Litigation
Debt Recovery Lawyer (DRT Lawyer) in Delhi, Noida & Gurgaon
Definition
The Debt Recovery Tribunal (DRT) adjudicates bank dues exceeding Rs 20 lakh under the RDDB&FI Act, 1993. The SARFAESI Act, 2002, empowers secured creditors to enforce security interests without court. KG Lawyer represents banks, NBFCs, and borrowers across DRT Delhi and DRAT Delhi for matters in Delhi, Noida and Gurgaon.
Acts & Provisions
1
Recovery of Debts and Bankruptcy Act, 1993
DRT jurisdiction and procedure.
2
SARFAESI Act, 2002
Secured creditor enforcement.
3
Insolvency and Bankruptcy Code, 2016
Insolvency resolution.
Charges & Punishments
| Offence / Matter | Penalty / Relief |
|---|---|
| Fraudulent transfer of secured asset | Recovery action plus criminal charges under BNS. |
Statutory references are based on current Indian law. Always consult a qualified lawyer for matter-specific advice.
Required Documents
Loan agreement and sanction letters
Security documents (mortgage, hypothecation)
Account statements showing NPA
Demand notices and reply
SARFAESI possession notices
Role of a Lawyer
- File Original Application (OA) before DRT
- Defend Section 17 applications (borrower)
- File securitization appeal
- Pursue DRAT and High Court remedies
Our Role at KG Lawyer
- 1Bank panel counsel experience
- 2Borrower-side restructuring and OTS negotiation
- 3SARFAESI possession coordination with authorities
Ready to discuss your matter?
Book ConsultationPopular Case Studies
OTS Negotiation for Rs 3.2 Crore NPA
MSME unit facing SARFAESI possession proceedings.
Outcome: Settled at Rs 1.9 crore with 24-month payment plan; possession withdrawn.
Case studies are anonymised to protect client confidentiality and comply with BCI ethics rules.