The Debts Recovery Tribunal allowed an Original Application filed by Yes Bank for recovery of dues from a defendant employee on ex-parte proceedings. The court held the documents submitted were sufficient to establish liability.
Recovery of Rs. 25,91,687.35 with future interest @ 11.25% p.a. and costs awarded; Recovery Certificate issued.
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.
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 23RD DAY OF OCTOBER, 2025
PRESENT: SH. RAMESHWAR pnesr#RlHoEhBr.3ifl., L. LB.(Hons. ),M.A.
Original Application No: 224 OF 2025
M/s. YES Bank Limited_. Office at # 1-8-387, 2"i Fton. Agravanshi plaza, HUDA Lane S.P Road, Secunderabad _ SOOOO:. Kep. by its Authorized signatory.
.....Applicant
Versus
patwaye, s/o. p. swarajyam II:Y"^l!.,.":l :g:o.:?gri4s years,occ: prtvateeniptoyee R/o..H.No. 1 1-13_1 192, plot No. 245 Road No.10, Vasavi Colony, Near Astalaxmi rempre, Kothapet, Saroornagar, Hyderabad _ 5OOO35.
Also at:-
C/o. Tech Mah indra Ltd.. Unit 1, Fll-t-to.22 25 & 27-34, Hitech City Layout, Madhapur, Hyderabad _ 5OO0g1.
Also at:-
C/o. H. No.22-2- 100, Konatwad, Dowblepura Near Ram I,tandir, Charminar, iyderaOaO_SbO0Za.
,.....Defendant
Counsel for the Applicant
Defendants
M/s.14. Srin ivas Reddy
Ex-pa rte
:: oRDER ::
OA.No.224l2025
p.a. withmonthlyrests frcm ?4'lo'20i.4 till the date of realisation alongwith costs'
OA.No.224l2025
3
p
inrstotttcoFFIcER
2 issues framed by the court
Whether the Applicant Bank is entitled to claim interest at 18% p.a. with monthly rests from 04.10.2014 till realization along with costs.
Whether the Affidavit coupled with documents ex-parte on record clinches the claim of the Bank against the Defendant.
1 provisions across 1 enactments
M/s. Yes Bank Limited
Pathiriyappa, s/o. P. Swarajyam
Sh. Rameshwarn
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
