TMI BlogDebts Recovery Tribunals (DRTs)X X X X Extracts X X X X X X X X Extracts X X X X ..... Debts Recovery Tribunals (DRTs) - News and Press Release Dated:- 8-4-2017 - News - The Government has set up 39 Debts Recovery Tribunals (DRTs) in different parts of the country. The number of cases (Original Applications) disposed by DRTs in past four years is as following: Financial Year No. of Cases Disposed (OA) 2013-14 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 13699 2014-15 14219 2015-16 16525 2016-17 (till 31st October, 2016) 11997 To strengthen the DRTs, this Department has, inter-alia, taken the following steps: i. The Recovery of Debts Due to Banks and Financial Institutions (RDDB FI) Act, 1993 and Securitisa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act), 2002 were amended by the Enforcement of Security Interest and Recovery of Debts Laws Miscellaneous Provisions (Amendment) Act, 2016 for expeditious adjudication and speedier resolution of defaulted loans. ii. Six new DRTs have been established at Bengaluru, Chandigarh, Dehradun, Ernakulam, H ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yderabad and Siliguri during 2016-17 bringing the total number of DRTs to 39. iii. IT infrastructure has been upgraded in DRTs. This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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