Search For "debts recovery tribunal"
Vacancies in tribunals: SC asks high courts to hear pleas filed before DRT
Updated : 4 years, 7 months ago IST
New Delhi [India], December 16 (ANI): The Supreme Court on Thursday asked the high courts to hear pleas that are filed before Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) till the issue regarding non-appointment of members is resolved.
Read More
ED transfers Rs 9,371.17 cr assets seized in Mallya, Nirav, Choksi cases t
Updated : 5 years, 1 month ago IST
New Delhi [India], June 23 (ANI): The Enforcement Directorate (ED) on Wednesday transferred seized assets worth Rs 9,371.17 crore in the cases related to Vijay Mallya, Nirav Modi, and Mehul Choksi, to Public Sector Banks (PSBs) and Central Government.
Read More
6 new DRTs have been set up, tweets Finance Ministry
Updated : 7 years, 7 months ago IST
New Delhi (India), Dec 18 (ANI): Union Ministry of Finance on Tuesday said that six new debt recovery tribunals (DRTs) have been set up in the country and the minimum pecuniary limit for filing of cases in the tribunal has been increased to Rs 20 lakh.
Read More
Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 10 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
Read More