Allowed

State Bank of India v. Aaroohee Healthcare Private Limited

DRT8 Sept 2026OA/388/2026

Case brief

AI extract

What is this about?

In an original application for recovery of debt totaling approximately Rs. 17.24 crore, the Debt Recovery Tribunal held that the applicant bank established its claim through documentary evidence as respondents appeared ex-parte, ordering payment of principal, future interest, costs, and realization from mortgaged properties.

What did the court decide?

Decree for payment of Rs. 17,24,92,640.00 with future interest; permission to proceed against mortgaged property and hypothecated movables; recovery certificate issued.

State Bank of India versus Aaroohee Healthcare… — Contract and Commercial Disputes | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL - IAT HYDERABAD DATED THIS THE OTth DAY OF SEPTEMBER,2026 PRESENT: SRI GUMMADI GOPIcHAND, PRESIDING OFFICER

¶2

OA. No. 388 OF 2026

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Between :

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State Bank of lndia, Stressed Assets Management Branch-ll lst Floor, Community Amenity Centre (CAC), TSRTC Bus Station, Kachiguda Hyderabad -500027,

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email: sbi. 1 [email protected]

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Mobile: 9867969417.

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Represented by its Asst. General Manager

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Applicant

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VERSUS

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M/s Aaroohee Health Care Private Ltd, 4-1 -97 41 1 12, 2nd floor, B-Block, Triveni Complex,

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Abids Road,

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Hyderabad-500001 .

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Email: aarooheehealthcare @gmail.com Mobile: 9989993912

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Also at -

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M/s Aaroohee Health Care Private Ltd, Registered Office, 112 Visvas Path, Nirman Nagar, Ajmer Road, Jaipur,

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Rajasthan -302005 Email: aarooheehealthcare @gmail.com Mobile:9989993912

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(OA. No.388/2026) '

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Sri. Brijesh Agarural son of Balakrishna Aganaral Male, Major, 1 -2-606/80/53, LIC Colony Opp lndira Park, Lower Tank Bund, Gandhinagar, Hyderabad-500080 Email: [email protected] Mobile: 9989993912

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Sri. Yogesh Agarwal son of N.K.Agarwal, Male, Major, 33-151, Pushp Kunj, Shakthi Nagar, Ramakrishnapuram, Tirumalagiri, Secunderabad 500056 Email: aarooheehealthcare @gmail.com Mobile:9989993912

¶21

Sri. Mukesh Aganrual son of Balakrishna Agarwal Male, Major, 1-2-606/80/53, LIC Colony Opp lndira Park, Lower Tank Bund, Gandhinagar, Hyderabad - 500080 Email : [email protected] Mobile: 9989993912

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(oA. No. 388/2026)

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Sri. Naresh Kumar Aganival

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alias Naresh Kumar Son of Manick Chand, Male, Major,

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8-2-120186191A16, Raju & Rao Colony, Lucid Diagnostic Centre, Banjara Hills Road No.2, Hyderabad-500 034 Email: aarooheehealthcare @gmail.com Mobile: 9989993912

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Smt. Sangeeta Agarwal wife of Naresh Kumar Aganrual, Female, Major,

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8-2-120186191A16, Raju & Rao Colony, Lucid Diagnostic Centre, Banjara Hills, Road No.2, Hyderabad-500034. Email: aarooheehealthcare @gmail.com Mobile: 9989993912

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Sri. Vinodh Lalwani son of Sri. Preetam Lalwani, Male, Major,

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6-3-347 I 1 I 1, Flat No.302,

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Third Floor, Jalagam Residency, Dwarakapuri Colony, Near Saibaba Temple, Punjagutta, Hyderabad 500082. Email: aarooheehealthcare @gmail.com Mobile: 9989993912

¶31

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(OA. No. 388/2026)

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Smt. Pushpalatha Biyani wife of Late Balakrishna Biyani, Female, Major, 5-8-292, Chiragalli Lane, Abids, Nampally, Hyderabad - 500001 Email: aarooheehealthcare @gmail.com Mobile: 9989993912

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Smt. Pratima Agarwal, w/o Mukesh Aganival Female, Major, 1 -2-606/80/53, LIC Colony Opp lndira Park, Lower Tank Bund Hyderabad-500080 Email: aarooheehealthcare @gmail.com Mobile: 9989993912

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Sri. Akshay Aganval, son of Brijesh Agarwal,

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Male, Major, 1-2-606/80/53, LIC Colony Opp lndira Park, Lower Tank Bund Hyderabad - 500080

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Email: aarooheehealthcare @gmail.com Mobile: 9989993912

0 I SEP 7028

(oA. No. 388/2026)

Aman Vinodh Lalwani son of Sri. Vinodh Lalwani 6-3-3471111, Flat No.302, Third Floor, Jalagam Bedsteanu Residency, Dwarakapuri Colony, Near Saibaba Temple, Punjagutta, Hyderabad 500082 Email: aarooheehealthcare @gmail.com Mobile: 9989993912 't 2. Mukesh Kumar Aganival, Male, Major, I 2-1-331 -63-1, Dattatreya Colony, Asifnagar, Hyderabad 500001 Email: aarooheehealthcare @gmail.com Mobile: 9989993912 Defenda nts di l/ /"&. Counsel for theparties r. M.V. Janaki Ram Exparte 01.09.2026 Pronounced on 07.09.2026 Upload in website on 08.09.2026

