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LegalSeva

Service in the interest of Justice

Blog posts : "Banking"

DRT CHANDIGARH PROCEDURE

Debt Recovery Tribunal Chandigarh was made with the purpose of recovering debt from NPA’s declared under RBI Guidelines.

As per obligation dated 06.09.2018, the recurring jurisdiction of DRTs has…

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DEBT RECOVERY UNDER IBC: A SPEEDY REMEDY FOR CREDITORS

Best NCLT Chandigarh Bench lawyers and Advocates

With the enactment of Insolvency and Bankruptcy Code, 2016 (IBC), the process of recovery of a debt owed by a Corporate entity towards any person or entity has become easier and time bound. IBC pr…

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DRT AND TENANCY RIGHTS: WHERE THE DISPUTE LIES?

DRT Chandigarh Advocates, Lawyers & Legal Advisors

Whether a Bank or a financial Institution (NBFC) who has been successful under SARFAESI Act to take over the possession of a secured asset (Immovable Property), once a loan becomes NPA, automatica…

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3 Blog Posts