Advocate Rohit Dandriyal leads a skilled team of DRT attorneys, highly regarded for their expertise in debt recovery cases under the DRT and DRAT jurisdictions in Delhi. Our firm specializes in representing clients, particularly borrowers, in recovery actions initiated by banks and financial institutions, providing rigorous legal defense through a proactive and comprehensive approach.

Expertise in DRT and DRAT Proceedings

With a track record of effective advocacy across the Debts Recovery Tribunals (DRT) and Appellate Tribunals (DRAT), our practice is founded on a deep understanding of the Recovery of Debts and Bankruptcy Act (RDB Act), 1993, and the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, 2002. The RDB Act streamlines debt recovery, balancing the rights of both lenders and borrowers, while the SARFAESI Act empowers banks to recover non-performing assets efficiently.

Strategic Approach to Debt Recovery Cases

Our DRT lawyers meticulously examine loan documents, bank notifications, and guarantor agreements to uncover procedural gaps in bank actions, ensuring compliance with RBI’s loan and recovery regulations. We conduct in-depth reviews of each case, preparing comprehensive arguments that emphasize adherence to regulatory standards and identify any overreach by financial institutions.

Specialized Services for Borrowers Facing DRT and SARFAESI Actions

1. DRT and DRAT Representation: Strong defense for borrowers at all tribunal levels, with appeals to DRAT supported by strategic arguments.
2. OA Filing and Defense: Preparation and submission of Original Applications (OA) to contest unjust actions under the SARFAESI Act.
3. Secured Asset Recovery Defense: Protection of clients’ rights in cases involving asset possession actions under SARFAESI.
4. Compliance and Procedural Analysis: Verification of banks’ adherence to RBI guidelines and legal procedures to identify weaknesses in their claims.

Key Provisions Addressed

• RDB Act, 1993: Applicable to debts over Rs. 20 lakh, covering tribunal jurisdiction based on the defendant’s location or cause of action.
• SARFAESI Act, 2002: Allows banks to enforce security on assets for defaulted loans without court intervention, with borrower recourse to appeal under Section 17 of the Act.

Additional Services

• OA Drafting and Filing for DRT: Precise OA submissions to challenge debt recovery claims.
• SARFAESI Case Defense: Representation in asset seizure and recovery cases under SARFAESI.
• DRAT Appeals: Assistance in appeals against DRT orders.

Why Choose Our Firm?

For over 10 years, we have delivered results-oriented legal services before the Debt Recovery Tribunal and Appellate Tribunal in Delhi, making us one of the top choices for clients facing debt recovery issues. Our attorneys bring comprehensive knowledge of the RDB Act and SARFAESI provisions to every case, ensuring effective representation for borrowers facing complex recovery actions.