Received a Notice from DRT
Receiving a notice from the Debt Recovery Tribunal (DRT) can feel overwhelming. For many borrowers and businesses, this notice marks the beginning of a serious legal process where banks or […]
Can I get a stay order against Bank recovery in DRT?
Facing a bank recovery action can be overwhelming—especially when notices, possession threats, or auction proceedings arrive unexpectedly. Many borrowers, guarantors, and business owners often ask: “Can I get a stay […]
Difference Between DRT and DRAT
When it comes to disputes involving banks and financial institutions, especially those related to non-performing assets (NPAs), loan defaults, and debt recovery, two crucial legal forums come into play: the […]
What is Debt Recovery Tribunal (DRT)?
When banks and financial institutions face challenges in recovering loans, especially when they turn into Non-Performing Assets (NPAs), the law provides a specialized forum to speed up the process — […]
Difference Between SARFAESI ACT and DRT Proceedings
When it comes to debt recovery in India, two important legal mechanisms often come into play – the SARFAESI Act, 2002 and the Debt Recovery Tribunals (DRTs). Both were designed […]