How do I make a DRT payment?
a) Select DRT where you wish to file document or pay Deficit Court Fee as per the jurisdiction. b) On selection of DRT, main menu will appear that shall facilitate links for Document Filing /Deficit Court Fee Payment. c) Choose Document Filing/Fee Payment Menu near logout menu.
Where do I appeal against the order of the drat?
Appeal to Appellate Tribunal. —(1) Any person aggrieved, by any order made by the Debts Recovery Tribunal under section 17, may prefer an appeal along with such fee, as may be prescribed to an Appellate Tribunal within thirty days from the date of receipt of the order of Debts Recovery Tribunal.
What is drat in court?
Debt Recovery Tribunals were created to facilitate the speedy recovery of debt payable to banks and other financial institutions by their customers. A person or entity aggrieved by orders of the DRT can appeal against its orders to Debt Recovery Appellate Tribunal (DRAT). …
What is the limit of debt recovery tribunal?
Rs.20 lakh
The Act is applicable to cases where the amount of debt due to any bank or financial institution defined under the Act or a consortium of banks or financial institutions is Rs. 20 lakh or more.
How can I pay Bharatkosh bill?
Steps for making online CGHS subscription: Click on Quick Payment. In Ministry/Department, select 017- HEALTH & FAMILY WELFARE, Purpose – CGHS Subscriptions, Payment type – CGHS Subscriptions and click NEXT. Fill in the Depositer’s Details. Select the mode of payment and click NEXT.
What is the difference between DRT and sarfaesi act?
The first basic point of difference between the two tribunals is that DRT is regulated by SARFAESI Act and its Parent Act i.e. the DRT Act, on the other hand NCLT is regulated by the Companies Act and IBC.
What is the maximum amount of fee payable for filing a recovery case with the debt recovery tribunal?
The application shall be filed by the applicant with the Registrar within whose jurisdiction the applicant is functioning as a bank or financial institution, as the case may be, for the time being. Rs. 1,000 for every one lakh, subject to a maximum of Rs. 1,50,000.
What is the minimum outstanding amount of NPA loan for which the provision of sarfaesi Act are applicable?
Rs.1 lakh
The provisions of this Act apply to outstanding loans above Rs. 1 lakh, which are classified as NPAs. The SARFAESI Act isn’t applicable for: The NPA loan accounts amounting to less than 20% of the principal and interest.
How many DRTs are there in India?
32 DRTs
There are currently 32 DRTs in India in 22 unique locations. Some cities have multiple DRTs to deal with the inflow of large number of filings of applications.
What is the full form of Drat?
DEBTS RECOVERY APPELLATE TRIBUNALS (DRATs) DEBTS RECOVERY TRIBUNALS (DRTs)
How many debt recovery tribunals are there in India?
There are 39 DRTs, besides five Debts Recovery Appellate Tribunals that are single-member bodies.
What is NTRP PFMS?
NTRP is a Non-Tax Receipt platform of the GoI mandated to receive all non-tax receipts pertaining to the Central Government ministries. Users can make payment at NTRP portal with or without having login credentials and can make payment for the Swachh Bharat Kosh, common receipt to GoI and Non-Registered Users.