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Showing contexts for: FUNCTIONING OF DRT in R.Prabakaran vs Union Of India on 26 June, 2008Matching Fragments
15. One of the submissions was made that the impugned Notification is against Rule 6 of the DRT (Procedure) Rules, 1993, but such submission cannot be accepted, as the said Rule 6 deals with place of filing of application, which is to be filed by the applicant-Bank with the Registrar of the DRT within whose jurisdiction the Bank or the financial institution is functioning. Apart from the fact that this problem is of the Bank and financial institution, and not of the borrower, it is the Bank/financial institution to move the DRT under whose jurisdiction the Bank/financial institution is situated.