Banking And Financial Institutions Laws

Banking and Financial Institutions Laws

In view to Keep in line with the international edge and trends on helping financial institutions to recover the Bad Debt smartly, quickly and with efficient means, the Government of India has constituted Thirty Three Debt Recovery Tribunal and five Debt Recovery Appellate Tribunal across the country. The Debt Recovery Tribunal are located across the country. Some cities have more than one Debt Recovery Tribunal located at New Delhi and Mumbai have three Debt Recovery Tribunal. Chennai and Kolkata have Two Debt Recovery Tribunal each. One Debt Recovery Tribunal each has been constituted at Ahmdabad, Allahabad, Arungabad, Bangalore, Chandigrah, Coimbatore, Cuttack, Ernakulam, Guwahati, Hydrabad, Jabalpur, Jaipur, Lucknow, Nagpur, Patna, Pune, Ranchi and Vishakapatnam. Depending upon the number of cases a Debt Recovery Tribunal is constituted for the very purpose. :

We cater with comprehensive Legal advisory service and Legal work over all type of commercial and banking transactions including:

⇒ Personal Loans
⇒ Project Loans
⇒ Machinery/Vehicle loans/house loans;
⇒ Mortgage
⇒ Negotiations and documentation,
⇒ Securitization and Hypothecation
⇒ Secured loans
⇒ Legal Remedy for Unsecured Loans
⇒ Interim orders under section 9 of Arbitration and conciliation Act;
⇒ Arbitration proceedings;
⇒ Recovery suits under order XXXVII of CPC;
⇒ OA before DRT;
⇒ Legal Proceedings under the Sarfarasi Act
⇒ Matters before DRAT;
⇒ Protection against taking possessions of the Mortgage;
⇒ Proceedings before Recovery Officers appointed by DRT;

The Legal advice to our clients on partnership, agency and distributorship arrangements, recovery and insolvency amongst others. WE have very rich experience in dealing the matter relating to:

⇒ Insolvency and Consumer Cases against Banking and Financial Institutions.
⇒ Debt recovery matters before DRT / DRAT under SARFAISI Act and RDDBFI Act.
⇒ Complaints under section 138 of N.I. Act,
⇒ Petitions u/s 9 of the Arbitration and Conciliation Act,
⇒ Petition u/s 34 of the Arbitration and Conciliation Act,