Debt Recovery Tribunal allowed the bank's application for recovery of Rs. 28,16,988.99 along with interest and costs against the absent defendant based on examined documents.
Respondent directed to pay Rs. 28,16,988.99 with future interest and costs; 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 HYDERABAD
DATED THIS THE 21ST DAY OF AUGUST, 2025
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB.(Hons.), M.A.
PRESIDING OFFICER
Original Application No: 387 OF 2023
HDFC BanK Ltd., One of its Branch office at 1-10-60/3, 3'd Floor, Suryodaya Complex, Begumpet, Secunderabad Mandal Hyderabad - 500 016. Rep. by its Legal Manager.
.....Applica nt
Versus
Mr.Y.Sai Praveen Kumar, S/o.Y.Kondaiah Aged about 31 Years, Occ: Doctor R/o. H.No. 12l138-B1, Nandikotkur Nandyala Road, Kurnool - 518401.
Also at:-
Mr. Y.Sai Praveen Kumar
R/o. H.No.3/60A, Koduru Village Bandi Atmakur Kurnool - 518523.
......Defendant
Counsel for the Applicant : M/s. M.Srinivas Reddy Defendants : Ex-parte
:: ORDER ::
OA.No.387/2023
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
OA.No.387/2023
PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the Original Application against the Defendant?
HDFC Bank Ltd.
Mr. Y.Sai Praveen Kumar
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
