SC issues notice to Centre over vacancies in debt recovery tribunals
1 month ago

SC issues notice to Centre over vacancies in debt recovery tribunals

New Indian Express  

The DRTs are set up under the Recovery of Dues to Banks and Financial Institutions Act of 1993 to enable banks and financial institutions to recover bad debts from borrowers. According to the PIL, as of September 30, 2024, 11 DRTs are without Presiding Officers, severely impacting their ability to resolve cases efficiently. The PIL sought a direction to the Ministry of Finance to produce records relating to the selection and appointment of Presiding Officers in DRTs to evaluate the government's seriousness in addressing these vacancies. It also sought a direction to the Centre to mandate the timely filling up of existing vacancies and establish mechanisms to prevent delays in future appointments.

Pil Sc Issues  tribunals  sc  issues  debt  drts  timely  presiding  pil  centre  direction  recovery  institutions  sought  officers  notice  prevent  vacancies

History of this topic

'11 DRTs Have No Presiding Officers': Supreme Court Seeks Union's Response On PIL To Fill Up Vacancies
1 month ago

'11 DRTs Have No Presiding Officers': Supreme Court Seeks Union's Response On PIL To Fill Up Vacancies

Live Law  

The Supreme Court today sought a response from the Union of India in a Public Interest Litigation seeking filling of pending appointments of Presiding Officers in the Debt Recovery Tribunals. As per the plea, out of 39 Debts Recovery Tribunals in the Country, nearly one third- 11 DRTs are without Presiding Officers as of September 30. Issue a writ in …

Union Govt’s Duty To Ensure Fully Functional DRTs On Unhindered Basis, Non-Availability Renders Litigants Remediless: Delhi High Court
1 year, 8 months ago

Union Govt’s Duty To Ensure Fully Functional DRTs On Unhindered Basis, Non-Availability Renders Litigants Remediless: Delhi High Court

Live Law  

The Delhi High Court has observed that it is the duty of the Union Ministry of Finance to ensure that the Debt Recovery Tribunals in the national capital are fully functional on an unhindered basis as their non-availability renders litigants remediless. A division bench of Justice Najmi Waziri and Justice Sudhir Kumar Jain observed that pro-active measures are expected in …

Practical Solution Needed At Earliest To Address Issue Of Frequent Vacancy In DRTs: Delhi High Court
1 year, 8 months ago

Practical Solution Needed At Earliest To Address Issue Of Frequent Vacancy In DRTs: Delhi High Court

Live Law  

The Delhi High Court has taken note of the issue of “frequent vacancy” arising in the national capital's Debt Recovery Tribunals, observing that the issue needs consideration and a practical solution has to be found at the earliest.A division bench of Justice Najmi Waziri and Justice Sudhir Kumar Jain noted that out of the three DRTs in Delhi, only two …

Cases Above Rs.100 Crores: Finance Ministry Notifies Exclusive DRT Benches
2 years, 2 months ago

Cases Above Rs.100 Crores: Finance Ministry Notifies Exclusive DRT Benches

Live Law  

The Ministry of Finance has issued a notification dated 04.10.2022, whereby the jurisdiction of Debt Recovery Tribunal has been revised. The notification has been released under Section 3 of the Recovery of Debts and Bankruptcy Act, 1993 and in supersession of the notifications of the Government of India, vide numbers G.S.R. 395 dated the 29.05.2007 and S.O.3065 dated the 26.09.2016, …

'Central Govt Has Shown Scant Regard To Hardships Of Litigants': Kerala High Court On Absence Of DRT Presiding Officer
2 years, 10 months ago

'Central Govt Has Shown Scant Regard To Hardships Of Litigants': Kerala High Court On Absence Of DRT Presiding Officer

