Allowed

Hdfc Bank Ltd. v. M/s. Umiya Timber Trading.

DRT24 Aug 2026OA/464/2026

Case brief

AI extract

What is this about?

The Debt Recovery Tribunal allowed an original application filed by HDFC Bank Ltd. for recovery from Umiya Timber Trading and Harshuk Patel. The court granted a debt amount with interest and directed issuance of a Recovery Certificate based on ex-parte evidence.

What did the court decide?

Defendants directed to pay Rs. 31,65,308/- with interest; OA claim secured by hypothecated assets; Recovery Certificate issued.

Hdfc Bank Ltd. versus M/s. Umiya Timber Trading. — Contract and Commercial Disputes | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD

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DATED THIS THE 24TH DAY OF AUGUST, 2026

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PRESENT: SH. RAMESHWAR KOTHE, B.CoM., L.LB.^(HONS.), M.A. PRESIDING OFFICER

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ORIGINAL APPLICATION No: 464 OF 2026

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HDFC Bank Ltd.,

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1-10-60/3,3'd Floor, Suryodaya Complex Opp. Shoppers Stop, Begumpet, Hyderabad^- 500016. Rep. by its Authorized Signatory.

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.....Applicant.

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Versus

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M/s. Umiya Timber Trading.,

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Rep by its Proprietor, Harshiuk Patel 7-5-69/3/D, Reddy Enclave, Surya

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Nagar, Old Alwal, Select Talkies Road Secunderabad - 500015.

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Harshuk Patel, S/o. Visram Mavji Patel, Age 46 Years, Occ: Business Flat No. 1-5-69/3/D, Select Takies Road Old Alwal, Secunderabad - 500010.

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Also at:-

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Harshuk Patel, S/o. Visram Mavji Patel, Age 46 Years, Occ: Business Flat No.401, Plot No. 26, [4y Dream Residency, Khamal Nagar, Near Ayyapa Temple, Kapra, Secunderabad - 500062.

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... Defendants

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Counsel for the Applicant

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M/s. Lotus Law Associates

Defendants

:Ex-parte

:: CLLLq& ::

The Applicant Bank filed the^present OA for the recovery^{a total} SUM of Rs.31,65,308/- from the defendants^jointlyand OKo*

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oA.NO.464/2026

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severally with future interest @8.8olo^p.a. compounded with monthly rests from the date realization along with costs ";: i:'":il,l ,::.:: :: hypothecated assets.

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Summons served on D1 and 2. They were set ex-parte 18.08.2026 as called absent and no representation.

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The Applicant Bank examined Adithya A S, Legal Manager, as AW-1 and marked 09 documents through her as Ex. A.1 to Ex. A.09.

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Heard the Ld. Counsel for the Applicant Bank. perused the material placed on record.

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The point that arises for consideration is:-

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Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendants and OA hypothecated assets ?

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As stated supra, the Defendants remained ex-parte. The Evidence Affidavit coupled with the recitals in the documents viz., Exs. A.1 to A.09 marked on behalf of the Applicant Bank clinches the claim of the Applicant Bank against the Defendants. Hence, I hold that the Defendants are joinuy and severally liable to pay the OA claim to the Applicant Bank with future interest and costs.

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In the result, the present Originat Apptication No.464l2026 is alowed as under: - lQ&anO*

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oA.NO.464/2026

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i) The Defendants are jointly and severally liable to pay to the Applicant Bank a sum of Rs.31,65,308/- with future interest @8.8olo p.a. simple from the date of application till the date of realization;

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ii) the OA claim is secured by way of hypothecation of assets described in the schedule annexed to the OA and the applicant bank is entitled to proceed against the same to realise its debt;

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

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iv) the applicant bank is entitled for the costs.

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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, corrected, si8ned and pronounced by me in the open court on this the 24th Day ofAugust, 2026).

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K'ltrs$ SHWAR KOTHE) PRESIDlNG OFFICER

Hdfc Bank Ltd. v. M/s. Umiya Timber Trading.

Case brief

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Hdfc Bank Ltd. v. M/s. Umiya Timber Trading.

Case brief

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