Recovery of Debts Due to Banks and Financial Institutions Act : Establishment of Tribunal. Indian Bare

Recovery of Debts Due to Banks and Financial Institutions Act,1993

Act No : 51

Section : Establishment of Tribunal.

3. Establishment of Tribunal. (1) The Central Government shall by notification, establish one or more Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction; powers and authority conferred on such Tribunal by or under this Act. (2) The Central Government shall also specify, in the notification referred to in sub-section (1), the areas within which the Tribunal may exercise jurisdiction for entertaining and deciding the applications filed before it