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Debt recovery tribunal in India Professional

2 years ago Services Delhi   23 views

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Location: Delhi
Price: -- ₹

To make it simpler for banks and other financial institutions to collect debts from their clients, debt recovery tribunal in India were established. For different debt collection agencies, this might not be helpful. DRTs were established following the 1993 enactment of the Recovery of Debts Due to Banks and Financial Institutions Act (RDBBFI). Instances of DRT orders are appealed to the Debts Recovery Appellate Tribunal (DRAT).