💼 Tribunal
DRT / DRAT — Debt Recovery Tribunal
Bank Recovery, SARFAESI Applications and Debt Dispute Resolution before DRT and DRAT
📍 DRT Jaipur: Handles matters from Rajasthan including Kota
📖 Governing Acts: Recovery of Debts Act 1993, SARFAESI Act 2002
📖 Governing Acts: Recovery of Debts Act 1993, SARFAESI Act 2002
About DRT & DRAT
The Debt Recovery Tribunal (DRT) was established under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. It handles recovery applications by banks for debts exceeding ₹20 lakhs. The DRAT (Debt Recovery Appellate Tribunal) hears appeals against DRT orders.
Matters Handled
- Original Applications (OA) — by banks for debt recovery
- SARFAESI Proceedings — securitisation, asset reconstruction, enforcement of security
- Section 17 Applications — challenging bank’s SARFAESI action
- Counter-claims by Borrowers
- Appeals to DRAT
- Interim stays — against auction/possession
Services by Advocate Prakhar Gupta
- Representing borrowers challenging SARFAESI notices (Section 17 DRT applications)
- Obtaining stay on bank auctions
- Defending banks in OA proceedings
- One-Time Settlement (OTS) negotiations
- Appeals to DRAT and High Court
📅 Consultation: Call +91 79764 13230 — Urgency handled same day