Debt Recovery Tribunal

Finance Ministry urges DRTs, banks to expedite loan recovery processes

FinMin calls on DRTs to engage borrowers in smaller cases outside tribunals to alleviate pendency burden

A first: NLMC prepares groundwork for DRT-like bid of assets by September

Asset transfers to the corporation are getting held up due to delay in clearance by states

'Uncertainty over Reliance Industries deal drove FRL lenders to IBC'

Protracted litigation, safeguarding bankers' interest also led to the action

Tribunal sold UB shares worth Rs 5,800 cr in Mallya bank fraud case: ED

The DRT has sold shares worth over Rs 5,800 crore of United Breweries that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against Vijay Mallya

RBI to crack whip on recovery agents, calls for restricting messaging apps

Digital lending apps extend small amounts at exorbitant rates. Payment delays invite messages to customer or close family members, often with sensitive information such as Aadhaar and PAN Card scans

Promoters of loan defaulting companies to soon face crackdown by lenders

With apex court's backing, banks to speed up enforcing personal guarantees

SC judge recuses from hearing Mallya plea against order to pay Rs 3,101 cr

A bench of Justices Nariman and S Ravindra Bhat observed that Mallya has not deposited a single penny to the banks so far.

Karvy Stock Broking gets interim relief from Debt Recovery Tribunal plea

In ICICI Bank's DRT plea, Karvy group's chairman and managing director C Parthasarthy, was also listed as one of the respondents

Debt recovery tribunal sells 3.3 mn shares of United Spirits for Rs 196 cr

Relay BV is a promoter entity of United Spirits

What prevents India's Debt Recovery Tribunals from actually recovering bad debts?

At the end of December 2015, 69, 659 cases were pending with 33 DRTs