2026)

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ii.I THE DEBTS RECOVERY TRIBUNAL - IAT HYDERABAD

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DATED THIS THE lOth DAY OF JULY, 2026

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F itESENT: SRI cUMMADI GOPICHAND, PRESIDING OFFICER

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OA. No.368 OF 2026

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Betwee n :

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Union Bank of lndia, Chegunta Branch, Chegunta Main Road Chegunia Village Chegunta Mnadal Medak District

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Telanoana 502255

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Represented by its Manager

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Applicant

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VERST]S

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M/s Sai SHG Lingayipalli Group Smt. Eanoth Lalitha

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Wo Sr Banoth Jagan

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Age: about 29 yrs, Occ: Agri Labour

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H. No ll-55, Lingayampalli Thanda

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Mandal Doultabad

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Maharnadshapur,

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Medak, Telangana 502247 ph no 9550285192

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Mrs. Bonthu Hamsi Wo Sri. Bonthu Raju M/s Sai SHG Lingayipalli Group

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Age: 30 y Labour Thanda

Mandei

\W,ry'

(oA. No. 358/2026)

Smt. Lambadi Kavitha Wo Sri.Lambadi Mothilal M/s Sai SHG Lingayipalli Group Age27 yrd, Occ: Agri Labour H. No. 2-50,

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Lingayarnpalli Thanda Mandal Doultabad Mahanradshapur, Medak, Telangana 502247

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Smt. Lambadi Buji Wo Sri Lambadi Mittu M/s Sai SHG Lingayipalli Group Age. 42 yrs, Occ: Agri Labour H. No.2-67,

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Lingayarnpalli Thanda Mandal Doultabad Mahanradshapur, Medak. Telangana 502247

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Mrs. Maloth Laxmi

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C/o Sri. Anjaiah Banthu

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M/s Sai SHG Lingayipalli Group

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Age 42 yrs Occ: Agri Labour

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H. No.2-47

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Lingayampalli Thanda Mandal Doultabad

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// , - c. ^7 .rP $\ Uil c's ; 10 JUL 2026 ;

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;4:: .$1 c^..i' ''Sr;$,qS/

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(oA. No. 368/2025)

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Sri Lanrbadi Kavitha Wo Sri Lambadi Devender M/s Sai SHG Lingayipalli Group Age: 32 Occ: Agri Labour H. No 2-73, LingayampalliThanda Mandal Doultabad Mahamadshapur, Medak, Telangana 502247

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Smt. Banoth Kavitha Wo Sri Banoth Mohan M/s Sai SHG Lingayipalli Group Age: 2B yrs, Occ: Agri Labour H. No 2-48, Lingayampalli Thanda Mandal Doultabad Mahanradshapur, Medak, Telangana 502247

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Smt LambadiShobha Wo Sri. Lambadi Durgesh M/s Sai SHG Lingayipalli Group Age: 26yrs Occ: Agri Labour H. No 2-42, Lingayampalli Thanda Mandal Doultabad Mahanradshapur, Medak, Telangana 502247

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Smt. Lambadi Saroja Wo Sri. Lambadi Kashya M/s Sai SHG Lingayipalli Group Age: 40 yrd, Occ: Agri Labour Thanda

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1 0 JUL 2026

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(oA. No. 368/2026)

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Smt. Banoth Shanthi Wo Sri Banoth B.Bheem La M/s Sai SHG Lingayipalli Group Age: 32yrs, Occ: Agri Labour H. No 2-63 Lingayampalli Thanda Mandai Doultabad Maharnadshapur, Medak, Telangana 502247

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Defendants

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Counsel for the^parties : For The Applicant Sangeeta Jaiswal For the Defendants Exparte Reserved on 09.07.2026 PronoLrnced on 10.07.2026 Upload in website on 10.07.2026

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ORDER

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The Applicant Bank filed the present OA against Defendants for recovery of a total sum of Rs.20,29,682.42 ps^(Rupees Twenty Lakhs Twenty Nine Thousand Six Hundred And ,^{. - , -,, - Eighty Two Rupees And Forty Two PaisaOnly) with future} J,..^,,, ,. L rr,i\ ". @12.5% -^{p.a withmonthlyrests including penalinterest} "r-;trqlei*l l:.+ @2y,|p\^{lrom 17.05.2026 till the date of realization.} 1O JUL

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(oA. No.36812026)

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As per the averments in the application, the Applicant Bank states that Defendants availed cash credit Loan facility of Rs.20,00,000/- with interest @11.55% p.a and executed Hypothecation Agreement (for agricultural advances) dated 25.09.2023, lnterest Agreement dated 25.09.2023 in favor of the Applicant Bank. After availing the loan facility, the defendants failed to comply the terms of sanction, hence the applicant bank classified the account as NPA on 30.04.2026 and issued Legal notice dated 25.05.2026 to the defendants. lnspite of several requests and demands, the defendants did not clear the outstanding. Hence this OA.

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3 Defendants called absent and set exparte on 09.07.2026.

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4 Mr. Pagolu Sri Harsha, Authorized Officer of the Applicant Bank examined himself as AW.1 and exhibited relevant documents, which are marked as Ex.A.1 to A.15.

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Heard the Ld. Counsel for the Applicant Bank.

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The point that arise for consideration is whether the Applicant is entitled for the claim made in the OA against the pts as prayed for?

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(oA. No. 368/2026)

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Defendants remained exparte. To substantiate the case of the Applicant Bank, AW.1 , official of the Applicant Bank was examined and he exhibited relevant documents as Ex.A.1 to A.15. ln view of the above, I hold that the Applicant Bank has established their claim made in the OA against the Defendants and hence the Applicant Bank is entitled to recover the claim made in the OA with future interest and costs.

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8 ln the result, the present OA is allowed with costs, as under^:

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The Defendants no. 1 to 10 are^jointly and severally liable to pay to the Applicant Bank a total sum of Rs.20,29,682.42 ps (Rupees Twenty Lakhs Twenty Nine Thousand Six Hundred And Eighty Two Rupees And Forty Two Paisa Only) with future interest @10.5o/o p.a from 17.05.2026 till the date of realization

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also entitled to proceed against the No. 1 firm and person and^properties of towards realization of the debt due.

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is entitled to the costs of the OA.

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1O JUL

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(OA. No. 368/2026)

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The Applicant shall file a cost memo^{within two weeks from the} date of receipt of order.

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lssue Recovery Certificate accordingly.

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13 Communicate a copy of the order to^{the padies concerned.}

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i3 ctated to the P.A., transcribed^{by her, corrected, signedand pronouncedby me in the openmurton} llris the 10h day ofJul,2026)

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sd/-
(G. GOPICHAND)
J 10 JUL ,o,n PRESIDING OFFICER
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Union Bank of India v. M/S. Sai Shg Lingayipalli Group

Case brief

What is this about?

What did the court decide?

Union Bank of India v. M/S. Sai Shg Lingayipalli Group

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

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