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gopalakrishnarao (senior manager)     28 October 2012

Debt recovery tribunal

Dear Sir/s,

 

Please send the details for the eligibility for filing under DRT.

Gopalakrishna 



Learning

 5 Replies

surjit singh (Assistant)     11 November 2012

Your querry is not clear, please elaborate.  Get a copy of the DRT Act.

gopalakrishnarao (senior manager)     12 November 2012

What is the minimum amount  to be filed for DRT?  Whether it is Rs.10.00 Lacs, or 5.00 Lacs. 

surjit singh (Assistant)     17 November 2012

In DRT the proceeding is mainly between the Bank and the borrower, there is no minimum limit.

gopalakrishnarao (senior manager)     17 November 2012

My Advocate has told me that the minimum amount for filing under DRT is Rs.10.00Lacs and above, I am having many cases more than rs. 5.00Lacs for filing, Please can anybody guide me, What step should I take?

surjit singh (Assistant)     18 November 2012

Ask your advocate apart from DRT which is the appropriate forum when the amount is less thatn 5 lakhs.


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