Earlier, the Banking and Financial Sector of the country was facing the problem of recovering loans, which they had given to any businesses or individuals. The said situation had called for an operative mechanism to recover the loaned amount from the borrowers. Consequently, this concern resulted in the establishment of DRTs (Debt Recovery Tribunal).
DRT operates on the basis of the provisions of the Recovery of Debts due to Banks and Financial Institutions Act 1993 and Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests Act 2002. The Appeals against the orders passed by DRTs are filed before the DRAT (Debts Recovery Appellate Tribunal).
SJ Juris is one of India’s finest and the most experienced Banking, Corporate, and DRT Law Firm. The firm has a track record of providing a strategic legal plan that commences with a strong legal defense and ends with the successful closure of the case. The Firm focuses and gives attention to each facet of the DRT matter, aims to achieve client satisfaction by providing outstanding results.
The Attorneys of SJ Juris are qualified, dedicated, and extensively experienced in handling DRT matters, and render legal services to both organizations and individuals. The services offered by the Firm comprised of Drafting of DRT Petitions, Advising Clients on RBI Guidelines and Directions, Representing Matters before DRT, and Compliance with the Provisions stipulated.