The Debt Recovery Tribunals (DRTs) were established for adjudication and recovery of debts due to banks and financial institutions and for hearing applications under the SARFAESI Act.

Proceedings before DRTs frequently involve complex questions of banking law, recovery proceedings, security interests, guarantees, and procedural compliance.

Practice Areas

Representation and advisory services may include:

• Applications under Section 17 of the SARFAESI Act.
• Proceedings initiated by banks and financial institutions.
• Recovery-related disputes.
• Interim applications and stay petitions.
• Issues relating to secured assets and enforcement measures.
• Matters involving borrowers, guarantors and affected third parties.
• Appeals and related proceedings where permitted by law.

Appropriate legal strategy depends upon the facts of each matter and the applicable statutory provisions.