Debt Recovery Litigation

Debt Recovery Litigation
Keeping in line with the international trends on helping financial institutions recover their bad debt quickly and efficiently, the Government of India has constituted thirty three Debt Recovery Tribunal and five Debt Recovery Appellate Tribunal across the country.After the enactment of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests Act (SRFAESI Act or SRFAESIA for short) borrowers could become first applicants before the Debt Recovery Tribunal. Earlier only lenders could be the applicants.

Our lawyers appear in DRT and DRAT regularly representing both side such as Banks and Borrowers.

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