DRT

India’s judicial system is one of the oldest and most respected in the world, but individuals, businesses, and financial institutions often face challenges when dealing with loan defaults and recovery of debts. To address such issues effectively, the Debt Recovery Tribunals (DRTs) were established under the Recovery of Debts and Bankruptcy Act, 1993.

A DRT primarily deals with cases relating to recovery of debts due to banks and financial institutions, enforcement of security interests, mortgage disputes, and other related matters. These tribunals provide a specialized and time-bound mechanism for resolving debt-related cases, thereby reducing the burden on civil courts.

Our firm has extensive experience in handling matters before DRT. We provide comprehensive legal support, including advisory on the strength of claims, drafting and filing Original Applications (OAs) for recovery, defending borrowers against unjust claims, handling proceedings under SARFAESI Act, and representing clients throughout the litigation process. We also assist in settlement negotiations, restructuring of debts, and appeals before the Debt Recovery Appellate Tribunal (DRAT).