Allowed

Yes Bank Limited v. Mrs. Voodi Sravani

DRT18 Jun 2026OA/245/2026

Case brief

AI extract

What is this about?

In an original application for recovery of dues, YES BANK Limited sought recovery of Rs. 20,27,306.60 from Mrs. Voodi Sravani. The respondent was summoned ex-parte. The Presiding Officer, after perusing documents and hearing the applicant, held that the defendant was liable and allowed the application.

What did the court decide?

Defendant liable to pay Rs. 20,27,306.60 with future interest @ 14.50% p.a. simple, costs allowed, and recovery certificate issued.

Yes Bank Limited versus Mrs. Voodi Sravani — Banking and Recovery | DRT (2026)

¶1

IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD

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DATED THIS THE 18TH DAY OF JUNE, 2026

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PRESENT: SH. RAMESHWAR KOTHE, B,Com. L.LB. (Hons.), 14.A.

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PRESIDING OFFICER

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ORiGINAL APPLICATION No: 245 OF 2026

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YES BANK Limited office at # 1-8-387, 2nd Floor, Agravanshi Plaza, HUDA Lane, S.P. Road, Secunderabad - 500003 Rep by its authorised signatory

¶7

Versus

¶8

Mrs. Voodi Sravani, W/o. Rahul Chethan Aged About 39 Years, Occ: Self-Employee R/o. H No. 3-5-744/4, Flat No.302, NS Pride Apts, Near Eden Garden Function Hall, King Koti, Nampally Hyderabad - 500001

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Also at:

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C/o. Kirsloskar Hospital #5-9-47 /4, Near New MLA Quarters, Basheerbagh, Hyderabad - 500063

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Also at: R/o. 10-13-515,535, Reddy & Reddy Colony Tirupathi Urban, Tirupathi, chittoor - 517501

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.... Defendant

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Counsel for the Applicant : lvlr. M. Srinivas Reddy Counsel for the Defendant : Ex-parte fff'ot!\

¶14

oA.NO.245l2026

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::^{qLLEL ::}

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The Applicant^{Bank filed the presentOA for the recovery a total} sum of Rs.^20,27 ,306.60^{ps fromthe sole defendantwith future} interest @ 1890^{p.a' withmonthlyrests from 13 11 2025till the} date of realization^{alongwith costs'}

¶17

Summon^servedon Sole Defendant^{and was set exparte} on 77 .06.2026^{as called} absent and^{no representation.}

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examined^{Ms. Sai Pavan Gudivada, Legal}

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The Applicant^Bank and marked^{7 documentsthrough hlmas}

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Manager, as^AW-1 Ex.A.1to^Ex.A.7.

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Perused the^material

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1. Heard Learned^{Counselfor the Applicant} placed on record.

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The^point that^{arises for considerationis: -}

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Whether the^{Applicant Bank is entitled} for the claim^{madein the OA against} the Defendant?

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As stated supra,^{the Defendant remainedex-parteThe} Evidence Affidavit^{coupledwith the recitalsin the documents} viz., Exs.A.l to^{A.7 markedon behalf of the ApplicantBank} clinches the^{claim of the Applicant Bank againstthe Defendant'} Hence, i^{hold that the Defendant is liableto pay the OA claimto} the Applicant^{Bank with future interestand costs'}

¶26

In the^{result, the present Original Application No'245/2026is} ailowed^{as under: -} OW*t

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oA.NO.24s/2026

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i) The Sole Defendant is liable to pay to the Applicant Bank a Rs. 20,27,306.60 ps with future interest @ 14.50o/o p.a. simple from the date of application till the date of realization;

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ii) the applicant bank is also entitled to proceed against the person and properties of defendant for realization of its dues;

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iii) the applicant bank is entitled for the costs.

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The Applicant Bank is directed to file Cost Memo within 2 weeks from the date of receipt of this Order.

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Issue Recovery Certificate accordingly.

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Communicate a copy of this order to the^parties concerned, (Dictated to the steno, corrected, signed and pronounced by me in the open court on this the 18th Day of June, 2026).

¶34

/t<-'$ (RATTESHWAR KOTHE) PRESIDING OFFICER

Yes Bank Limited v. Mrs. Voodi Sravani

Case brief

What is this about?

What did the court decide?

Yes Bank Limited v. Mrs. Voodi Sravani

Case brief

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What did the court decide?

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