The DRT-II at Hyderabad allowed YES Bank Limited's original application for recovery of Rs. 23,57,195.38 from defendants executing jointly and severally liable with future interest and costs after defendants were absent.
Defendants jointly and severally liable to pay Rs. 23,57,195.38 with future interest @17% p.a. simple with costs.
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 O4TH DAY OF NOVEMBER, 2025
PRESENT: SH. RAI4ESHWAR KOTHE, B.Com., L.LB. (Hons.), lvl.A. PRESIDING OFFICER
Original Application No: 859 OF 2025
The YES Bank Limited., Office at 1-8-387, 2"d Floor Agravanshi Plaza, HUDA Lane S P Road, Secunderabad - 500003. Rep. by lts Authorized Signatory.
... Applica nt
Versus
...... Defendants
Counsel for the Applica nt : M/s. M.Srinivas Reddy
Defendants
: Ex-parte ffgr^.tq (!,/' "^''
OA.No.859/2025
:: ORDER ::
Whether the Applicant Bank is enti ed for the claim made in the OA against the Defendants?
allowed as under: -
Q:'.'t'
OA.No.859/2025
SHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants?
YES Bank Limited
M/s. Lakshmi Latha Industries
Ms. Pushpalatha Cherukuri
Mr. T. Venkata Swaroop Kumar
RAI S. KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
