![DRAT Disposes of Appeal Against South Indian Bank, Directs DRT to Expedite Disposal of Securitisation Application [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093451-south-indian-bank-itat-consequential-assessment-order.webp "DRAT Disposes of Appeal Against South Indian Bank, Directs DRT to Expedite Disposal of Securitisation Application [Read Order]")
DRAT Disposes of Appeal Against South Indian Bank, Directs DRT to Expedite Disposal of Securitisation Application [Read Order]
In a recent case, theDebt Recovery Appellate Tribunal (DRAT) Chennai disposed of the appeal filed against South Indian Bank, directing the Debt...
![Delay in Loan Restructuring Proceedings: DRAT directs DRT to decide OA Expeditiously [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093431-dr.webp "Delay in Loan Restructuring Proceedings: DRAT directs DRT to decide OA Expeditiously [Read Order]")
![DRAT disposes of HUDCO appeals citing finality of Recovery Certificate, Directs Recovery Officer to proceed based on Crystallized Debt [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093072-drat-taxscan.webp "DRAT disposes of HUDCO appeals citing finality of Recovery Certificate, Directs Recovery Officer to proceed based on Crystallized Debt [Read Order]")
![DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086001-federal-bank-taxscan.webp "DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]")
![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]")
44 days Delay in filing written Statement relating to 489 Cr Outstanding Public Money: DRAT directs to Pay 50 K to Canara Bank
The Delhi bench of the Debts Recovery Appellate Tribunal(DRAT) directed to pay Rs 50000 to Canara Bank & Ors in the case where the 44 days delay in filing written statement relating to 489 Cr...
DRT Order staying Coercive steps in secured property without leave of Tribunal: DRAT Directs to dispose of Axis Bank’s petition on 18th July
In a recent case, the Kolkata bench of the Debts Recovery Appellate Tribunal (DRAT) directed to disposal of the petition filed by Axis Bank as there was an order by the DRT order staying coercive ...
Mere Typographical error in demand notice would not invalidate recovery proceedings Initiated by Union Bank of India: DRT [Read Order]
The Lucknow bench of the Debts Recovery Tribunal (DRT) has held that mere typographical error in demand notice would not invalidate recovery proceedings initiated by the respondent bank , Union...
![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/2025/07/05/500x300_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]")