DRAT Legal Advice - Legalseva.net Free Legal Advice Chandigarh Panchkula Mohali Zirakpur Tue, 04 Aug 2020 10:43:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://legalseva.net/wp-content/uploads/2020/06/cropped-LegalSeva-logo-32x32.jpg DRAT Legal Advice - Legalseva.net 32 32 REDEMPTION DRAT APPEAL https://legalseva.net/redemption-drat-appeal/ Tue, 11 Aug 2020 10:06:21 +0000 https://legalseva.net/?p=5039 When borrowers cannot pay promised interest or principal on time, creditors can initiate steps to recover debt. Bankruptcy laws determine the process by which recovery proceeds. This note describes and discusses some features of the recovery process in India, focusing on debt recovery tribunals (DRTs) and debt recovery appellate tribunals (DRATs). We touch upon the ... Read more

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