Debts Recovery Tribunal Bar Association

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NPAs: Why debt recovery has become a huge headache for banks

According to a government reply in Lok Sabha, as on June 30, 2017, there were about 109,598 cases pending across debts recovery tribunals, with recovery dues of Rs 635,500 crore. Illustration:......

India to take on defaulters as parliament approves bankruptcy bill

The insolvency and bankruptcy code will strengthen the hands of lenders to recover outstanding debts by setting a deadline of 180 days for companies to pay or face liquidation The Rajya Sabha......

Bank union seeks Parliamentary probe into Mallya loans

The association also wondered how the brand value of Kingfisher was considered as a collateral while sanctioning a loan, and alleged that even when RBI knew that this was a "deliberate default", no......

In tough times, Vijay Mallya's luxury jet awaits a buyer

The 25-seater aircraft is interspersed with plush sofas, a cushioned bed, bars, showers and a bathrobe Waiting to be auctioned off by tax authorities for recovery of their dues, the erstwhile......

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