DRT (Debt Recovery Tribunal)

We provide comprehensive legal assistance in matters pertaining to the Debt Recovery Tribunals (DRT), which are specialized forums established for the expeditious adjudication and recovery of debts due to banks and financial institutions. Our services encompass representing both creditors and borrowers in proceedings under the Recovery of Debts and Bankruptcy Act (RDB Act), SARFAESI Act, and other related financial laws.

Our expertise includes filing and defending Original Applications (OAs) before the DRT, handling appeals before the Debt Recovery Appellate Tribunal (DRAT), and contesting proceedings initiated by banks under the SARFAESI Act, including possession notices, auctions, and enforcement actions. We assist clients in challenging illegal or excessive recovery actions and seek appropriate relief, including stays and injunctions.

In borrower defense matters, we examine the legality of the loan recovery process, assess procedural irregularities, and protect our clients' rights through proper representation and evidence. For lenders and financial institutions, we ensure diligent preparation of claims, compliance with all legal formalities, and effective recovery strategies that expedite the process and minimize delays.

Our team is well-versed in drafting replies to notices, counterclaims, rejoinders, and interim applications. We also offer support in negotiation, mediation, and settlements outside the tribunal, aiming for efficient resolution. With deep understanding of financial laws, we navigate the complexities of DRT litigation with a focus on protecting client interests and delivering practical legal solutions.