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Debt Recovery Tribunal

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Lawyer fined Rs 50,000 over 'frivolous' PIL

The Delhi high court on Monday dismissed a 'frivolous' public interest litigation filed by a lawyer and fined him Rs 50,000 for wasting the time of the judiciary.A division bench of Chief Justice B......

Vilas Deshmukh on an alliance with the NCP

Part I: 'Every day you have to think of survival'In the second and concluding part of an exclusive interview, former Maharashtra chief minister Vilas Deshmukh tells Deputy Managing Editor Rajeev D......

Deccan Chronicle's Holdings: Lenders seize assets

Lenders to debt-laden media firm Deccan Chronicle Holdings Limited have started the process of recovering their loans, starting with intangible assets.“We have initiated the recovery process......

Rs 1,000-cr loss in loan recovery via DRTs

An internal audit undertaken by the finance ministry has revealed that officers entrusted to recover debt as per the orders of debt recovery tribunalsoften settled cases at a low amount, leading to......

How to deal with recovery agents & debt

Once upon a time, Anil Chawla of Bhopal was a bright young engineer just out of the prestigious Indian Institute of Technology, Mumbai. Unlike most of his classmates, he did not go to the US for......

Daewoo assets up for fresh sale

The Debt Recovery Tribunal, Mumbai, has issued a fresh notice regarding the bankrupt Daewoo Motors India Ltd, placing the company's assets in the open market with the intention of selling the......

Tribunal stays ICICI notice to Mardia

The recovery of distressed assets by banks and financial institutions on Tuesday took a new twist when the Debt Recovery Tribunal, Ahmedabad, stayed ICICI Bank's notice of July 16, 2002, to Mardia......
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Kaneria hopes PCB comes to his rescue

Karachi: Banned test leg-spinner, Danish Kaneria is hoping against hope that Pakistan's cricket authorities and cricket community will come to his... ...

http://newstodaynet.com/sports/kaneria-hopes-pcb-comes-his-rescue
What's promising, what's not

While the debate on whether the government is scheming to usurp the RBI's powers rages, there are aspects of the code which look promising, such as... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/4885d29d/sc/24/l/0Leconomictimes0Bindiatimes0N0Cnews0Ceconomy0Cfinance0Cthe0Eindian0Efinancial0Ecode0Ewhats0Epromising0Ewhats0Enot0Carticleshow0C48261950A0Bcms/story01.htm
The Electrosteel solution

Given how rapidly bad and stressed assets of banks, especially those in the public sector, are growing—those for PSU banks rose from 11.7% of... ...

http://www.financialexpress.com/article/industry/banking-finance/the-electrosteel-solution/109714/
Bank credit in Jammu & Kashmir could see a drop

Ten days ago, a bench of the Jammu and Kashmir High Court ruled in a case that the SARFAESI (Securitisation and Reconstruction of Financial Assets... ...

http://www.thehindubusinessline.com/banking/bank-credit-in-jammu-kashmir-could-see-a-drop/article7470797.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
What steps taken to keep DRAT working, HC asks Centre

dna had on May 13 reported that over 5,000 appeals were pending before the DRAT and individuals were moving Bombay High Court to seek urgent relief... ...

http://www.dnaindia.com/money/report-dna-follow-up-what-steps-taken-to-keep-drat-working-hc-asks-centre-2108366

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