Live Law  

The Kerala High Court recently expressed serious concerns regarding the non-availability of the adjudicatory mechanism of Debts Recovery Tribunal in the State for over ten months despite its efforts to kick start its functioning.Justice Bechu Kurian Thomas observed that when the fundamental right to have access to justice is denied due to the absence of Presiding Officers of the forum. …

Centre clears appointment of 5 tribunal chiefs
2 years, 10 months ago

Centre clears appointment of 5 tribunal chiefs

Hindustan Times  

The Appointments Committee of the Cabinet has cleared the proposal of the Department of Financial Services for the appointment of chairpersons in all five Debts Recovery Appellate Tribunals, Live Law reported. The appointments came a day after the Supreme Court expressed anguish over the ‘knee jerk’ actions in filling up vacant posts in various tribunals. The appointments came a day …

Centre Clears Appointments Of Chairpersons In All Five 'Debt Recovery Appellate Tribunals' (DRATs)
2 years, 10 months ago

Centre Clears Appointments Of Chairpersons In All Five 'Debt Recovery Appellate Tribunals' (DRATs)

Live Law  

The Appointments Committee of the Cabinet has approved the proposal of the Department of Financial Services for the appointment of Chairpersons in all the Fiver DRATs.The following persons have been appointed as chairpersons in the salary of Rs.2,50,000/- p.m., for a period of 04 years, or till attaining the age of 70 years, or until further. DRAT, Mumbai Justice Ashok …

Consider Deputing Member From Subordinate Judiciary As A Stop Gap Arrangement Till Appointments Are Made In DRTs: Delhi HC To Centre
3 years ago

Consider Deputing Member From Subordinate Judiciary As A Stop Gap Arrangement Till Appointments Are Made In DRTs: Delhi HC To Centre

Live Law  

The Delhi High Court has asked the Centre to consider the option of deputing a judicial member from subordinate judiciary as a stop gap arrangement till the appointments in Debt Recovery Tribunals in the city are made in pursuance of the selection process. till the appointments are made in pursuance of the selection process in undertaken, request the High Court …

'Headless, Defunct Without Qualified Incumbents': Delhi High Court Expresses Dismay Over Delay In Filling Up DRT Vacancies
3 years, 4 months ago

'Headless, Defunct Without Qualified Incumbents': Delhi High Court Expresses Dismay Over Delay In Filling Up DRT Vacancies

Live Law  

The Delhi High Court recently condemned the delay by the Central Government in appointing Presiding officers to Debt Recovery Tribunals across the country, and sought the Department's response in this regard within a week. A Division Bench of Justice Vipin Sanghi and Justice Jasmeet Singh remarked as such:".the real problem being faced by the DRTs today is that they are …

Exclusion Of Advocates From Post Of DRT & DRAT Presiding Officers Challenged; Supreme Court Seeks Centre's Response
3 years, 4 months ago

Exclusion Of Advocates From Post Of DRT & DRAT Presiding Officers Challenged; Supreme Court Seeks Centre's Response

Live Law  

The Supreme Court on Monday sought the Centre's response in a plea challenging the exclusion of Advocates from being eligible for the post of Presiding Officer and Chairman, Debts Recovery Tribunals and Debts Recovery Appellate Tribunals under the Tribunal, Appellate Tribunal and other Authorities Amendment Rules, 2021. A Division Bench comprising Justice L Nageswara Rao and Justice Aniruddha Bose issued …

Centre Cannot Give Charge of a Debt Recovery Tribunal of One State to Presiding Officer of Another State: Kerala High Court
3 years, 6 months ago

Centre Cannot Give Charge of a Debt Recovery Tribunal of One State to Presiding Officer of Another State: Kerala High Court

Live Law  

The Division Bench comprising of Chief Justice S Manikumar and Justice Shaji P Chaly ruled that the Centre cannot give the charge of a Debt Recovery Tribunal of one state to the Presiding Officer of another State. The appeal was filed by Kerala Fashion Jewellery, challenging the order issued by a Single Bench of this Court that upheld a notification …

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