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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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17 Acts to be amended through Finance Bill

Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties The government... ...

http://www.rediff.com/money/report/seventeen-acts-to-be-amended-through-finance-bill/20170323.htm
HC issues 2nd bailable warrant against Mallya

The Karnataka High Court on Friday issued a bailable arrest warrant against beleaguered liquor baron Vijay Mallya, directing him to provide a bail... ...

http://www.deccanherald.com/content/600583/hc-issues-2nd-bailable-warrant.html
Divan, who initiated the arguments, referred to various

orders passed by the Debt Recovery Tribunal (DRT), the High Court and the Supreme Court and said that the DRT has passed a decree in favour of the... ...

http://www.dnaindia.com/money/report-divan-who-initiated-the-arguments-referred-to-various-2347997
SC asks Mallya whether he truthfully disclosed assets

The Supreme Court today put forth searching questions to liquor baron Vijay Mallya on the disclosure of his assets to the court. A bench comprising... ...

http://www.deccanherald.com/content/600330/sc-asks-mallya-he-truthfully.html
On March 3, the banks had submitted that USD 40 million

which Mallya had allegedly received from British firm Diageo in February last year was transferred to his children in "flagrant violation" of... ...

http://www.dnaindia.com/money/report-on-march-3-the-banks-had-submitted-that-usd-40-million-2347459

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