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DRT CASES
Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategy- Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land back
- IBBI issues new guidelines to speed up appointment of insolvency professionals
- Bombay HC quashes FIR against Sashidhar Jagdishan, calls it ‘abuse of criminal process’The Bombay High Court has quashed a police complaint against HDFC Bank MD Sashidhar Jagdishan. The court found the FIR to be a counterblast...06 May, 2026, 05.13 PM IST
- Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HCThe Bombay High Court has strongly condemned loan defaulters and guarantors for exploiting the Insolvency and Bankruptcy Code. This practic...19 Mar, 2026, 05.39 PM IST
- Home loan default case: Why acting within 45 days can stop a bank auctionBanks can auction homes for home loan defaults. Borrowers facing this can approach the Debt Recovery Tribunal within 45 days of the bank's ...17 Mar, 2026, 02.51 PM IST
- Govt forms exclusive benches at three DRTs to resolve cases above Rs 100 croreThe fresh push by the government comes even as bankruptcy cases in the National Company Law Tribunal (NCLT) are languishing due to delays. ...18 Oct, 2022, 06.39 AM IST
- Debt Recovery Tribunal stops DHFL from making paymentsMove comes a day after Bombay HC told DHFL to pay banks, NBFCS with securitisation deals15 Nov, 2019, 07.35 AM IST
- Finance Ministry moves to declutter DRTs to ease debt recoveryThe pecuniary limit was raised last week following amendment in the rules of Recovery of Debts due to Banks and Financial Institutions Act,...11 Sep, 2018, 11.19 PM IST
- HC disallows parallel proceedings in NCLT and debt recovery tribunalSome months ago, SBI moved DRT against the company and its individual guarantors.11 Sep, 2017, 10.37 AM IST
- High Court disallows parallel proceedings in NCLT and DRTThe petitioners including Sanjeev Shriya, a director of the company, and Deepak Singhania, chairman and director, were the guarantors for t...11 Sep, 2017, 10.28 AM IST
- Debt Recovery Tribunal to pronounce verdict in Vijay Mallya case tomorrowDRT had on July 16 allowed another IA of the bankers for lifting of corporate veil to pierce protection against personal liability enjoyed ...18 Jan, 2017, 04.31 PM IST
- DRT allows bankers' plea on lifting of corporate veil, passes two other ordersBankers had filed the IA seeking lifting of corporate veil to pierce the protection against personal liablity enjoyed by individuals contro...16 Jul, 2016, 10.06 PM IST
- DRT to pass orders on interlocutory applications in Vijay Mallya case tomorrowDutch beer major Heineken had filed an application before the Debt Recovery Tribunal, seeking to be impleaded in the case to enjoy Right of...15 Jul, 2016, 08.16 PM IST
- Debt Recovery Tribunals in dire straitsConceived as saviours to banks, these tribunals feel the pinch of inadequate infrastructure & funds, staff shortage and red tape09 Jun, 2014, 12.46 PM IST
- Rajiv Takru asks DRT to make process of loan recovery more swiftDRTs are kind of fast track courts to resolve disputes between banks and borrowers in case of any default.24 Oct, 2013, 03.34 PM IST
- Banks can attach and sell assets of loan defaultersBanks will have a greater advantage now over defaulting borrowers.04 Dec, 2006, 12.41 AM IST
- Banks tune in to SC hearing on bad loan recoveryThe case, which will come up for hearing at the apex court on September 20, would decide on whether banks could simultaneously resort to th...19 Sep, 2006, 03.11 AM IST
- Borrowers may have to deposit 75% of debt before appealThe finance ministry is considering a proposal to amend the new recovery Act, which, if approved, will leave little room for the borrower t...25 Jun, 2004, 06.30 AM IST
- FM fixes fee for appeal against loan recoveryThe income of debt recovery tribunals (DRT) could double in a year thanks to a recent finance ministry notification.31 May, 2004, 11.08 PM IST
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