MINISTRY OF FINANCE

(Department of Financial Services)

NOTIFICATION

New Delhi, the 30th January, 2017

S.O. 298(E).—Whereas, by a notification of the Government of India in the Ministry of Finance number G.S.R. 832(E), dated the 30th November, 1994, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), the Central Government established the Debt Recovery Tribunal at Bengaluru in the State of Karnataka;

And whereas, the Central Government has considered it necessary to establish one more Debts Recovery Tribunal at Bengaluru in the State of Karnataka.

Now, therefore, in exercise of the powers conferred by section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), the Central Government hereby establishes one more Debts Recovery Tribunal at Bengaluru in the State of Karnataka with effect from the 1st day of February, 2017 and consequent thereupon, the existing Debts Recovery Tribunal at Bengaluru will be known as Debts Recovery Tribunal-1, Bengaluru and the newly established Debts Recovery Tribunal will be known as Debts Recovery Tribunal-2, Bengaluru and in supersession of the notification of the Government of India in the Ministry of Finance number G.S.R. 832 (E), dated the 30th November, 1994, hereby specifies the areas of jurisdiction of the Debts Recovery Tribunals at Bengaluru in the State of Karnataka as under, namely:-

TABLE

Sl. No. Name of Debts Recovery
Tribunal
Location Area of Jurisdiction
(1) (2) (3) (4)
1. Debts Recovery Tribunal -1,

Bengaluru.

First Floor, Jeevan Mangal Building, No.4 Residency Road, Bengaluru – 560025 Karnataka North, East and Anekal Talukas in Bangalore Urban, Bagalkot, Bellary, Bidar, Bijapur, Chikballapur, Chikmagalur, Chitradurga, Dakshina Kannada (Mangalore), Davanagere, Dharwad, Haveri, Koppal, Uttara Kannada (Karwar) and Mandya districts in the
State of Karnataka
2. Debts Recovery Tribunal -2,

Bengaluru.

First Floor, Jeevan Mangal Building, No.4 Residency Road, Bengaluru – 560025 Karnataka South Taluka in Bangalore Urban, Bangalore Rural, Belagavi (Belgaum), Chamarajnagar, Gadag, Gulbarga, Hassan, Kodagu, Kolar, Mysore, Ramnagara, Raichur, Shimoga, Tumkur, Udupi and Yadgir districts in the State of Karnataka

[F. No. 1/1/2016-DRT]

ANANDRAO V. PATIL, Jt. Secy.

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