DRT - Debt Recovery Tribunal | All About DRT and DRAT in Hindi

DRT - Debt Recovery Tribunal | All About DRT and DRAT in Hindi
Debt Recovery Tribunals were established to facilitate the debt recovery involving banks and other financial institutions with their customers. DRTs were set up after the passing of Recovery of Debts due to Banks and Financial Institutions Act (RDBBFI), 1993. Appeals against orders passed by DRTs lie before Debts Recovery Appellate Tribunal (DRAT). DRTs can take cases from banks for disputed loans above Rs 10 Lakhs. At present, there are 33 DRTs and 5 DRATs functioning at various parts of the country. In 2014, the government has created six new DRTs to speed up loan-related dispute settlement.
Compared to the ordinary court procedures, DRTs were able to handle large number of cases with low delay during the initial phases. Though the DRTs have made impact on recovery front, several issues related to their performance in the background of rising volume of NPAs have appeared in later period. Inadequate infrastructure coupled with insufficient number of DRTs has made them incompetent to handle the rising volume of disputes
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[@learningsessions]

*Download Android App* : tinyurl.com/LSProApp

[@JYOTISHARMA-uw8gk]

very nyc really

[@learningsessions]

Thank you !!

[@rajshukla6076]

Best explanation in whole TH-cam.

[@vishwajeetsaxena9310]

Only law in books n court

[@ankitasaxena5891]

Seriously suchhh a nice explanation 👍

[@AmitRaj-tj8tw]

The recording doesn’t talks about the fees structures applicable for filing application in the DRT & DRAT

[@AmitRaj-tj8tw]

The maximum age of chairperson can be up to 70 years as against 67 years which has been said in this recording.

[@AmitRaj-tj8tw]

Is the DRT Law now applicable in the UTs of J&K, post abrogation of Art 370?

[@NitinkumarSagar]

Very good

[@ankitaprajapati6820]

In book, it is given max age of Prisiding Officer, 62 years.
What is correct, 65 or 62?

[@dhup7952]

किस बुक में

[@dhup7952]

September 2018 age limit has been changed as 65 years

[@pk-yy7ep]

65

[@RahulSoni-sd4sm]

For drt its 65 yrs... and for drat its 70yrs

[@dhup7952]

Age limit for chairperson of DRAT be changed as 70 years

[@hinaverma2309]

Thanks 👍

[@surajhegde8408]

Within 45 days appeal by applicant to DRAT. You said 30 days.

[@romilgupta6742]

Sir who is advocate commissioner in DRT?

[@vishwajeetsaxena9310]

Po hote h

[@arpitaghosh4122]

What is plaint?

[@lakshmisuvarchala720]

If u said wrongs how we need to listen your classes

[@ali_kne4593]

khata

[@hacks1867]

Farts

[@vishwajeetsaxena9310]

Who form ths securitisation act in 1999

[@vishwajeetsaxena9310]

Sab Koch set rehta h bank se le kr drt se le kr supreme court tak

[@vishwajeetsaxena9310]

Who make ths drt drat in India

[@vishwajeetsaxena9310]

Hopeless law in India my case is pending since 2008 still pending thn wats d use of ths foolish law of drt / drat

[@nathu86yadav53]

Bhai aapka mobile number milega kya