The Debts Recovery Tribunal, Hyderabad allowed Original Application No. 379 of 2026 filed by Yes Bank Limited against Karthik Namani. The defendant remained absent. The Tribunal held the defendant liable and directed payment of the claimed dues with interest and costs.
Directed defendant to pay Rs.25,23,651.86 with future interest at 11.25% p.a. simple and 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 29TH DAY OF JULY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.COM., L.LB.(HONS.), M.A, PRESIDING OFFICER
Original Application No: 379 OF 2026
YES Ba nk Llmited., No. 1-8-387, HUDA Lane, Agravanshi Plaza 2nd Floor, S P Road, Secunderabad-soooo3. Rep. by its Authorlsed Signatory.
.....Applicant
Versus
Karthik Namani, S/o. VenkataNarayana Aged Major, Occ: Pvt. Service H.No.1-9-312l2 and 2lA, Flat No. G1 D Block, vaidehi Nivas Adikmpet,Golden Palms Musheerabad, Hyderabad Telangana - 500044.
Also at:Karthik Namani Level 6 Attia Block, InternationalTech Park Plot No. 17, Software Unitslayout, Madhapur Hyderabad, Telanga na - 500081.
......Defendant
Counsel for the Applicant: M/s.LotusLaw Associates Defendants : Ex-Pa rte
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OA,No.379/2026
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendant?
OA.No.379/2026
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 Defendant?
Yes Bank Limited
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
