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Debt Recovery provisions under the SARFAESI Act
  • By: admin
  • Date: 12 February 2020
  • Recovery
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As observed, the tribunals were overburdened with thousand's of pending cases, with respect to that the 'Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (SARFAESI Act) was introduced

Procedure In Debt Recovery Tribunal Proceedings

By: admin Recovery 19 April 2019

The step-wise procedure to be followed in DRT Proceedings in all available NPA accounts are as follows: Demand notice by RPAD (Registered Post with Acknowledgement Due) should immediately be served to call upon the borrower or guarantor to ...
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