Debts Recovery Appellate Tribunal (DRAT):…
Debts Recovery Appellate Tribunal (DRAT): The main objective and role of DRT is the recovery of funds from borrowers which is payable to banks and financial institutions. The Tribunals power is limited to settle cases regarding the restoration of the unpaid amount from NPAs as declared by the banks under theRBI guidelines.Act establishing the Tribunal: […]
Payment of extortion money does…
Payment of extortion money does not amount to terror funding, the Supreme Court observed while granting bail to an accused arrested under Unlawful Activities (Prevention) Act [UAPA]. In this case, the bail application of Sudesh Kedia was dismissed by the High Court on a finding that he had been paying extortion money, and thus contributed […]
