The 9th Edition of Law Relating to Debts Recovery Tribunals by K. Panduranga Rao, revised by Rahul Kandharkar provides a comprehensive and updated exposition of the legal framework governing debt recovery proceedings in India. The book explains the establishment, powers, and procedures of Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) under the Recovery of Debts and Bankruptcy Act, 1993. It also incorporates detailed commentary on the SARFAESI Act, 2002, Insolvency and Bankruptcy Code (IBC), and related banking and financial legislations. This revised edition reflects the latest statutory amendments, judicial pronouncements, and procedural developments, making it a valuable reference for law students, practitioners, and banking professionals.
Key Features:
- Exhaustive coverage of the Recovery of Debts and Bankruptcy Act, 1993 and the SARFAESI Act, 2002.
- Updated with latest amendments and landmark judgments impacting DRT and DRAT proceedings.
- Detailed analysis of jurisdiction, powers, and procedures of tribunals, including filing, adjudication, appeals, and execution.
- Incorporates interplay between DRT law and the Insolvency and Bankruptcy Code (IBC).
- Practical insights into banking recovery mechanisms, securitisation, and asset reconstruction.
- Step-by-step discussion on debt recovery process, including filing of applications, enforcement of securities, and appeal procedures.
- Includes specimen forms, procedural checklists, and reference tables for ease of use by practitioners.
- Revised and expanded commentary by Rahul Kandharkar, reflecting contemporary legal and financial developments.
A must-have for lawyers, bankers, financial institutions, debt recovery professionals, academicians, and law students seeking an authoritative guide to debt recovery laws and tribunal procedures in India.