Debt Recovery Tribunal

The Debt Recovery Tribunal (DRT) is a special tribunal established under the Recovery of Debts and Bankruptcy Act, 1993 to handle cases related to recovery of debts owed to banks and financial institutions.

DRTs provide a faster, specialized, and efficient mechanism for resolving loan disputes, enforcing securities, and recovering outstanding dues.

Key Functions of DRT

DRT deals with financial and debt-related matters, including:

1. Recovery of Loans & Bank Dues

• Cases filed by banks/financial institutions for recovery of debts above ₹20 lakhs

• Proceedings to recover NPAs (Non-Performing Assets)

2. SARFAESI Act Proceedings

DRT is the appellate authority for actions taken under the SARFAESI Act, including:

• Possession of secured assets

• Auction or sale of properties

• Objections to bank recovery actions

3. Secured Asset Enforcement

• Enforcement of mortgages

• Enforcement of hypothecation agreements

• Enforcement of loan securities

4. Borrower vs. Bank Disputes

• Wrongful possession actions

• Illegal auction challenges

• Excessive interest / penalty disputes

• Unfair lending practices

5. Appeals and Review Applications

• Appeals against orders of the Recovery Officer

• Petitions for stay or modification

• Miscellaneous applications in debt recovery cases

Why Choose Us for DRT Matters

1. Expertise in Debt & SARFAESI Litigation

We handle all types of DRT matters — from defending borrowers to representing banks — giving us a balanced and strong understanding of the law.

2. Strong Drafting & Documentation

We prepare legally sound and precise documents, including:

• Securitisation applications (SA)

• Replies & objections

• Stay applications

• Appeals before DRAT

Accurate drafting is crucial in DRT, and we ensure no detail is overlooked.

3. Quick Action for Urgent Matters

DRT cases often involve urgent issues like:

• Property possession

• Bank auctions

• Enforcement actions

We act swiftly to protect client rights and prevent irreversible loss.

4. Negotiation & Settlement Support

We help clients negotiate with banks for:

• OTS (One-Time Settlement)

• Restructuring of loans

• Temporary relief or extensions

Our goal is to secure the most practical and beneficial outcome.

5. Clear Guidance & Transparent Process

We explain each step of the DRT process, provide frequent updates, and maintain complete transparency in strategy and documentation.

6. Experienced Tribunal Representation

Our lawyers regularly appear before DRT and DRAT, ensuring:

• Effective arguments

• Proper procedural compliance

• Strategic case presentation