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DRT Proceedings Lawyer in Delhi

Expert legal representation before Debt Recovery Tribunal (DRT)

100+
DRT Cases
₹500Cr+
Claim Value
85%
Success Rate
15+
Years Experience

Debt Recovery Tribunal (DRT) Services

Specialized forum for banks and financial institutions' debt recovery

Debt Recovery Tribunal (DRT) handles recovery applications by banks and financial institutions for debts above ₹20 lakhs. Our lawyers represent banks, NBFCs, and borrowers in DRT proceedings including original applications (OA) and appeals before DRAT.

DRT Cases We Handle

🏦

Original Application (OA)

Recovery application by banks/NBFCs

⚖️

Interim Application (IA)

Interim relief, stay orders

📋

SARFAESI Matters

Challenge to Section 13(2) notice

🔄

Appeal to DRAT

Appeal against DRT order

🏠

Securitization Appeals

Under Section 17 of SARFAESI Act

💰

Recovery Certificate

Execution of recovery certificate

Important Information

💰 Minimum Claim

₹20 lakhs and above for DRT jurisdiction

⚡ Limitation Period

3 years from date of default/NPA declaration

🏛️ DRT Delhi Location

DRT - Delhi at Karkardooma Courts Complex

⚖️ DRAT Delhi Location

Debt Recovery Appellate Tribunal at Karkardooma

DRT Proceedings Process

1

NPA Declaration

Bank declares NPA

2

SARFAESI Notice

Section 13(2) demand notice

3

File OA

Original Application before DRT

4

Reply by Borrower

Written statement

5

Evidence & Arguments

Hearings before DRT

6

Recovery Certificate

Final order

Documents Required

Loan Agreement / Sanction Letter
Account Statement (ledger)
Demand Notice under SARFAESI
Loan recall notice
List of securities/assets
Borrower's identity & address proof

Frequently Asked Questions

What is DRT?

Debt Recovery Tribunal - specialized court for banks & financial institutions' debt recovery above ₹20L.

Who can file before DRT?

Banks, financial institutions, and borrowers (for certain challenges).

What is SARFAESI Act?

Allows banks to enforce security interest without court intervention for NPAs.

What is limitation period for DRT?

3 years from date of NPA or cause of action.

Can borrower file before DRT?

Yes, under Section 17 of SARFAESI Act or for certain reliefs.

What are DRT legal fees?

Based on claim amount. Free consultation available.

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