The DRT allowed the bank's recovery application after examining affidavit evidence since the defendant appeared ex-parte, ordering payment of dues with future interest.
Defendant ordered to pay Rs. 28,49,156.54 with future interest along with costs; Recovery Certificate issued to the Applicant Bank.
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.
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IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDEMBAD DATED THIS THE 17TH DAY OF MARCH, 2026 PRESENT: SH. MMESHWaR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
. OriginalApptication No: 649 OF 2025 The YES Bank Limited.. OtTice at 1-8-3g7, 2ND Floor, Ag-ravanshiplaza, HUDA Lane, S.P.Road, Secunderabad _ 5ObOO3. 1"p.Oy its Authorized Signatory. .....Applicant
Versus
Mr, MD Naseer, S/o. MD Jani fgeO.9!out33 years, Occ: pvt Emptoyee R/o,. H.No. 17-L-392/2, Srinivasa Colony Hyderabad - 500079.
Also at:R/o. 3-5-86, Kothagudem Bazar Suryapet - 508213.
Also at:-
C/o. Ascedion Engineering pvt. Ltd., Ground Floor, Tower B, Vadodara Gujarat - 390012.
Defendant
Counsel for the Applicant
Mr. M. Srinivas Reddy
Defendants
Ex-pa rte
:: ORDER::
OA.No.649/202!
3
oA.No.649/202s
a
(RAMESHWAR 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?
1 provisions across 1 enactments
The Yes Bank Limited
Mr. MD Naseer
Rameshwar Kothé
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
