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DRT
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
- Finance Ministry to review PSBs performance today, Secretary Nagaraju will chair high-level meet
- FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectorsPublic sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank...27 May, 2026, 06.33 PM IST
- IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...19 May, 2026, 11.28 PM IST
- 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
- Civil courts not barred from entertaining counter case of borrower against banks, financial institutions: Supreme Court"There is no provision in the RDB Act by which the remedy of a civil suit by a defendant in a claim by the bank is ousted," a bench of just...10 Nov, 2022, 09.09 PM IST
- Delhi High Court orders stay on DRT proceedings against Yes Bank over Dish TV sharesThe court was hearing a plea by the lender challenging an order of the DRT, which had directed Yes Bank to maintain status quo with regard ...27 Dec, 2021, 07.34 AM IST
- SC strongly disapproves Centre's decision on transferring DRT powers to Lucknow 'SC was hearing a plea filed by the State Bar Council of Madhya Pradesh challenging a notification issued by the Centre through which the ju...15 Sep, 2021, 04.53 PM IST
- Vijay Mallya Case: It’s retired Indian judge vs judgeThe dispute over which the two judges had given expert views was whether an order passed by the Debt Recovery Tribunal (DRT) in India was e...27 Jul, 2019, 09.25 AM IST
- DRT asks Vikram Bakshi, McDonald's India to appear before itEarlier this month, fast food chain McDonald's reached an out-of-court settlement with Bakshi, buying out Connaught Plaza Restaurants Pvt L...19 May, 2019, 04.01 PM IST
- Finance ministry draws Bombay HC ire over DRT non-functioningDRT, which dealt with debt-recovery cases involving banks, financial institutions and their customers, was non-functional for over a month.23 Jul, 2018, 05.03 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 reserves orders for July 25 on UBHL, Vijay Mallya's pleaThe documents also did not mention details of the interest the defendants owe to individual banks, the counsel alleged before DRT Presiding...22 Jul, 2016, 01.20 AM IST
- Vijay Mallya default case: DRT to pass its orders tomorrowDRT had reserved its order after hearing the submissions made by both parties - bankers and Mallya - on March 4.06 Mar, 2016, 09.02 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
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