The Debts Recovery Tribunal allowed the Original Application filed by YES Bank Limited for recovery of Rs.1.70 crores from the defendants jointly and severally with future interest and costs.
Defendants directed to pay Rs.1.70 crores with future interest and costs; OA secured by hypothecated assets; 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 12TH DAY OF MAY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 130 OF 2026
YES Bank Limited., OFfice at 1-8-387, 2"d Floor, Agravanshi Plaza, HUDA Lane, SP Road, Secu nderabad-500003. Rep. by its Authorized Signatory.
.....Applicant.
Versus
Counsel for the Applicant : Ivlr. M. Srinivas Reddy Defenda nts : Ex-parte u9c* \Ln'
oA.NO,130/2026
2
:: ORDER ::
The Applicant Bank examined Sai Pavan Gudivada, Legal Manager, as AW-1 and marked 08 documents through him as Ex. A.1 to Ex. A.08.
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA hypothecated assets 7
oA.NO.13ol2026
//,ffi,r5*
(RAMESHWAR KOTHE) PRESIDING OFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendants and the hypothecated assets
YES Bank Limited
Sri Buddha Engineering and Constructions Pvt Ltd
Mrs. Koditham Vara Lakshmi
K. Rajasekhar
Mrs. Vannam Sravani
RAMESHWAR KOTHE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
