Tag: Debts Recovery

The Debts Recovery Tribunals have been established by the Government of India under The Recovery of Debts Due to Banks and Financial Institutions Act, an Act of Parliament (Act 51 of 1993) for expeditious adjudication and recovery of debts due to banks and financial institutions. Debts Recovery Tribunal is also the appellate authority for appeals […]

  The setting up of a Debt Recovery Tribunal is dependant upon the volume of cases. Higher the number of cases within a territorial area, more Debt Recovery Tribunal would be set up.Each Debt Recovery Tribunal is presided over by a Presiding Officer. The Presiding Officer is generally a judge of the rank of Dist. […]

  The Debts Recovery Tribunal is also the appellate authority for appeals filed against the proceedings initiated by secured creditors under the Securatizaton and Reconstruction of Financial Assets and Enforcement of Security Interest Act. Address: 6th Floor, Spencer Tower, 770-A, Anna Salai Chennai -600002, Tamil Nadu, INDIA. Phone: +91-44-28498162 Fax: +91-44-28498163 Email: cdrt1@tn.nic.in Website: http://drt1chennai.tn.nic.in/ To view latest causelists of Central […]