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A Debt Recovery Tribunal (DRT) is a specialized judicial body established in many countries to address and resolve matters related to debt recovery. Its primary objective is to facilitate the speedy resolution of disputes between creditors and debtors. DRTs handle cases involving recovery of debts due to banks and financial institutions, typically for loans and advances. These tribunals have quasi-judicial powers and follow a streamlined process for the adjudication and enforcement of debt recovery claims. They provide a platform for creditors to seek legal remedies and take necessary actions for the recovery of outstanding dues, ensuring a fair and efficient resolution process for both parties involved.