- OUR SERVICES
Strategic Representation in Debt Recovery Matters
Trinetra Law Chambers provides comprehensive legal representation in matters before the Debt Recovery Tribunal (DRT) and Debt Recovery Appellate Tribunal (DRAT). We assist banks, financial institutions, businesses, borrowers and guarantors in navigating complex debt recovery and enforcement proceedings.
Our approach combines a thorough understanding of financial laws with focused legal strategy to protect our clients’ interests and pursue effective resolutions.
Our DRT Services Include:
- Debt recovery proceedings before DRT
- SARFAESI Act matters
- Securitisation Applications (SA)
- Original Applications (OA)
- Appeals before DRAT
- Loan default and recovery disputes
Trinetra Law
- FAQ's
Frequently Asked
Questions
What is the Debt Recovery Tribunal (DRT)?
The Debt Recovery Tribunal is a specialised forum that deals with recovery proceedings involving banks and financial institutions and related disputes concerning secured debts.
Can a borrower challenge action taken under the SARFAESI Act?
Yes. Depending on the circumstances and stage of proceedings, borrowers or other affected parties may approach the DRT to challenge measures taken by a secured creditor under the SARFAESI Act.
What types of DRT matters does Trinetra Law Chambers handle?
We provide legal assistance in Original Applications (OA), Securitisation Applications (SA), recovery proceedings, possession and auction disputes, enforcement of secured assets, and appeals before the DRAT.
Can guarantors also seek legal representation in DRT proceedings?
Yes. Guarantors may be parties to debt recovery proceedings and can seek legal advice and representation to understand their liabilities, available remedies and appropriate course of action.
Can DRT matters be settled without completing the entire litigation process?
Depending on the facts of the case and willingness of the parties, certain disputes may be resolved through negotiated settlement, restructuring or other legally permissible mechanisms.