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DRATs in India
Debt Recovery Appellate Tribunal Allahabad (DRAT Allahabad)
Debt Recovery Appellate Tribunal Chennai (DRAT Chennai)
Debt Recovery Appellate Tribunal Delhi (DRAT Delhi)
Debt Recovery Appellate Tribunal Kolkata (DRAT Kolkata)
Debt Recovery Appellate Tribunal Mumbai (DRAT Mumbai)
DRTs in India
Debt Recovery Tribunal Ahmedabad (DRT 1 Ahmedabad)
Debt Recovery Tribunal Chandigarh (DRT 1 Chandigarh)
Debt Recovery Tribunal Chennai (DRT 1 Chennai)
Debt Recovery Tribunal Delhi (DRT 1 Delhi)
Debt Recovery Tribunal Kolkata (DRT 1 Kolkata)
Debt Recovery Tribunal Mumbai (DRT 1 Mumbai)
Debt Recovery Tribunal Ahmedabad (DRT 2 Ahmedabad)
Debt Recovery Tribunal Chandigarh (DRT 2 Chandigarh)
Debt Recovery Tribunal Chennai (DRT 2 Chennai)
Debt Recovery Tribunal Delhi (DRT 2 Delhi)
Debt Recovery Tribunal Kolkata (DRT 2 Kolkata)
Debt Recovery Tribunal Mumbai (DRT 2 Mumbai)
Debt Recovery Tribunal Chennai (DRT 3 Chennai)
Debt Recovery Tribunal Delhi (DRT 3 Delhi)
Debt Recovery Tribunal Kolkata (DRT 3 Kolkata)
Debt Recovery Tribunal Mumbai (DRT 3 Mumbai)
Debt Recovery Tribunal Allahabad (DRT Allahabad)
Debt Recovery Tribunal Aurangabad (DRT Aurangabad)
Debt Recovery Tribunal Bangalore (DRT Bangalore)
Debt Recovery Tribunal Coimbatore (DRT Coimbatore)
Debt Recovery Tribunal Cuttack (DRT Cuttack)
Debt Recovery Tribunal Earnakulam (DRT Earnakulam)
Debt Recovery Tribunal Guwahati (DRT Guwahati)
Debt Recovery Tribunal Hyderabad (DRT Hyderabad)
Debt Recovery Tribunal Jabalpur (DRT Jabalpur)
Debt Recovery Tribunal Jaipur (DRT Jaipur)
Debt Recovery Tribunal Lucknow (DRT Lucknow)
Debt Recovery Tribunal Madurai (DRT Madurai)
Debt Recovery Tribunal Nagpur (DRT Nagpur)
Debt Recovery Tribunal (DRT Patna)
Debt Recovery Tribunal (DRT Pune)
Debt Recovery Tribunal (DRT Ranchi)
Debt Recovery Tribunal (DRT Vishakapatnam)
DRT Ranchi Debt Recovery Tribunal
The Hon’ble Debt Recovery Tribunal Ranchi (DRT Ranchi) was established vide GSR No: 113 (E) dated 26/o2/2002.
Jurisdiction: The territorial jurisdiction of the Hon’ble Debt Recovery Tribunal Ranchi (DRT Ranchi) covers State of Jharkhand.
Address: Debt Recovery Tribunal Ranchi (DRT Ranchi), SinghVilla, Ganga Nagar, Badri Narayan Bhawan Street, PO Hehal, Ratu Road, Ranchi – 834005, India
Debt Recovery Tribunal Delhi 3 (DRT 3 Delhi)
The Hon’ble Debt Recovery Tribunal Delhi 3 (DRT 3 Delhi) was established vide GSR No: 48 (E) dated 18/01/2002.
