DRT Lawyer in Delhi services are crucial when borrowers or guarantors face recovery proceedings initiated by banks or financial institutions. Advocate Neha Gund, an experienced DRT Lawyer in Delhi, provides strategic and result-oriented representation before the Debt Recovery Tribunal to protect clients from unlawful recovery actions, asset seizures, and financial distress. With a clear focus on borrower rights and procedural compliance, each case is handled with precision and urgency.

What is the Debt Recovery Tribunal (DRT)?

The Debt Recovery Tribunal (DRT) is a specialized judicial body established under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. It was created to ensure speedy adjudication of recovery cases filed by banks and financial institutions. In addition, DRTs also exercise jurisdiction under the SARFAESI Act, 2002, enabling lenders to enforce security interests without lengthy civil litigation.

Legal Services by a DRT Lawyer in Delhi

Representation in DRT Proceedings

• Defending borrowers and guarantors against recovery applications filed by banks and NBFCs

• Representing financial institutions in debt recovery cases

• Challenging unlawful recovery actions, notices, and procedural violations

SARFAESI Act Matters

• Filing Section 17 applications against possession and auction notices

• Challenging illegal enforcement of secured assets

• Seeking relief against premature or non-compliant SARFAESI actions

Stay on Property Auction or Possession

• Urgent applications to stay property auctions or asset repossession

• Protecting residential and commercial properties from forced sale

• Interim relief before DRT and appellate forums

Appeals Before DRAT

• Filing and arguing appeals before the Debt Recovery Appellate Tribunal (DRAT)

• Seeking stay, modification, or suspension of DRT orders

• Strategic appellate representation to safeguard borrower interests

Corporate Debt & NPA Advisory

• Legal guidance for companies declared as Non-Performing Assets (NPA)

• Assistance in restructuring, settlement, and One Time Settlement (OTS)

• Defense of directors and promoters against personal guarantee claims

Common DRT Disputes Handled

• Bank and NBFC recovery suits

• SARFAESI action against residential or commercial properties

• Illegal possession or undervalued asset auctions

• Disputes over valuation, sale procedure, and creditor conduct

• Personal liability of guarantors and company directors