Reserve Bank of India circular on Credit Cards
Reserve Bank of India circular on Corporate Debt Restructuring Scheme
Reserve Bank of India circular on liberalizing the earlier Corporate Debt Restructuring Scheme
Reserve Bank of India circular on extending Corporate Debt Restructuring Scheme to viable economic units facing temporary credit crunches.
Reserve Bank of India circular on information to be collected from borrowers for lending by multiple banks, ie: Consortium Lending.
Disposal of mortgaged/ hypothecated assets without knowledge of bank amounts to willful default.
Reserve Bank of India circular on expanded definition of the term “willful defaulter”.
DRT & DRAT Regulations
Securitisation Act (SRFAESI Act)
Recovery of Debts Due to Banks & Financial Institutions Act, 1993 (as amended)
Short title, extent, commencement and application
ESTABLISHMENT OF TRIBUNAL AND APPELLATE TRIBUNAL
Establishment of Tribunal
Composition of Tribunal
Qualifications for appointment as Presiding Officer
Term of office
Staff of Tribunal
Establishment of Appellate Tribunal.
Composition of Appellate Tribunal
Qualifications for appointment as Presiding Officer of the Appellate Tribunal
Term of office
Staff of Appellate Tribunal
Salary and allowances and other term conditions of Service of Presiding Officers
Filling up of vacancies
Resignation and removal.
Orders constituting Tribunal or an Appellate Tribunal to be final and not to invalidate it proceedings
JURISDICTION, POWERS AND AUTHORITY OF TRIBUNALS
Jurisdiction, powers and authority of Tribunals.
Bar of Jurisdiction
PROCEDURE OF TRIBUNALS
Application to the Tribunal.
Appeal to the Appellate Tribunal.
Deposit of amount of debt due, on filing appeal
Procedure and powers of the Tribunal and the Appellate Tribunal
Right to legal representation and Presenting Officers
RECOVERY OF DEBT DETERMINED BY TRIBUNAL
Modes of recovery of debts
Validity of certificate and amendment thereof.
Stay of proceedings under certificate and amendment or withdrawal thereof
Other modes of recovery
Application of certain provisions of Income-Tax Act
Orders of Recovery Officer to be deemed as orders of Tribunal
Transfer of pending cases
Members and staff of Tribunals to be public servants
Protection of action taken in good faith
Act to have overriding effect
Power to remove difficulties
Power to make rules
Repeal and saving
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