DRAT / DRT
Team BankDRT wishes all its Members a very happy and prosperous Dusherra.
Intensive Half day workshop for MSME Unit owners, business men and others on handling of debts smartly. SMS "Work-Shop" to 9910578612 for details
We are looking for a Jr. Advocate at Chennai and Madurai.
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RECOVERY OF DEBTS DUE TO BANKS &
FINANCIAL INSTITUTIONS ACT, 1993 (AS AMENDED)
Short title, extent, commencement and application
ESTABLISHMENT OF TRIBUNAL AND APPELLATE TRIBUNAL
Establishment of Tribunal
Composition of Tribunal
Qualifications for appointment as Presiding Officer
Term of office
Staff of Tribunal
Establishment of Appellate Tribunal
Composition of Appellate Tribunal
Qualifications for appointment as Presiding Officer of the Appellate Tribunal
Term of office
Staff of Appellate Tribunal
Salary and allowances and other term conditions of Service of Presiding Officers
Filling up of vacancies
Resignation and removal
Orders constituting Tribunal or an Appellate Tribunal to be final and not to invalidate it proceedings
JURISDICTION, POWERS AND AUTHORITY OF TRIBUNALS
Jurisdiction, powers and authority of Tribunals.
Power of Chairperson of Appellate Tribunal.
Bar of Jurisdiction
PROCEDURE OF TRIBUNALS
Application to the Tribunal.
Appeal to the Appellate Tribunal.
Deposit of amount of debt due, on filing appeal
Procedure and powers of the Tribunal and the Appellate Tribunal
Right to legal representation and Presenting Officers
RECOVERY OF DEBT DETERMINED BY TRIBUNAL
Modes of recovery of debts
Validity of certificate and amendment thereof.
Stay of proceedings under certificate and amendment or withdrawal thereof
Other modes of recovery
Application of certain provisions of Income-Tax Act
Appeal against the order of Recovery Officer
Transfer of pending cases
Chairperson, Presiding Officer and Staff of Appellate Tribunal and Tribunal to be public servants
Protection of action taken in good faith
Act to have overriding effect
Power to remove difficulties
Power to make rules
Repeal and saving
Think it over
He who does not get fun and enjoyment out of every day….. needs to reorganize his life.
- George M Adams
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