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Ms Hithaishi Motors versus Union Bank of India — Company and Corporate | DRT (2026)

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DRT
2026
Ms Hithaishi Motors versus Union Bank of IndiaMs Hithaishi Motors v. Union Bank of India

Dismissed

Ms Hithaishi Motors v. Union Bank of India

DRT25 Apr 2026SA/153/2025

Case brief

AI extract

What is this about?

The Satyam Lok Adalat dismissed an application filed by M/s. Hithaishi Motors assailing debt recovery actions of Union Bank of India on withdrawal.

What the court decided

AI extract

Outcome

Dismissed

Detailed headnote1 paragraphs

Special Lok Adalat dismissed the application (SA No. 153/2025) filed by the applicant against the respondent bank due to its withdrawal, which was agreed to by the respondent since the auction sale as the subject matter did not materialize.

A compact analysis

This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.

A

BEFORE THE SPECIAL^{LOK ADALAT} DEBTS RECOVERY^{TRIBUNAL II - HYDERABAD}

AWARD

DATED: 25.04.2026'

IN

SECURITIZATION^{APPLICATION NO: 153/2025}

Present:

Sri Rameshwar^{Kothe, Presiding Officer'}

Sri R. Rajendra^{Prasad, Member'}

Ms. P. Tarangani,^Member'

Reference^{made bY:-}

Applicant through:

Respondent^through:

Mr. T. Vijay^{Kumar, Advocate.}

Mr. V. Sethu^{Madhava Rao. Advocate}

Between:-

M/s. Hithaishi^Motors.

Applicant.

And

Union Bank of^India.

Respondent.

Whereas the^{applicant filed the instant SA in this Tribunal} assailing^{the actiontaken by the Respondentfor recovery of its} dues.

whereas^{learned counsel appearlngfor the applicantreported} that he has^{no objectionto withdraw the SA as the auctionsale} which is the^{subjectmatter of the SA has not materializedfor} 6{*u

sA.153/202s

want of bidders. Learned counsel appearing for the respondent bank agreed with the statement of the applicant.

Now in terms of reference made before this Special Lok Adalat on this the 25th day of April, 2026, the SA.No.153/2025 is dismissed as withdrawn.

Copy of this order be provided to the concernecl parties or their representatives. v,'v!'|u, (Given under the hand T,g, ,::l-9f the Speciat L ok Adatat Bench on this the 25th day of April, 2026)

1E---{ R. Rajendra prasad Member Member

."AM*" Presiding Officer

Parties & counsel

AI extract

applicant
M/s. Hithaishi Motors
respondent
Union Bank of India

Coram

AI extract

Rameshwar Kothe
R. Rajendra Prasad
P. Tarangani

Case details

As recorded by the court registry

Court: DRT
Decided on: 25 Apr 2026 · April
Case no.: SA/153/2025
CNR: 280120005352025
Topic: Company and Corporate
Bench: Rameshwar Kothe

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Cite this judgement

Ms Hithaishi Motors v. Union Bank of India, SA/153/2025 (DRT), decided on 25 April 2026.

The Debt Recovery Tribunals publishes no neutral citation for this judgement — cite it by case number and date of decision.

Bench / Coram

Rameshwar Kothe and R. Rajendra Prasad and P. Tarangani

Parties & counsel