Debts Due to
Banks and Financial Institutions Act, 1993 ( for short „ DRT Act,
1993 ‟) without jurisdiction as held by this Court in CWJC ... DRT Act,1993 for realization of the dues for which notice
under Section 13(4) of the Act was published under the
SARFAESI Act . After
Bank against the respondent stood
transferred to the DRT in view of Section 31 of DRT
Act as the DRT came into existence ... debt has been
transferred to the DRT in view of Section 31 of the
DRT Act with effect from
Debts Due to
Banks and Financial Institutions Act, 1993 ( for short „ DRT Act,
1993 ‟) without jurisdiction as held by this Court in CWJC ... DRT Act,1993 for realization of the dues for which notice
under Section 13(4) of the Act was published under the
SARFAESI Act . After
Act, 1993( for short " DRT Act "). It is contended that
since the Companies Act, 1956 and DRT Act both confers certain rights ... even if the Companies Act is treated to be a
general Act, the latter and Special Act i.e. DRT Act , will prevail
Debts Due to
Banks and Financial Institutions Act, 1993 ( for short „ DRT Act,
1993 ‟) without jurisdiction as held by this Court in CWJC ... DRT Act,1993 for realization of the dues for which notice
under Section 13(4) of the Act was published under the
SARFAESI Act . After
DRT Act . Any recourse to the provisions of the Companies Act , which is a general Act, would defeat the purpose of the DRT Act ... special enactment i.e., DRT Act . The Companies Act is a general Act and does not prevail over the DRT Act . Even if the Companies
Financial
Assets and Enforcement of Security Interest Act, 2002 (SARFAESI
Act ). It was ruled that the DRT constituted under the RDDBFI Act
has jurisdiction ... initiated under Section 13 of the Act are
challenged. The Act had been enacted in 2002, whereas the DRT
Act had been enacted
DRT Act or Securitisation Act , the provisions
contained in those Acts cannot override other legislations. Section
38C of the Bombay Act and Section ... DRT Act and
Securitisation Act on the one hand and Section 38C of the Bombay Act
and Section 26B of the Kerala Act
Enforcement of Security Interest Act, 2002 (SARFAESI ACT) could be
filed not only in the Debt Recovery Tribunal (DRT) having jurisdiction
where the mortgaged property ... DRT
which has issued the Certificate, the DRT is required to send a copy of the
Certificate for execution to the DRT within whose jurisdiction
Banks and Financial Institutions Act, 1993 (for short, 'the DRT Act ') and
Rule 6 of the Debts Recovery Tribunal (Procedure) Rules ... mean the Tribunal established under
Section 3(1) of the DRT Act.
10. Section 3 of the DRT Act provides that the Central Government
