Appeal fee for filing sa appeal at drt ranciunder section
Vinay Kumar Prasad
(Querist) 10 August 2020
This query is : Resolved
Kindly let me know as to what would be Appeal fee amount for filing a SA appeal before DRT Ranchi u/s 17(1) of SARFAESI Act where the disputed demand amount is Rs. 7,34,904/-
A prompt reply will be highly appreciated
Thanks and regards
Vinay Prasad
Advocate , Jamshedpur
Rajendra K Goyal
(Expert) 11 August 2020
It is 12,000/- for amount less than 10 lacs. Confirm from your lawyer before proceeding.
R.K Nanda
(Expert) 11 August 2020
Contact local lawyer.
Dr J C Vashista
(Expert) 12 August 2020
Dear Mr. Vinay Kumar Prasad,
How was your case admitted and adjudicated in DRT for a claim of Rs. 7,34,904/- since pecuniary jurisdiction of DRT start at Rs. 20,00,000/- but not less than the amount, even earlier limit was Rs. 10,00,000/- ?
Rajendra K Goyal
(Expert) 12 August 2020
On receipt of possession notice u/s. 13(4) of Sarfaesi Act the borrower can prefer appeal before DRT u/s. 17, seeking stay of proceedings and to set aside the action initiated.
