This order allows the Debts Recovery Tribunal-II application filed by Yes Bank Ltd. for recovery of Rs. 22,48,403.48 plus interest and costs against the sole defaulting defendant, who attended ex-parte.
Defendant directed to pay Rs. 22,48,403.48 with future interest; proceeds against properties allowed; costs awarded.
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 3RD DAY OF JULY, 2026
PRESENT: SH. RAMESHWAR KoTHE, B.Com. L,LB. (Hons.), M.A. PRESIDING OFFICER
ORIGINAL APPLICATION No: 610 OF 2025
M/S. YES BANK LTD., 2nd Floor, H. No.1-8-387, Agravanshi Plaza, HUDA Lane, S.P. Road, Secunderabad - 500003 Rep. By its Authorised Signatory
.......Applica nt
Versus
lvlr. l4ekala Syamprakash Reddy, s/o. tvtr. Mekala venkata Rami Reddy, Plot No.57lP, Vikas Nagar, Bandlagudaigir, Near Sai Baba Temple, Rajendra Nagar, K.V. Rangareddy, H ydera bad- 5 0 O 086.
ALSO AT:
Mr. Mekala Syamprakash Reddy, C/o. Pepsico Global Business Services India LLP, 14th Floor, Tower 2, Sy.No.107, Laxmi Infobanh, cAR, Kokapet, Hydera bad-500075.
PERMANENT ADDRESS:
Flr. Mekala Syam Prasad Reddy, Nehru Nagar V, Sivagularamp., Gospadu M, Kurnool D., Adoni, Andhra Pradesh-518593
Defen da nt
Counsel for the Applicant
Counsel for the Defendant
: Mr. N. B. Sudarshan : Ex-oarteCw"
OA.No.610/202s
:: ORDER::
Whetherthe AppticantBank is entitled for theclaim madein the OA against the Defendant?
OA.No.610/2025
iii) the applicant bank is entitled for the costs.
#dm, PRESIDING OFFICER
1 issue framed by the court
Whether the applicant Bank is entitled to the claim made in the Original Application against the Defendant?
M/s. Yes Bank Ltd.
Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
