DRT in Jabalpur

DRT (Debt Recovery Tribunal)

DRT (Debt Recovery Tribunal) – Established for Faster Recovery

The Debt Recovery Tribunal (DRT) was established under the Recovery of Debts and Bankruptcy Act, 1993 (earlier RDDBFI Act, 1993). It was created to speed up the process of bank loan recovery and reduce the burden on civil courts.

Advocate Uma Yadav represents clients in: Bank loan recovery suits, Appeals before DRAT, Execution of recovery certificates, Objections and borrower rights petitions. Her deep understanding of DRT rules, procedures, limitation timelines, and documentation ensures effective case handling for both borrowers and financial institutions.

SARFAESI Act, 2002 – Secured Asset Protection & Loan Enforcement

The SARFAESI Act, 2002 (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act) empowers banks to recover NPAs without court intervention. It includes:

Section 13(2) Notice

Section 13(4) Possession actions

Auction of secured assets

Borrower objections under Section 17 before DRT

Advocate Uma Yadav’s Services in OA Matters – DRT Jabalpur

Advocate Uma Yadav provides comprehensive legal assistance for both borrowers and lenders in OA proceedings before the DRT Jabalpur, including:

For Borrowers:

Preparing replies, written statements, and objections, Challenging inflated claims and incorrect calculations, Contesting illegal actions and procedural violations, Protecting rights during possession, auction, and enforcement, Filing appeals before DRAT

For Banks & Financial Institutions:

Drafting Original Applications (OA) Filing supporting documents, loan records, and security details Representation through the entire recovery process, Assistance in obtaining Recovery Certificates (RC)

Why OA Matters Are Important - OA orders directly impact: Borrower’s financial liability, Enforcement of securities under SARFAESI Act, Bank’s recovery and auction process, Legal rights and protections for both parties, A well-prepared OA or reply is crucial for achieving a fair and lawful outcome.

Advocate Uma Yadav provides complete legal assistance in: Challenging illegal possession and auction actions, Protecting borrower rights, Negotiating with banks, Filing appeals and stay applications, Documentation and compliance for both lenders and borrowers

Why Choose Advocate Uma Yadav for DRT & SARFAESI Cases in Jabalpur?

Extensive experience in banking law, financial regulations, and recovery laws

Strong knowledge of RDDB Act 1993, SARFAESI Act 2002, and DRT rules

Effective drafting of petitions, objections, replies, and appeals

Strategic approach to protect client interests in complex banking cases

Dedicated representation before DRT Jabalpur, DRAT, and the High Court

Advocate Uma Yadav is known for providing practical solutions, strong legal representation, and timely assistance in all types of DRT, SARFAESI, and banking litigation across Jabalpur.