Allowed

Hdfc Bank Limited. v. M/s. a v Rambabu Infra Pvt. Ltd.

DRT6 Aug 2026OA/582/2025

Case brief

AI extract

What is this about?

This Debts Recovery Tribunal order allowed an application by HDFC Bank for recovery of dues from respondents. Finding that non-participating defendants satisfied their debt liability through evidence on record, the court ordered payment of claimed interest, affirmed claims against mortgaged properties, and authorized proceeds against defendant assets.

What did the court decide?

Defendants ordered to pay Rs.4,09,32,608.98 plus future interest; mortgage properties made liable; recovery certificate issued; costs awarded.

Hdfc Bank Limited. versus M/s. a v Rambabu Infra Pvt. Ltd. — Banking and Recovery | DRT (2026)

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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE O6TH DAY OF AUGUST, 2026

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PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB.^(Hons.), lvl.A. PRESIDING OFFICER

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ORIGINAL APPLICATION No: 582 0F 2025

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HDFC BanK LIN4ITED., Bank House, Department for Special Operations, H. No.6-3-246 & 6-3-2441A 3'd Floor, Roxana Palladium, Road^No.1 Banjara Hills, Hyderabad - 500034. Rep. by its Authorized Signatory.

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.....Applicant.

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Versus

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N'l/s. A V Rambabu Infra Pvt. Ltd., Regd. offlce at 16-39-1, Flat No.201 Shiridi Sai Arcade, Road^No.4,Sri Krishna Nagar, Dilsukhnagar Hyderabad - 500060.

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Also at:-

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M/s. A V Rambabu Infra Pvt.^Ltd., Corporate Office at H.^{No.10-704-12-44} Jawahar Nagar Colony,^{Ma rkaPur} Prakasam, A.P - 523316.

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Mr. Anna krishna Chaitanya, S/o.^Anna Venkata Rambabu, H.No.^10-104-12-4A Jawahar Nagar Colony,^MarkaPUr Prakasam, A.P - 500016.

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Mr. Anna Venkata Rambabu,^{S/o. Subba} Rangaiah Anna, H.No. 10-104-72-44 lawa har Nagar Colony,^MarkaPur Prakasam, A.P - 500016.

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... Defendants

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Counsel for the ApPlicant

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Defendants

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: Mr. Alluri Krishnam^Raju ,e"_0"rt"1fu.:$tb

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oA,NO,582/2025

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:: ORDER ::

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The Applicant Bank filed the present OA for the recovery a total sum of Rs.4,09,32,608.98ps as on 31.05.2025 from the defendants^jointly and severally with future interest @18o/o p.a. with monthly rests plus 2o/o pendl interest from 01.06.2025 till the date of realization along with costs and in default for sale of OA schedule properties.

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Summons served on D2 and was set ex-parte on 24.10.2025 as called absent and no representation. Summons served on D1 and 3 and was set ex-parte on 76.O4.2026 as called absent and no representation.

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The Applicant Bank examined y Murlidhar Reddy, Legal Manager, as AW-1 and marked 17 documents through him as Ex. A.1 to Ex. A. 17.

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

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5, 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 schedule properties?

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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.17 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. Mt'u

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oA.NO.582/2025

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In the result, the present Original Application No.582/2025 allowed as under: -

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i) The Defendants are jointly and severally liable to pay to the Applicant Bank a sum of Rs.4,09,32,608.98ps with future interest @12o/o^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 mortgage of properties 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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B. 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, signed and pronounced by me in the open court on this the 06th Day of August, 2025). '}!56'.r'-l.

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SHWAR KOTHE) ESIDING OFFICER

Hdfc Bank Limited. v. M/s. a v Rambabu Infra Pvt. Ltd.

Case brief

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Hdfc Bank Limited. v. M/s. a v Rambabu Infra Pvt. Ltd.

Case brief

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