Tag: unpaid amount

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: […]