Debt Recovery Tribunal

Debt Recovery Tribunal Debt Recovery Tribunals were created to facilitate the speedy recovery of debt payable to banks and other financial institutions by their customers. DRTs was set up after the passing of Recovery of Debts due to Banks and…

Debt Recovery Bill, 2016

Debt Recovery Bill, 2016  The Debt Recovery Tribunals (DRT) was primarily set up for the organized and speedy recovery of debts payable to banks and financial institutions. In this article, we review the Debt Recovery Tribunal (DRT), purpose and resultant legislative improvements as well…