Jurisdiction: The territorial jurisdiction of the Hon’ble Tribunal covers Central Delhi District Darya Gunj, Chandni Mahal, Jama Masjid, Kamala Market, Hauz Quazi, I.P.Estate, Pahar Gunj, D.B.G.Road, Nabi Karim, Karol Bagh, Prasad Nagar, Rajinder Nagar, andy other police station which may be existing or created in future in this area North East Delhi District : Seelam Pur, Gokal Puri, Bhajan Pura, Shahdara, Welcome Colony, Manasaravor Park, Seema Puri, Nand Nagri, any other police station which may be existing or created in future in this area. East Delhi District Kalayan Puri, Trilok Puri, Vivk Vihar, Anand Vihar, Preet Vihar , Shakar Pur, Gandhi Nagar, Krishna Nagar, Geeta Colony, any other police station which may be existing or created in future in this area. North Delhi District : Civil Lines, Timarpur, Roop Nagar, Maurice Nagar Colony, Subzi Mandi, Pratap Nagar, Sarai Rohilla, Bara Hindu Rao, Sadar Bazar, Kashmere Gate, Kotwali, Lahori Gate, Town Hall (Chandni Chowk), any otherpolice station which may be existing or created in future in this areaWest Delhi District Patel Nagar, Anand Parbat , Moti Nagar , Tilak Nagar, Janak Puri, Vikas Puri, Punjabi Bagh, Paschim Vihar, Nangloi, Rajouri Garden, Hari Nagar, Kirti Nagar, any other police station which may be existing or created in future in this areaNorth West Delhi District Sultan Puri, Mangol Puri, Kanjahanwala, Ashok Vihar, Saraswati Vihar, Keshav Puram, Shalimar Bagh, Jahangir Puri, Rohini, Narela, Samaipur Badli, Ali Pur, Mukerjee Nagar, Adarsh Nagar, Model Town, any other police station which may be existing or created in future in this area.
Presiding Officer: Hon’ble Shri D C Thakur is Presiding Officer of Debt Recovery Tribunal Delhi 3 (DRT 3 Delhi)
Address: Sanskriti Bhawan, Desh Bandhu Gupta Marg, Jhandewalan, New Delhi 110055
DRAT Mumbai, Debt Recovery Appellate Tribunal
The Hon’ble Debt Recovery Appellate Tribunal Mumbai (DRAT Mumbai) was established vide GSR No: 654(E) 17/07/1994.
Jurisdiction: The territorial jurisdiction of the Hon’ble Tribunal covers:
Debt Recovery Tribunal Ahmedabad (DRT Ahmedabad)
Debt Recovery Tribunal Aurangabad (DRT Aurangabad)
Debt Recovery Tribunal Mumbai 1 (DRT 1 Mumbai)
Debt Recovery Tribunal Mumbai 2 (DRT 2 Mumbai)
Debt Recovery Tribunal Mumbai 3 (DRT 3 Mumbai)
Debt Recovery Tribunal Nagpur and (DRT Nagpur)
Debt Recovery Tribunal Pune (DRT Pune)
Chairperson: Hon’ble Justice Raham is Chairperson of Debt Recovery Appellate Tribunal Mumbai (DRAT Mumbai)
Address: Scindia House, Narottam Morarjee Marg, Opposite I. & T. House, Billard Estate, Mumbai 400038
DRT Pune Debt Recovery Tribunal
The Hon’ble Debt Recovery Tribunal Pune (DRT Pune) was established vide GSR No: 884 (E) dated 17/12/2001.
Jurisdiction: The territorial jurisdiction of the Hon’ble Debt Recovery Tribunal Pune (DRT Pune) covers Pune, Satara, Sangli, Kolhapur and Solapur districts of Maharashtra State and any other area/district of Maharashtra State not included in:-
Debt Recovery Tribunal 1 Mumbai (DRT 1 Mumbai);
Debt Recovery Tribunal 2 Mumbai (DRT 2 Mumbai);
Debt Recovery Tribunal 3 Mumbai (DRT 3 Mumbai);
Debt Recovery Tribunal Aurangabad (DRT Aurangabad); and
Debt Recovery Tribunal Nagpur (DRT Nagpur).
