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Code of Conduct Guidelines For Debt Recovery Agents

Fema / RBI : Learn the core underpinnings of the Code of Conduct for Debt Recovery Agents, prescribed by the Reserve Bank of India and Bank/Fin...

February 14, 2023 20919 Views 0 comment Print

Legal Mends & Loan Repayments: Repercussions of Debt Recovery Tribunals In India

Corporate Law : This paper mainly discusses the scenario in the current legal system with respect to loan repayments and the laws related to them....

July 11, 2022 2436 Views 0 comment Print


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No provision to re-seal property already auctioned by nationalized banks

Finance : There is no mention of the term re-sealing of property in SARFAESI Act, 2022 and the Recovery of Debts and Bankruptcy (RDB) Act, 1...

August 8, 2022 609 Views 0 comment Print


Latest Notifications


DRTs & DRATs – e-filing of pleadings by applicants is mandatory

Corporate Law : Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023 – The e-filing of ...

January 31, 2023 1440 Views 0 comment Print

Govt changes Jurisdiction of certain Debts Recovery Tribunals

Corporate Law : MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 10th September, 2021 S.O. 4145(E).—In exercis...

September 10, 2021 3819 Views 0 comment Print

Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2021

Finance : (1) These rules may be called the Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Ru...

July 22, 2021 1047 Views 0 comment Print

Change in Location of Debts Recovery Appellate Tribunal, Chennai

Finance : Central Government hereby notifies the following change in the location of Debts Recovery Appellate Tribunal, Chennai with effect ...

July 14, 2021 492 Views 0 comment Print

Govt establishes Debts Recovery Tribunal at Siliguri WEF 16.03.2017

Company Law : Central Government hereby notifies the establishment of the Debts Recovery Tribunal at Siliguri with effect from the 16th day of M...

March 15, 2017 4212 Views 0 comment Print


Latest Posts in debts recovery tribunal

Delhi HC directs DRAT Chairperson to decide Waiver Application for Securitization Deposit

February 28, 2024 171 Views 0 comment Print

Delhi High Court orders DRAT Chairperson to decide on a waiver for the 25% deposit in a securitization case, providing relief to Chaudhary Ventures Pvt. Ltd.

Frequent Vacancy In DRTs, Practical Solution Needed: Delhi High Court

April 22, 2023 921 Views 0 comment Print

Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the earliest.

Code of Conduct Guidelines For Debt Recovery Agents

February 14, 2023 20919 Views 0 comment Print

Learn the core underpinnings of the Code of Conduct for Debt Recovery Agents, prescribed by the Reserve Bank of India and Bank/Financial company policies. Understand the Purpose, Philosophy and Spirit to be followed by agents at all times. Be professional and act within laws and regulations.

SC ruling on whether deficiency in service to lead to compensation under Consumer Protection Laws

February 8, 2023 4644 Views 0 comment Print

Whether improper hair cut & consequent humiliation/embarrassment is deficiency in service for compensation under Consumer Protection Laws

DRTs & DRATs – e-filing of pleadings by applicants is mandatory

January 31, 2023 1440 Views 0 comment Print

Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023 – The e-filing of pleadings with Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) by applicants is mandatory and any other form of filing shall not be taken on record. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, […]

Property mortgaged in favour of bank after attachment by Income Tax Authorities- HC directs parties to file appeal before DRT

January 4, 2023 2847 Views 0 comment Print

Maa Kalika Bhandar and Others Vs Collector and District Magistrate (Orissa High Court) Property was mortgaged in favour of the Bank on 28.06.2016 whereas the Income Tax Authorities had attached the same on 31.12.2015. Hence, the mortgaged transaction in favour of the Bank is void. Main argument stressed is that the properties in both the […]

HC directs govt to appoint presiding officer in DRT to ensure speedy justice

January 2, 2023 1398 Views 0 comment Print

Nipun Praveen Singhvi Vs Union of India (Gujarat High Court) Ministry of Personnel, Public Grievances and Pensions, Department of Personnel and Training Secretariat of the Appointments Committee of the Cabinet issued a notification dated 20.2.2022, whereby decision in respect of appointments approved by the Committee of Cabinet for filling up the posts of Presiding Officers […]

Discretion vested with Judicial Forum must be exercised lawfully in a Judicious manner

September 28, 2022 1674 Views 0 comment Print

Ganpat Pannalal Vs State Bank of India (Madhya Pradesh High Court) Conclusion: In the said case, the Hon’ble High Court while remanding the case to the Tribunal observed that the Tribunal under Section 22(1)(g) of the Recovery of Debts and Bankruptcy Act, 1993 was competent to restore the Securitization Application by imposition of reasonable cost […]

No provision to re-seal property already auctioned by nationalized banks

August 8, 2022 609 Views 0 comment Print

There is no mention of the term re-sealing of property in SARFAESI Act, 2022 and the Recovery of Debts and Bankruptcy (RDB) Act, 1993

Legal Mends & Loan Repayments: Repercussions of Debt Recovery Tribunals In India

July 11, 2022 2436 Views 0 comment Print

This paper mainly discusses the scenario in the current legal system with respect to loan repayments and the laws related to them. The foundation of the debt recovery tribunals was only to ease the prompt recovery of debt payable back to Indian banks and finance house or to recover the Non- Performing Assets (NPA)

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