The Debts Recovery Tribunal at Hyderabad allowed an original application filed by M/s. Yes Bank Ltd. for recovery against two defendants. The defendants were absent. The Court held the bank's claim secured by hypothecated vehicles and issued a recovery certificate.
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 3OTH DAY OF JANUARY, 2026
PRESENT: SH. RAMESHWAR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 481 OF ZO2S
M/s. Yes Bank Ltd. Office at 1-B-387, 2nd Floor, Agravanshi Plaza, Huda Lane, S.P. Road, Secunderabad-sO0OO3. ....Applicant
Versus
Counsel for the Applicant : Mr. M. Srinivas Reddy Defendants : Ex-parteEx-parte
: Ex-parteEx-parte
:: ORDER ::
oA.NO.48u2o2s
Whether the Applicant Bank is entitled for the claim made in the OA against the Defendants and OA hypothecated vehicles?
3
oA.NO.481/2025
@8.25olo p.a. simple from the date of application till the date of realization;
ii) the OA claim is secured by way of hypothecation of vehicles described in the schedule annexed to the OA and the applicant bank is entiued to proceed against the same to realise its debt;
iii) the applicant bank is also entitled to proceed against the person and properties of defendants for realization of its dues;
iv) the applicant bank is entifled for the costs.
ESHWAR KOTHE) PRESIDING OFFICER
I
1 issue framed by the court
Whether the applicant bank is entitled to recover the claimed amount and sell hypothecated vehicles against the defendants?
M/s. Yes Bank Ltd.
Sh. Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
