Answer / baji shaik

The Debts Recovery Tribunals have been established by the
Government of India under an Act of Parliament (Act 51 of
1993) for expeditious adjudication and recovery of debts
due to banks and financial institutions.

Debts Recovery Tribunal is the appellate authority for
appeals filed against the proceedings initiated by secured
creditors under Sub-Section (4) of Section 13 of the
Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act 2002.

Answer / s balasubramanian

Govt. of India formed DRT (Debt Recovery Tribunal) to speed
up the recovery in the case of Non-performing assets of
Banks, Financial Institutions etc.

It took much time to clear the cases by Court earlier. As
the NPA stake of Banks/FIs went up sharply without any
resolution, DRT was formed to deal with such cases. They
will issue Recovery Certificate once the case is disposed.

Answer / kanika

kind of court which hear cases only realted to debt(loans)
recovery.

What Is Alternative Minimum Tax (amt)?

0 Answers   Ernst Young,

---

When rbi was established?

0 Answers  

---

HOW TO APLLY FOR ADVANCE LICENCE FOR IMPORTS

0 Answers   Thomson,

---

What do you understand by subsidy?

0 Answers   RBI,

---

What is the current value of Rupee against USD or EURO

0 Answers  

---

What Should I Do If A Creditor Demands Payment Of A Debt After I File My Case?

0 Answers  

---

What are the different types of 'Fixed Deposits'?

0 Answers  

---

Explain what is cash equity?

0 Answers  

---

What propositions should be kept in mind while working with debtors turnover ratio?

0 Answers  

---

What does 'call' in marketing mean?

0 Answers   Bank of Baroda,

---

Recently what award has been given to SBI?

0 Answers   State Bank Of India SBI,

---

DOW stock exchange belongs to which country?

0 Answers  

---