4 March 2024

Search Results for Tag : DRT


Bombay High Court Directs Finance Ministry to Provide Proper Infrastructure for DRT/DRAT(21.08.2015)

Bombay High Court has directed Finance Ministry to consider providing proper infrastructure and space to Debt Recovery Tribunal (DRT) and Debt Recover.....

Tags : Bombay High Court,Debt Recovery Tribunal (DRT) , Debt Recovery Appellate Tribunal (DRAT)


Bombay HC Orders MbPT to Provide Space to DRT and DRAT(06.11.2015)

Bombay High Court has ordered Mumbai Port Trust (MbPT) to provide space to Debt Recovery Tribunal (DRT) and Debt Recovery Appellate Tribunal (DRAT) .....

Tags : Bombay High Court, Mumbai Port Trust , DRT , DRAT


Bombay High Court to Finance Ministry: Resolve Space Issue of DRT and DRAT At the Earliest(28.01.2016)

Bombay High Court has warned Finance Ministry to resolve space and other issues faced in operation of Debt Recovery Tribunals (DRT) and Debt Recovery .....

Tags : Bombay High Court, DRT, DRAT


Supreme Court: Auction purchaser Entitled to Challenge Action of Secured Creditor Before DRT(29.11.2017)

Supreme Court has held that an action of secured creditor in forfeiting the deposit made by auction purchaser is a part of the measures taken by secur.....

Tags : Supreme Court, DRT



Auction purchaser can challenge the action of forfeiting it’s deposit by secured creditor before DRT(27.11.2017)

The present appeal is filed against the final judgment passed by the Delhi High Court whereby the Division Bench of the High Court had dismissed the a.....

Tags : Alternative Remedy, SARFAESI Act, DRT


DRT Directs Nirav, Aides to Pay More Than Rs 7,200 Cr to PNB and Others(08.07.2019)

Debt Recovery Tribunal (DRT) Pune has directed the fugitive diamond merchant and his aides to pay over Rs 7,200 crore with interest to the Punjab Nati.....

Tags : DRT, Nirav


Kerala High Court: Only DRTs Can Adjudicate Debt Disputes of More than Rs10 lakh(29.07.2019)

Kerala High Court has held that adjudication of debt disputes involving more than Rs 10 lakh can only be done by the Debt Recovery Tribunal (DRT) unde.....

Tags : Kerala High Court, DRT


Madras HC Passes Interim Order Allowing Advocates to Apply to Post of DRT Presiding Officer(04.08.2020)

Madras High Court has permitted lawyers to apply for the post of Presiding Officer of the Debt Recovery Tribunal, as notified vacant by the Central Go.....

Tags : Madras High Court, Advocates to Apply to Post of DRT Presiding Officer


SC: Disputes to be Adjudicated by DRT are Non-Arbitrable(15.12.2020)

Supreme Court has observed that the disputes which are to be adjudicated by the Debt Recovery Tribunal [DRT] under the Recovery of Debts [and Bankrupt.....

Tags : Supreme Court, Disputes to be Adjudicated by DRT


Delhi High Court Orders Stay on DRT Proceedings Against Yes Bank Over Dish TV shares(27.12.2021)

Delhi High Court has ordered a stay on proceedings against Yes Bank by the Debt Recovery Tribunal, Jaipur (DRT) in a petition filed by Essel Group aff.....

Tags : Delhi High Court, DRT Proceedings Against Yes Bank Over Dish TV shares


Gujarat HC Disposes of PIL Seeking Direction for Filling Up Posts of DRT-I Presiding Officer(04.02.2022)

Gujarat High Court has disposed of a Public Interest Litigation (PIL) plea seeking a direction for filling up posts of Presiding Officer in the Debt R.....

Tags : Gujarat High Court, Posts of DRT-I Presiding Officer


Bombay HC: DRT Not Empowered to Restrain Debtor’s Right to Travel Abroad(09.06.2022)

Bombay High Court has held that Debt Recovery Tribunal (DRT) cannot restrain a debtor from travelling abroad since there is no specific or implied pro.....

Tags : Bombay High Court, DRT, Right to Travel


Gujarat HC Directs Expeditious Appointment of Presiding Officer at DRT Ahmedabad(29.06.2022)

Gujarat High Court while affirming that the right to speedy justice is enshrined under Article 21 of the Constitution has issued a writ of mandamus di.....

Tags : Gujarat High Court, Appointment, DRT


DRT is also a civil court and its order would operate as res judicata(11.07.2022)

Present civil revision under Section 115 of the Code of Civil Procedure, 1908 ("CPC") has been filed by the applicants challenging the order passed by.....

Tags : Principles, Res judicata, DRT


SC: Civil Court Can Try Suit Filed by Borrower Against Bank, But Has No Power to Transfer it to DRT(11.11.2022)

Supreme Court while observing that Civil Court has jurisdiction to try a suit filed by a borrower against a Bank or Financial Institution has held tha.....

Tags : Supreme Court, DRT, Civil Court


Ker. HC Stays Centre's Notification Transferring DRT Applications Above Rs 100 Crores to DRT Chennai(05.12.2022)

Kerala High Court has stayed operation of notification issued by Ministry of Finance, dated October 4, 2022, to extent it transfers jurisdiction of al.....

Tags : Kerala High Court, DRT, Transfer


SC Affirms Centre’s Notification Making E-Filing Mandatory in DRTs & DRATs(30.03.2023)

Supreme Court while affirming notification of the Ministry of Finance which makes e-filing mandatory in DRTs and DRATs, has observed that e-filing not.....

Tags : Supreme Court, E-Filing, Mandatory, DRT, DRAT