DRAT / DRT
Looking to buy assets at Bank auctions? Seek expert due-diligence report before participating in a auction.
WhatsApp us on:
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
It is better to have enough ideas for some of them to be wrong than to be always right by having no ideas at all.
Enter your email address
Tweets by @BankDRT
Do you have a query?
Ask us now !!!
NPA is not the end of the World-it's just a pause! For Help Click here
Go To FAQs on DRT, DRAT, Debt Resolution.
© BankDRT Informatic Services