This is a brief disposal order of an original application filed by a bank for recovery of dues. The court, upon perusal of the evidence affidavit and documents, held the defendant liable and allowed the application.
Recovery of Rs.1,56,25,391.89 with interest @12% p.a., costs, and issuance of Recovery Certificate.
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 HYDERABAD DATED THIS THE 26th DAY OF SEPTEMBER, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons,), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 255 OF 2025
M/S.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
M/s. Sri Nidhi Carbonic Gases., Represented by its Proprietor Mr. Kakaraparthy V V S Murty 130 and 162, Sy.No.170, Dhulapally Rd IDA Jeedimetla, Malkajgiri Phase V Hyderabad - 500055.
... Defendant
: M/s. N.B.Sudarshan Counsel for the Applicant Defendant : Ex-parteEx-parte
: Ex-parteEx-parte
:: qLLLL ::
oA.NO,255/2025
2
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant and OA hypothecated assets ?
oA.NO.2s51202s
3
appllcant bank is entitled toproceed against the same to realise its debt;
iii) the applicant bank is also entitled toproceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entitled for the costs.
flu,gr.*.s19 /( ./ '1b' lffiesnwenxorxe; PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the Original Application against the Defendant for recovery of dues secured by hypothecated assets?
1 provisions across 1 enactments
M/S.YES Bank Limited.
M/s. Sri Nidhi Carbonic Gases.
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
