New Delhi [India], Feb 1 (ANI): Fugitive liquor baron Vijay Mallya on Friday took to Twitter to complain about how every morning he wakes up to "yet another attachment by the Debt Recovery Tribunal (DRT) officer" and that already Rs 13,000 crore of his assets had been attached, against the R
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.
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
Mumbai (Maharashtra) [India], June 26 (ANI): The Central Bureau of Investigation (CBI) on Monday arrested a Recovery Officer of the Debt Recovery Tribunal (DBT) and his accomplice for demanding a bribe of Rs.7, 00,000.
Bengaluru (Karnataka) [India], Jan. 27 (ANI): The Karnataka High Court on Friday issued bailable warrant against liquor baron Vijay Mallya for violating the undertaking given to the Debt Recovery Tribunal (DRT) which had asked him not to transfer or deal with assets.
New Delhi [India], Jan. 19 (ANI): The Debt Recovery Tribunal (DRT) on Thursday allowed Kingfisher Airlines' consortium of 17 banks to start the proceedings to recover over Rs. 6,000 crore from liquor baron Vijay Mallya.