¶42

(oA. No. 388/2026)

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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.17,24,92,640.00. Ps (Rupees Seventeen Crores Twenty Four Lakhs Ninety Two Thousand Six Hundred and Forty Only) i.e a sum of -

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(i) Rs.15,81,36,063.00 Ps. under the Term Loan account with future rate of interest @16.00% p.a with monthly rests from 09.06.2026 till the date of realization,

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(ii) Rs.46,43,408.00 Ps. under the GECL loan account with future rate of interest @8.65% p.a with monthly rests from 09.06.2026 till the date of realization,

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(iii) Rs.97,13,169.00 Ps. under the GECL Loan account with future rate of .interest @8.65% p.a with monthly rests from .2026 till the date of realization,

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nd default for sale of Mortgaged Property and ted Movables as mentioned in the Schedule of to Xll to OA.

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the application, the Applicant Bank states a Private Limited company represented by

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(oA. No. 388/2026)

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its Directors availed cash credit loan facility of Rs.13.00 Crores/with interest @8.500/, p.a with monthly rest and Term Loan facility of Rs.75.00 Lakhs with interest @8.50o/o p.a with monthly rests and executed Agreement of Loan cum Hypothecation dated 02.03.2019 in favor of the Applicant Bank. The Defendants no. 2 to 10 stood as a Guarantor in the loan facilities availed by the Defendants and executed Guarantee Agreement dated 02.03.2019 in favor of the Applicant Bank. The Defendants created Equitable Mortgage morefully mentioned in Schedule of property to OA and executed Memorandum of Deposit of Title Deeds dated 05.03.2019 and deposited Original Tifle Deed in favor of the Applicant Bank. The Defendants availed GECL loan facility of Rs.2.60 Crores/- with interest @7.40o/o p.a with monthly rest and executed Supplemental Agreement of Loan cum Hypothecation dated 06.06.2020 in favor of the Applicant Bank. The Defendants availed GECL loan facility of Rs.1.30 Crores/with interest and executed Supplemental Agreement of Loan cum Hypothecation dated 20.10.2021 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 and issued Legal Notice dated 18.05.2026 to the defendants. lnspite of several requests and demands, the defendants did not clear the outstanding. Hence this OA.

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Defendfrts catt{$absenf}r\set exparte on 01.09.2026.
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(OA. No. 388/2026)

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Sri. Rupesh Daga, Chief^{Manager of the ApplicantBank examined} himself as AW.1 and exhibited^{relevant documents, which are} marked as Ex.A.1 to A.42.

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Heard the Ld. Counsel for the^{Applicant Bank.}

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The point that arise for consideration^{is whetherthe Applicant} bank is entitled for the claim^{made in the OA against the} Defendants as^prayed for?

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Defendants remained exparte. To^{substantiate the case of the} Applicant Bank, AW.'1, official of the^{ApplicantBank was} examined and he exhibited^{relevant documents as Ex.A.1to} A.42. ln view of the above, I^hold that^{the Applicant Bankhas} established their claim made in the OA^{against the Defendants} and hence the Applicant Bank is^{entitledto recover the claim} made in the OA with future interest and^costs.

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

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The Defendants No. I to 12 are^jointly and severally^{liable to pay} rores Twenty Four Lakhs NinetY^Two nd Fofi Only) i.e a sum of -

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(oA. No. 388/2026)

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(i) Rs.15,81,36,063.00 Ps. under the Term Loan account with future rate of interest @16.00% p.a from 09.06.2026 till the date of realization,

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(ii) Rs.46,43,408.00 Ps. under the GECL loan account with future rate of interest @8.65% p.a from 09.06.2026 till the date of realization,

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(aii) Rs.97,13,169.00 Ps. under the GECL Loan account with future rate of interest @8.65% p.a from 09.06.2026 till the date of realization,

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The Applicant Bank is entifled to proceed against the Mortgaged Property and Hypothecated Movables as mentioned in the schedule of Property I to Xll to the OA towards realization of the debt due.

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The Applicant Bank is entifled to proceed against the person and properties of Defendants No. 2 to 12 and properties of Defendant no. 1 company towards realization of the debt due.

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The two weeks from the date

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(oA. No.388/2026)

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lssue Recovery Certificate^accordingly.

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14. Communicate a copy of the^{order to the parties concerned.}

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(Dictated to the P A.. transcribed by her, corrected,^{signed and pronounced by me in the open courton} this the 07'h day of Sep^. 2026)

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sd/(G. GOPICHAND) PRESIDING OFFICER

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State Bank of India v. Aaroohee Healthcare Private Limited

Case brief

What is this about?

What did the court decide?

State Bank of India v. Aaroohee Healthcare Private Limited

Case brief

What is this about?

What did the court decide?

What the court decided

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