3A/95, Vaishali Ghaziabad, U.P 201010     |     +91-9560522777

DEBT RECOVERY TRIBUNAL (DRT) LAWYER

Specialization as India’s best Debts Recovery Tribunal lawyers & NCLT Lawyers ( NCLT & DRT) and the most experienced Lawyer in Corporate, Banking, Insolvency & Bankruptcy law, rendering professional services to the Public Sector Banks, Multinational Banks, Financial institutions & Individual & NRI clients.


INTRODUCTION :

Debt recovery Tribunal (DRT) is established to facilitate the debt recovery of banks & the financial institutions with their clients. DRT is established after passing the recovery of debts due to Banking & Financial Institutions Act (RDBBFI) ,1993. Presently about 33 DRTs are functioning at various part of country. It generally deals with dispute loans about 10 Lakh Rupees. Recently, in 2014, New 6 more DRTs has been established for loan related dispute settlement.

Appeals against DRTs orders are being heard before Debt Recovery Appellant Tribunals (DRAT).


NEED OF DRT TRIBUNALS LAWYER :

DRT Tribunals are established with a need to handle the cases with lesser time as compared to civil court procedures.


FEATURES & IMPORTANCE OF DRT LAW:

  • Established under RDBBFI Act, 1993.
  • Established to help the banks & financial institutions to recover their debts.
  • Speedy disposal of cases.
  • Central government has provided uniform procedural laws for the proceedings in DRT & DART.
  • After amendment, allows Banks & financial institutions to file cases in DRT having jurisdiction over the area of bank branch.
  • DRT orders can be appealed in the DART.



SPECIALIZATION AS BEST DRT LAWYER IN DELHI:

  • Experienced DRT Lawyer in Delhi.
  • International Educational and Practical Experience in DRT related disputes by using professional skills by making well-designed strategy.
  • LL.M. (corporate) & MBA (Finance) from the prestigious Institutes & Universities such as Delhi University, Symbiosis, United Kingdom & Indian Law Institute (Supreme Court Campus).
  • Several years experienced dealing with DRT cases for banks, financial institutions & individual clients. (Public Sector Banks, Multinational Banks, Financial institutions & Individual & NRI clients).

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