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DEBTS RECOVERY APPELLATE TRIBUNALS (DRATs) 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).
1. DEBT RECOVERY APPELLATE TRIBUNAL - DELHI. Starting of Hybrid Hearing Of Cases In DRAT, Delhi DRT's at Delhi. 21/06/2024. no text. size 589kb. 2. DEBT RECOVERY APPELLATE TRIBUNAL - DELHI. Constitution of Internal Complaints Committee for DRAT-Delhi in respect of Sexual Harassment of Women at Workplace.
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.
Nov 30, 2020 · In 1995, the Delhi HC struck down RDDBFI, due to its unconstitutional nature which compromised the independence of judiciary. However, the SC allowed DRTs to function, if amendments are made to the existing Act of RDDBFI.
Introduction. Purpose. Introduction of this e-filing system is aimed at promoting paperless filing, create time & cost saving efficiencies, and provision to file from home locations by adopting technological solution to file cases in DRT/DRAT across the country.
Apr 13, 2023 · The Debt Recovery Appellate Tribunal (DRAT) is a court that hears appeals from the Debt Recovery Tribunal (DRT). The DRT is a lower court that hears cases involving the recovery of debts. The DRAT is located in Delhi, India.
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Nov 7, 2023 · Delhi High Court has overturned a decision by the Debt Recovery Appellate Tribunal (DRAT) that required Religare Finvest Ltd (RFL) to deposit 40% (approximately Rs 116.85 crore) of a Rs 306 crore debt due, along with interest, to pursue its petition.
Enter your case details for DEBT RECOVERY APPELLATE TRIBUNAL - DELHI to check latest ecourts case status, next hearing date in DEBT RECOVERY APPELLATE TRIBUNAL - DELHI, and case orders for your case in DEBT RECOVERY APPELLATE TRIBUNAL - DELHI.
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.
