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Ans: Yes, it is mandatory to file all cases in DRT through Online mode, in pursuance to Gazette notification No.G.S.R. 79(E) dated 31.01.2023 issued by Department of Financial Services.
The Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) provides speedy redressal to lenders and borrowers through filing of Original Applications (OAs) in Debts Recovery Tribunals (DRTs) and appeals in Debts Recovery Appellate Tribunals (DRATs).
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In case of any omission or discrepancy, information in the original records will be final and binding. The information on this site does not constitute advice and should not be relied upon in making (or refraining from making) any decision.
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The Debt Recovery Appellate Tribunal at Chennai was established by Government of India vide Gazette notification issued by the Ministry of Finance on 17th February, 2000 to hear and adjudicate on appeals preferred against the judicial orders passed by the Presiding Officers of various Debt Recovery Tribunals functioning in the Southern region ...
The Debts Recovery Tribunals have been established by the Government of India under an Act of Parliament (Act 51 of 1993) for expeditious adjudication and recovery of debts due to banks and financial institutions.
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