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drt.gov.in Check Case Status : Debts Recovery Tribunals & Appellate Tribunal

Organisation : Debts Recovery Tribunals & Appellate Tribunal
Facility : Check Case Status
Applicable For : All India
Website : https://drt.gov.in/

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How To Check Case Status?

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4. Select Case Year
5. Click on the View Case Status Button

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About Us :
The Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunal (DRATs) were established under the Recovery of Debts Due to Banks and Financial Institutions Act (RDDBFI Act), 1993 with the specific objective of providing expeditious adjudication and recovery of debts due to Banks and Financial Institution. Presently 38 DRT’s and 5 DRAT’s are functioning in India.

FAQ On Benefits of Debts Recovery Tribunals

Debt Recovery Tribunals (DRTs) are quasi-judicial bodies set up under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act) to provide a speedy and inexpensive mechanism for the recovery of debts due to banks and financial institutions.

The following are some of the benefits of DRTs:
** Speedy disposal of cases: DRTs are required to dispose of cases within 6 months from the date of filing. This is in contrast to the civil courts, where cases can take years to be resolved.
** Simplified procedure: The procedure for filing a case and obtaining a decree is much simpler in DRTs than in civil courts. This is because DRTs are not bound by the same rules and procedures as civil courts.
** Expertise: The presiding officers of DRTs are experienced lawyers and judges who are familiar with the law relating to banking and finance. This ensures that cases are decided on the basis of sound legal principles.
** Cost-effectiveness: The cost of filing a case and obtaining a decree in DRTs is much lower than in civil courts. This is because DRTs do not charge court fees and the cost of litigation is also lower.

1. What are the Debts Recovery Tribunals?
The Debts Recovery Tribunals have been established by the Government of India under an Act of Parliament (Act 51 of 1993) for expeditious adjudication and recovery of debts due to banks and financial institutions.

2. Who can file cases before the DRTs?
Where a bank or financial institution has to recover any debt from any person, it makes an application called Original Application (OA) to the Tribunal against such person.

3. What are the functions and procedure of the DRTs?
The DRTs function under the provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 and as per the Debts Recovery Tribunal (Procedure) Rules, 1993.

4. What is the pecuniary jurisdiction of the DRTs?
The provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 shall not apply where the amount of debt due to bank or financial institution or to a consortium of banks or financial institutions is less than 10 lakhs rupees or such other amount, being not less than 1 lakh rupees, as the Central Government may, by notification, specify.

5. What is the fee for filing an Original Application (OA) before the Tribunal?
The fee payable as per Rule 7 of the Debts Recovery Tribunal (Procedure) Rules, 1993 is Rs.12,000/- where an amount of debt due is Rs.10.00 lakhs, Rs.12,000 plus Rs.1000 for every one lakh of debt due or part thereof in excess of Rs.10.00 lakhs subject to a maximum of Rs.1,50,000/- where an amount of debt due is above Rs.10.00 lakhs.

6. What is the fee for Review Application?
The fee for Review Application is 50% of the fee paid for the OA.
7. What is the fee for Interlocutory Application?
The fee for filing Interlocutory Application (IA) is Rs.250/-.

8. What is the fee for Vakalatnama?
The fee for filing Vakalatnama is Rs.5/-.
9. What is the fee for perusal of documents?
Rs.100/- per case.

10. What is the fee for an appeal against the order of the Recovery Officer?
The fees is Rs.12,000/- if the amount appealed against is less than Rs.10 lakhs, Rs.20,000/- if the amount appealed against is Rs.10 to 30 lakhs, Rs.30,000/- if the amount appealed against is more than 30 lakhs.

Benefits of Debts Recovery Tribunals

Debt Recovery Tribunals (DRTs) are quasi-judicial bodies set up under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act) to provide a speedy and inexpensive mechanism for the recovery of debts due to banks and financial institutions.

The following are some of the benefits of DRTs:
** Speedy disposal of cases: DRTs are required to dispose of cases within 6 months from the date of filing. This is in contrast to the civil courts, where cases can take years to be resolved.
** Simplified procedure: The procedure for filing a case and obtaining a decree is much simpler in DRTs than in civil courts. This is because DRTs are not bound by the same rules and procedures as civil courts.
** Expertise: The presiding officers of DRTs are experienced lawyers and judges who are familiar with the law relating to banking and finance. This ensures that cases are decided on the basis of sound legal principles.
** Cost-effectiveness: The cost of filing a case and obtaining a decree in DRTs is much lower than in civil courts. This is because DRTs do not charge court fees and the cost of litigation is also lower.

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