At The Delhi Legal, we specialize in providing comprehensive legal assistance for matters before the Debt Recovery Tribunal (DRT). Our experienced team of drt lawyers in delhi ensures effective resolution of debt-related disputes, protecting the interests of both financial institutions and borrowers.

What is the Debt Recovery Tribunal (DRT)?

The DRT was established under the Recovery of Debts and Bankruptcy Act (RDBA), 1993, to facilitate the speedy recovery of debts owed to banks and financial institutions. It has jurisdiction over cases involving debt amounts of ₹20 lakhs or more. This tribunal provides a focused platform for resolving debt-related disputes efficiently.

Our Expertise in DRT Matters

Banking and Financial Disputes

We represent banks and financial institutions in recovery proceedings and defend borrowers against actions initiated under the SARFAESI Act, 2002, or RDBA. By analyzing each case thoroughly, we ensure that clients receive practical and strategic solutions.

SARFAESI Act Proceedings

Our team files applications to challenge measures such as possession, sale of secured assets, and auction notices. Additionally, we advise clients on complying with the SARFAESI Act’s procedural requirements to prevent complications.

Debt Recovery Applications

We assist creditors in filing recovery applications for both secured and unsecured debts. Moreover, our experts represent clients in cases involving non-performing assets (NPAs) to achieve favorable outcomes.

Appeals Before DRAT

For appeals before the Debt Recovery Appellate Tribunal (DRAT), we handle filing and defense while also seeking stays on recovery actions during the appeal process. This ensures that clients’ rights are protected at every stage.

Additional Services in DRT Matters

One-Time Settlements (OTS)
We negotiate settlements between creditors and borrowers to resolve disputes amicably. Additionally, we draft and execute settlement agreements to formalize the resolution.

Asset Reconstruction
Our team advises asset reconstruction companies (ARCs) on acquiring and managing distressed assets and represents them in DRT proceedings.

Corporate and Personal Guarantors
We represent guarantors in disputes arising from loan defaults and challenge enforcement actions against collateral or pledged assets.

Restructuring and Resolution Plans
We guide borrowers on restructuring loans to avoid recovery proceedings and provide legal support for implementing resolution plans for stressed assets.

Enforcement of Security Interests
Our experts assist financial institutions in enforcing security interests through legal processes and represent clients in matters involving attachment and auction of properties.

Defending Against Recovery Notices
We file objections to recovery notices and actions taken by lenders. Furthermore, we protect clients’ rights against coercive recovery tactics effectively.

Our Approach

Strategic Case Evaluation
We analyze the legal, financial, and procedural aspects of each case. Consequently, we develop strategies to maximize recovery or minimize liability.

Efficient Drafting and Filing
Our team prepares and files applications, counterclaims, and replies with precision while ensuring full compliance with DRT and DRAT procedures.

Strong Advocacy
During hearings, we present compelling arguments to safeguard clients’ interests. Moreover, our experience ensures that cases are handled professionally and effectively.

Alternative Dispute Resolution (ADR)
We explore ADR mechanisms such as negotiation, mediation, or arbitration to resolve disputes. As a result, clients benefit from faster and cost-effective solutions.

Why Choose The Delhi Legal?

• Expert Knowledge: Specialized expertise in banking and financial laws, including RDBA and SARFAESI.

• Tailored Solutions: Personalized strategies to meet the unique needs of each client.

• End-to-End Support: Comprehensive legal assistance from case initiation to final resolution.

• Proven Success: A track record of favorable outcomes in high-stakes DRT cases.

For professional guidance in debt recovery matters, contact our drt lawyers in delhi at The Delhi Legal. We are committed to delivering exceptional legal services, safeguarding your rights, and achieving efficient resolutions in all DRT cases.