Yes Bank v. Kurmindala Pavani
Case brief
What is this about?
In an ex-parte original application, the Debts Recovery Tribunal allowed the bank's claim for recovery from two respondents after examining documents proving their joint and several liability for a debt.
What did the court decide?
Defendants directed to pay Rs.34,17,227.72 with future interest; claim secured by hypothecated vehicle; recovery certificate issued.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 16TH DAY OF SEPTEMBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B,Com., L.LB. (Hons.), M.A. PRESlDING OFFICER
ORIGINAL APPLICATION No: 03 OF 2025
Ivlls.YES Bank Limited., Office at 1-8-387, 2No Floor, Agravanshi Plaza, HUDA Lane, S.P.Road, Secunderabad - 500003. Rep. by its Authorized Signatory. ,...,Applicant.
Versus
- Mrs. Kurmindala Pavani D/o. Mr. Anjaneyulu Nakka H.No. 1-10-1, 2t6/217 /29130/ 703 Krishnanagar Colony, Chakiripuram Secunderabad, Hyderabad - 500062.
- Mr. Kurmindala Damodar Goud H/o. Mrs.Nadam Pavani, Flat No.103 Block 1, Sribalaji Towers, Krishna Nagar Colony, Hyderabad - 500062.
... Defendants
Counsel for the Applicant : M/s, N.B.Sudarshan
Defendants
: Ex-parte
Issues for consideration
1 issue framed by the court
Whether the applicant bank is entitled for the claim made in the OA against the defendants and hypothecated vehicle?
Parties & counsel
- applicant
Yes Bank Limited
- respondent
Kurmindala Pavani
- respondent
Kurmindala Damodar Goud
Coram
Case details
As recorded by the court registry
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