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DEBT RECOVERY APPELLATE TRIBUNAL - DELHI. Minutes of Meeting dated 03.09.2024 of the Committee to conduct Audit of existing Rules and Measures: (i) To make Recommendations regarding Security and Disaster Management of Delhi High Court and all the district Courts; (ii) To propose draft Rules; 09/09/2024. no text.
View the daily order of the Debts Recovery Tribunal, Delhi, in PDF format. Find out the status of your case and the date of hearing.
DEBTS RECOVERY TRIBUNAL PUNE. Unit no 307 to 310 3rd floor,kakade Biz Icon Building, Shivaji Nagar , Pune - 411005. RO Causelist For 05/03/2024. Ld. RO COURT - 1 AT 11:00 A.M. TO 13:30 P.M. All parties/ advocates can join the proceedings for physical hearing.
Jul 18, 2022 · The Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) were established under the Recovery of Debts and Bankruptcy Act (RDB Act), 1993 with the specific objective of providing expeditious adjudication and recovery of debts due to Banks and Financial Institutions.
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Nov 1, 2023 · The Debt Recovery Tribunal (DRT) system in India was introduced as a response to the growing issue of Non-performing Assets (NPAs) and the need for a dedicated mechanism to resolve disputes related to debt recovery.
Debt Recovery Tribunal is a quasi-judicial body formed under the Recovery of Debts Due to Banks and Financial Institutions (RDDBFI) Act, 1993 to facilitate recovery of loans by banks and financial institutions to the customers. Orders of the Debt Recovery Tribunal are appealable before the Debts Recovery Appellate Tribunal.
Nov 10, 2017 · After adjudication, DRT-II, Chennai, vide order dated 29.06.2017 made in I.A.No.398 of 2016 in O.A.No.416 of 2016, partly allowed I.A.No.398 of 2016, directing the respondents 2 to 6 therein not to leave the country without prior permission of the tribunal.
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.
Apr 10, 2020 · DRTs are empowered to go beyond the Civil Procedure Code and pass comprehensive orders. It can hear cross-suits, counterclaims and allow set-offs. DRTs were empowered to adjudicate claims equal to or greater than ten lakh rupees. This limit was raised to twenty lakh rupees in 2018.
