The top court directed court receiver senior advocate R Venkatramani, who has been appointed custodian of properties of Amrapali Group, to ...

The National Company Law Tribunal (NCLT) has ordered corporate insolvency resolution process for IDEB Projects.

DRT, which dealt with debt-recovery cases involving banks, financial institutions and their customers, was non-functional for over a month.

Bankers had filed the IA seeking lifting of corporate veil to pierce the protection against personal liablity enjoyed by individuals contro...

Dutch beer major Heineken had filed an application before the Debt Recovery Tribunal, seeking to be impleaded in the case to enjoy Right of...

For former ‘king of good times’ Vijay Mallya, it is literally pay back time. The debt recovery tribunal has barred him from withdrawing $75...

The new rules, through which the RBI is trying to align NBFC regulations with those of banks, are also likely to dent the profitability of ...

"The Finance Ministry is working on draft Bill on wilful defaulters with penal provisions and it is making efforts to table it in the Winte...

A panel has been constituted by Department of Financial Services for suggesting changes in the existing laws to make debt recovery more eff...

Conceived as saviours to banks, these tribunals have been bogged down by inadequate infrastructure and red tape, with cases taking years, a...

Conceived as saviours to banks, these tribunals feel the pinch of inadequate infrastructure & funds, staff shortage and red tape

DRTs, an important mechanism for loan recovery by banks, are foundering amid charges of lack of professionalism and shortage of staff as ba...