Debts Due
to Banks and Financial Institutions Act, 1993 (for short, RDDBFI Act).
8 Respondent No.4 in August, 2001 filed original application
bearing ... file proceeding before the Debts Recovery Tribunal
(DRT) under the RDDBFI Act. The Apex Court has set aside the said
judgment.
10 In the meantime
judgments have taken a view that the remedy executed under the RDDBFI Act is an additional remedy and the DRT is an additional Forum ... financial institutions as the provisions of the RDDBFI Act is not inconsistent with the statutes under which the financial institutions are created. In this view
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