Address: Debt Recovery Tribunal Pune (DRT Pune), PMT Commercial Building-1,Shankershet Road,Swargate, Pune-411 042, India
DRT Lucknow Debt Recovery Tribunal
The Hon’ble Debt Recovery Tribunal Lucknow (DRT Lucknow) was eastablished vide GSR No: 71 (E) dated 31/01/2002.
Jusrisdiction: The territorial jusrisdiction of the Hon’ble Tribunal covers Ambedkar Nagar, Aligarh, Agra, Barabanki, Balrampur, Bahraich, Bareilly, Bijnor, Bulandshahr, Baghpat, Faizabad, Ghaziabad, Gonda, Gautam Budh Nagar, Hathras, Hardoi, Jyotiba Phule Nagar, Lucknow, Lakhimpur, Meerut, Moradabad, Muzafffarnagar, Mathura, Pratapgarh, Pilibhit, Rampur, Rae Bareilly, Sharanpur, Shahajahanpur, Sitapur, Shravasti, Sultanpur, Unnao districts of Uttar Pradesh & State of Uttaranchal.
Presiding Officer: Hon’ble Shri Narendra Kumar is Presiding Officer of Debt Recovery Tribunal Lucknow (DRT Lucknow)
Address: 600/1 University Road, Near Hanuman Setu Mandir, Lucknow, U.P., India
DRT: Debt Recovery Tribunal
DRAT: Debt Recovery Appellate Tribunal
The Debt Recovery Tribunals have been established by the Government of India under an Act of Parliament (Act 51 of 1993) for expeditious adjudication and recovery of debts due to banks and financial institutions. The Debt Recovery Tribunal is also the appellate authority for appeals filed against the proceedings initiated by secured creditors under the Securatizaton and Reconstruction of Financial Assets and Enforcement of Security Interest Act.
DRT Act & Rules (Debt Recovery Act)
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
The Recovery of Debts Due to Banks and Financial Institutions Act, 1993
The Security Interest (Enforcement) Rules, 2002
The Debts Recovery Tribunal (Procedure) Rules, 1993
The Debts Recovery Appellate Tribunal (Procedure) Rules, 1994
The Debts Recovery Tribunal (Financial and Administrative Power) Rules, 1997
The Debts Recovery Appellate Tribunal (Financial and Administrative Power) Rules, 1997
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Removal of Difficulties) Order, 2004
The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003
Forms of Application for Registration of Securitisation/Reconstruction Companies
Revised Guidelines for Compromise Settlement of Chronic Non-Performing Assets (NPAs) of Public Sector Banks
Relevant Provision of Enactments Amended/Refered
The Securities and Exchange Board of India Act, 1992, (15 of 1992)
The Sick Industrial Companies (Special Provision) Act (SICA), 1985
There are five DRAT: Debt Recovery Appellate Tribunals in India, situated at Allahabad, Delhi, Mumbai, Kolkata and Chennai. DRATs are appellate tribunals For DRT: Debt Recovery Tribunals. In India there are more than 33 DRTs: Debt Recovery Tribunals, situated at different State/City.
DRT 2 Chennai Debt Recovery Tribunal
The Hon’ble Debt Recovery Tribunal 2 Chennai (DRT 2 Chennai) was established vide GSR No: 258 (E) dated 29/03/2001.
Jurisdiction: The territorial jurisdiction of the Hon’ble Tribunal covers Areas Under Tondiarpet and Mambalam – Guindy Taluk limits of Chennai.
Presiding Officer: Hon’ble Shri E. Jacob R. Daniel is Presiding Officer of Debt Recovery Tribunal 2 Chennai (DRT 2 Chennai)
Address: Debt Recovery Tribunal 2 Chennai (DRT 2 Chennai), Spencer Towers, 4th Floor, 770-A, Anna Salai, Chennai-600 002.
