Best DRT Lawyers in Delhi

By Team Legal Helpline India, February 3, 2019

We have team of Best DRT Lawyers in Delhi for online advice and services before the DRT. For any requirement, call our board No. 011-2335 5388 or mail us at legalhelplineindia@gmail.com with details of your case.

A brief write up by Best DRT Lawyers in Delhi :

Debts Recovery Tribunal (DRT) was created under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. It is also under the Secularization and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, 2002. Under this, the loans of any bank or financial institution, if not paid by the borrower, becomes a bad debt. The bank or the financial institution first issues the notice for recovery of the said loan. After the notice, the bank initiates the process of recovery of the loan. These proceedings are initiateded under the Recovery of Debts Due to Banks and Financial Institutions (RDDBFI) Act, 1993. We maintain the team of Best DRT Lawyers in Delhi.

The bank thus invokes the provisions of the Secularization and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, 2002 against the borrowers, guarantors.

THE PROCESS FOR FILING OF OA BEFORE DRT BY BEST DRT LAWYERS IN DELHI

Any person aggrieved by any action of the bank can approach the Debts Recovery Tribunal (DRT). He can file Original Application against the action of the bank . Such application filed in DRT is called OA before DRT in short.

The case filed before the DRT is based on the SARFASI Act. It is also governed by all other applicable laws. The liability of the borrower to re pay the loan is considered and determined. After considering all aspects of the matter, DRT passes orders on the application. DRT finally determines the liability of the borrower and directs him to re pay the loan or to reject the case and declare the borrower not liable to pay the loan amount.

We have in house team of best DRT Lawyers in Delhi. We provide all services at Debt Recovery Tribunal with confidence and excellent results. Our team of best DRT Lawyers in Delhi is well versed with the entire law and process related to the Debt Recovery Tribunal Delhi. They are in a position to provide the best results with their proactive strategy in any DRT case against banks or financial institution.

The team of best DRT Lawyers in Delhi initially takes up the matter with full confidence. they check all the documents and the agreement entered at the time of entering the loan.

ROLE OF BEST DRT LAWYER IN DELHI:


The role of the Advocates for the DRT case is very important as has to scrutinize all the documents, loan agreements and the process adopted by the bank for recovery of the loan. A minute and detailed reading of all documents are required. The best DRT lawyer in Delhi mainly reads the contract with the bank and the correspondence. We have in house team of best DRT lawyers Delhi to take up such matters on behalf of the borrower or the grantor and scrutinize the matter in details and then prepare and file OA before DRT against the action under SARFASI by the bank or the financial institution.


The entire process of filing of OA before the DRT is controlled and regulated by the Registry of the DRT. The OA is filed by the Debt Recovery Lawyer Delhi in the Registry of DRT. The OAis scrutinized and then listed before the court for hearing and orders by the court.

SERVICES BY BEST DRT LAWYER IN DELHI


We have an inhouse team of best DRT Lawyers in Delhi and Advocates. Our team of best DRT lawyers in Delhi take up the matter before the court for favorable orders by DRT. The team of best DRT lawyers in Delhi working with us ensures the quick filing of the OA before the DRT and grant of favorable orders by their proactive strategy before the DRT .


The first and foremost role of a good DRT lawyer Delhi is to scrutinize the entire documents related to the loan and the status of the guarantors who stood as the surety to the bank loan. Our team of best DRT Lawyers in Delhi thereafter scrutinizes all the notifications with regard to the matter in dispute and tries to take out the loopholes in the same. The best DRT Lawyers in Delhi thereafter seeks the compliance of the circulars of RBI issued from time to time for regulating the disbursement of loan, recovery of loan.

A close and deep study of all the documents by best DRT Lawyers in Delhi would certainly lead to the finding of the loopholes in the entire process adopted by the bank. The best DRT Lawyers in Delhi are deputed to draft the OA to be filed before the DRT and then prepares the arguments which is to be addressed before the court.


The role of Advocate for DRT case is very important. The best DRT Lawyers in Delhi only determines the entire strategy of the DRT case and proceeds with the case at different stages.

ATTENTION:

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