maintaining an account in which debt claimed is outstanding for the time being.] (2) [ The Debts Recovery Tribunal shall consider whether any of the measures ... Recovery of Debts Laws (Amendment) Act, 2004 ( 30 of 2004 ), Section 10, (w.e.f. 11-11-2004)] (3) [ If, the Debts Recovery Tribunal, after
right upon the borrower to prefer an application to the Debts Recovery Tribunal under section 17 or the Court of District Judge under section ... form and manner as may be prescribed to the Debts Recovery Tribunal having jurisdiction or a competent Court, as the case may be, for recovery
amount of debt due from him, as claimed by the secured creditors or determined by the Debts Recovery Tribunal, whichever is less: Provided also that ... Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004, an appeal to the Debts Recovery Tribunal or the Appellate Tribunal under this
into force of the Recovery of Debts due to
Banks and Financial Institutions Act and establishment of
Debt Recovery Tribunals the success in recovery ... quick relief from the normal
procedure of laws. The recovery through Debt Recovery
Tribunals was also insignificant. Based on the
recommendations of the Narasimham Committee
suit or proceeding in respect of any matter which a Debts Recovery Tribunal or the Appellate Tribunal is empowered by or under this ... power conferred by or under this Act or under the Recovery of Debts Due to Banks and Financial Institutions
Recovery
Tribunal, on an application made by it, withdraw the
application, whether made before or after the
Enforcement of Security Interest and Recovery of Debts ... Recovery of Debts Due to Banks and Financial
Institutions Act, 1993.
3. Fee for filing of an appeal to Debts Recovery
Tribunal
from the Debt Recovery Tribunal,
some properties of the company have been sold by the
Recovery Officer. Appellant contends that the Tribunal
under ... recovery of debts
due to Banks or financial institutions. Once the Tribunal
passes an order that the debt is due, the Tribunal has to
issue
Tribunal means a Debts Recovery Appellate Tribunal established under sub-section (1) of section 8 of the Recovery of Debts Due to Banks and Financial ... asset;] (i) Debts Recovery Tribunal means the Tribunal established under sub-section (1) of section 3 of the Recovery of Debts Due to Banks
Recovery Tribunal, on an application made by it, withdraw the application, whether made before or after the Enforcement of Security Interest and Recovery of Debts ... payment of debt with interest under his signature to the Recovery Officer for recovery of the amount of debt specified in the certificate.] [Substituted
which the execution proceeding was transferred to the
Debt Recovery Tribunal, Chandigarh (hereinafter referred to as the
'Tribunal'), for being disposed ... Admittedly, the Debt Recovery Tribunal, Chandigarh was established
in 1993 and hence after 1993 the exclusive jurisdiction regarding recovery of
debts pertaining to which
