06. Banking Law

The banking law in India primarily deals with the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act) which provides the banks with a speedy redressal to recover their dues by filing Original Applications (OA's) before the DRT of their jurisdiction and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) which provides for recovery of secured debts from the borrowers without the intervention of the courts at the first stage.

 

Our team of one of the best banking advocates in Delhi, provide legal assistance to banks and individuals to represent them before the 32 Debt Recovery Tribunals across India and their appeals before the 5 Debt Recovery Appellate Tribunals [Allahabad Bench, Chennai Bench, Delhi Bench, Kolkata Bench, Mumbai Bench], as per jurisdiction under the RDB Act and by filing Securitisation Appeals (SA's) before the Debt Recovery Tribunals and Appeals before the Debt Recovery Appellate Tribunals and the Supreme Court of India.

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Unbalanced Scales of Justice