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Debt Recovery Tribunal

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Banks told to recover Rs 6,203 crore from Mallya

The order brings an end to the nearly three-year legal battle in the Tribunal by the consortium, comprising 17 banks, to recover the money owed to them by the defunct airlines. The Debt Recovery......

SC seeks details of banks' debt recovery cases

The Supreme Court on Tuesday asked the Centre to give details of recovery cases filed by banks and financial institutions and those pending in debt recovery tribunals and their appellate bodies for......

India's debt recovery mechanism off to slow start

India’s debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016. Illustration: Uttam......

Debt recovery tribunals to go online, dispose cases faster

The change may give “secure creditors” the first right to auction an asset in order to recover the dues.  Image: The government is setting up a central registry for lodging......

Forcing Mallya to come back is bad strategy: Mohandas Pai

Better strategy, he said, is to get the Debt Recovery Tribunal to pass an order invoking guarantee he has given to banks and attach his assets. Forcing beleaguered businessman Vijay Mallya, who......
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A timeline of Vijay Mallya's case

Embattled Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, was today arrested in London by Scotland Yard on India's request... ...

http://www.dnaindia.com/india/report-vijay-mallya-versus-india-a-timeline-of-events-2406667
HC asks ED if UBHL shares can be sold to repay banks

High Court of Karnataka on Monday asked the Enforcement Directorate whether shares of United Breweries (Holdings) Ltd (UBHL) attached by it could... ...

http://www.deccanherald.com/content/606939/hc-asks-ed-ubhl-shares.html
Banks use Bankruptcy Code to crack down on companies with loan defaults

One such company is Bharati Shipyard, where lenders plan to use the bankruptcy code and file a case with National Companies Law Tribunal (NCLT),... ...

http://www.moneycontrol.com/news/business/debt-recovery-banks-use-bankruptcy-code-to-crack-downcompaniesloan-defaults_8732521.html
A case against merging appellate tribunals

Merging tribunals may lead to administrative convenience, but pendency of cases is likely to increase, says Jyoti Mukul. When the regulator for... ...

http://www.rediff.com/money/column/column-a-case-against-merging-appellate-tribunals/20170403.htm
The agency said the properties attached under its order

today are other than the properties pledged to banks, NBFCs by DCHL, which are under attachment or taken over under SARFAESI Act or Debts Recovery... ...

http://www.dnaindia.com/money/report-the-agency-said-the-properties-attached-under-its-order-2372463

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