Debt Recovery Tribunal

GPTKB entity

Statements (56)
Predicate Object
gptkbp:instance_of gptkb:lawyer
gptkbp:aims_to reduce backlog of cases
gptkbp:appeals_to higher courts
Debt Recovery Appellate Tribunal
gptkbp:can gptkb:summons
gptkbp:can_admit claims above a certain threshold
gptkbp:can_conduct summary proceedings
gptkbp:can_provide legal remedies
gptkbp:created_in gptkb:1993
gptkbp:decided_by binding
gptkbp:established_in various states
Recovery of Debts Due to Banks and Financial Institutions Act, 1993
expedited debt recovery process
gptkbp:function adjudicate on disputes related to debts
gptkbp:grants interim relief
gptkbp:has_authority_over gptkb:Reserve_Bank_of_India
issue recovery certificates
gptkbp:has_power enforce recovery orders
gptkbp:hears_cases secured creditors
unsecured creditors
https://www.w3.org/2000/01/rdf-schema#label Debt Recovery Tribunal
gptkbp:influence penalties
gptkbp:is_accessible_by general public
creditors
gptkbp:is_aimed_at protecting creditor rights
gptkbp:is_challenged_by debtors
gptkbp:is_criticized_for lack of transparency
delays in proceedings
gptkbp:is_different_from civil courts
gptkbp:is_facilitated_by gptkb:technology
gptkbp:is_influenced_by banking policies
gptkbp:is_informed_by financial regulations
gptkbp:is_linked_to financial stability
gptkbp:is_monitored_by government agencies
gptkbp:is_part_of Indian judiciary system
debt recovery ecosystem
gptkbp:is_regulated_by Central Government
gptkbp:is_subject_to judicial review
amendments in law
gptkbp:is_supported_by gptkb:financial_institutions
legal professionals
gptkbp:is_utilized_by banks and financial institutions
gptkbp:judges appointed by the government
gptkbp:jurisdiction debt recovery cases
gptkbp:legal_framework Indian law
gptkbp:location gptkb:India
gptkbp:number_of_tribunals multiple across India
gptkbp:objective facilitate recovery of debts
gptkbp:operates_under gptkb:Ministry_of_Finance
gptkbp:order sale of assets
attachment of property
gptkbp:provides_relief_to gptkb:financial_institutions
gptkbp:related_to banking sector
gptkbp:type quasi-judicial body
gptkbp:bfsParent gptkb:Insolvency_and_Bankruptcy_Code
gptkbp:bfsLayer 7