![DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086001-federal-bank-taxscan.webp "DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]")
DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]
In a recent case, the Debt Recovery Appellate Tribunal (DRAT) Chennai dismissed the appeal filed against the Federal Bank Ltd, on finding that the...
![DRT not bound by CPC as it has Provision u/s 22 of RDB Act: Madras HC Dismisses Petition against The Central Bank [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2061779-central-bank-taxscan.webp "DRT not bound by CPC as it has Provision u/s 22 of RDB Act: Madras HC Dismisses Petition against The Central Bank [Read Order]")
![Mere Typographical error in demand notice would not invalidate recovery proceedings Initiated by Union Bank of India: DRT [Read Order]](https://images.taxscan.in/h-upload/2025/07/05/250x150_2059368-union-bank-india-taxscan.webp "Mere Typographical error in demand notice would not invalidate recovery proceedings Initiated by Union Bank of India: DRT [Read Order]")
![E-Filing Now Mandatory for Debt Recovery and Appellate Tribunals: Finance Ministry [Read Notification]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053890-e-filing-finance-ministry-taxscan.webp "E-Filing Now Mandatory for Debt Recovery and Appellate Tribunals: Finance Ministry [Read Notification]")
SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]
The Kerala High Court has clarified that the SARFAESI Act, 2002, does not prohibit multiple tenants from filing a consolidated application before the Debts Recovery Tribunal (DRT), even if separate...
![SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053620-joint-application-tenants-lease-agreements-taxscan.webp "SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]")
DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]
The New Delhi bench of the National Company Law Tribunal (NCLT) ruled that the existence of financial debt or the occurrence of default—the two main requirements for admitting a Section 7 petition...
![DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/DRT-NPA-Classification-NCLT-TAXSCAN.jpg "DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]")
Civil Suit for Declaration as Null and Void barred u/s 34 of SARFAESI Act when Bank Account declared as NPA: Allahabad HC [Read Order]
Reinforcing the exclusive jurisdiction of the Debts Recovery Tribunal (DRT) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, the...
![Civil Suit for Declaration as Null and Void barred u/s 34 of SARFAESI Act when Bank Account declared as NPA: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Civil-Suit.jpg "Civil Suit for Declaration as Null and Void barred u/s 34 of SARFAESI Act when Bank Account declared as NPA: Allahabad HC [Read Order]")
CBI Corruption Case: Madras HC Sentences Ex-DRT Officials to 5 Years Rigorous Imprisonment Along with Rs. 27 Lakh Fine [Read Order]
In a Press release, the Madurai Bench of Madras High Court sentenced five accused including then Recovery Officer and then Official of DRT, then Branch Manager of Dhanalakshmi Bank and two others to...
![CBI Corruption Case: Madras HC Sentences Ex-DRT Officials to 5 Years Rigorous Imprisonment Along with Rs. 27 Lakh Fine [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CBI-site-img.jpg "CBI Corruption Case: Madras HC Sentences Ex-DRT Officials to 5 Years Rigorous Imprisonment Along with Rs. 27 Lakh Fine [Read Order]")
![Finance Ministry notifies Relocation of DRT, Jabalpur to New Premises [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/Finance-Ministry-DRT-New-Premises-Jabalpur-to-New-Premises-taxscan.jpg "Finance Ministry notifies Relocation of DRT, Jabalpur to New Premises [Read Notification]")
![Supreme Court & High Courts Weekly Round-up [Jan 25th to Jan 31st, 2025]](https://www.taxscan.in/wp-content/uploads/2025/02/Supreme-Court-High-Courts-Weekly-Round-up-taxscan.jpg "Supreme Court & High Courts Weekly Round-up [Jan 25th to Jan 31st, 2025]")