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Debt Recovery Tribunal

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IMF imposes 11 new conditions on Pak, warns against tensions with India

The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks......

How babus yearn to wear the judicial hat in tribunals

'Experience of administration may make a member of civil service a good administrator but not necessarily an able and impartial adjudicator,' observes the Supreme Court.   The unseemly power......

Centre testing our patience, emasculating tribunals: SC

The Supreme Court Monday said the Centre was testing its "patience" and "emasculating" tribunals by not appointing officials to the quasi-judicial bodies which are facing severe crunch of presiding......

Where's 'booster' for judiciary: HC to Centre over judicial vacancies

Expressing dismay over the delay in filling up judicial vacancies across the country, the Bombay high court on Friday asked the Union government when will it think about giving a 'booster' for the......

Allow hybrid mode hearings, technology not judges' choice, SC tells HCs

Irked over the minimal use of technology, the Supreme Court on Friday said no high court in the country shall deny access to video conference or hearing through hybrid mode to lawyers and litigants......

Slow progress at debt recovery tribunals irks banks

Lenders send 'SOS' to the finance ministry on the tardy decision making and pile-up of cases at the Debt Recovery Tribunals and its appellate forum the Debt Recovery Appellate Tribunal. Abhijit......

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......

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......

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:......

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. Illustration: Uttam Ghosh During 2024-25,......

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