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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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Modi, Jaitley must fix the economy jat pat!

'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.Illustration: Uttam Ghosh/Rediff.com High-... ...

http://www.rediff.com/money/column/modi-jaitley-must-fix-the-economy-jat-pat/20170925.htm
Bad news for debt defaulters; PNB draws up list in addition to RBI's

Punjab National Bank is drawing up a list of defaulters it plans to refer to the National Company Law Tribunal (NCLT), in addition to the list it... ...

http://www.msn.com/en-in/news/other/bad-news-for-debt-defaulters-pnb-draws-up-list-in-addition-to-rbis/ar-AAr6u4c?srcref=rss
'Stakeholders may pursue insolvency cases with court, not DRTs'

Stakeholders, who intend to pursue their insolvency cases, need to approach appropriate authority or a court under the existing enactments, instead... ...

http://www.business-standard.com/article/news-ians/stakeholders-may-pursue-insolvency-cases-with-court-not-drts-117082900557_1.html
Resolution professional, others booked for cheating hotelier

A case has been registered against 10 people, including a resolution professional and officials of a private securitisation company, for allegedly... ...

http://www.business-standard.com/article/pti-stories/resolution-professional-others-booked-for-cheating-hotelier-117082000681_1.html
Jaitley

Mumbai : Previous laws were only partly effective in resolving the problems of insolvency and bankruptcy in the corporate world and one would have... ...

http://www.sify.com/finance/wait-to-judge-effectiveness-of-mechanism-on-bad-debts-jaitley-news-finance-ritttWagcbjjj.html

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