Our advocates are enrolled to appear before the courts and tribunals across the Tricity and the states of Punjab and Haryana — so your matter is argued locally, by counsel who practise here every week.
Applications by banks and borrowers under the RDDBFI Act and SARFAESI Act are heard before the Debt Recovery Tribunal (DRT) at Chandigarh, with appeals lying to the Debt Recovery Appellate Tribunal (DRAT) at Delhi.
Yes. A borrower aggrieved by measures under Section 13(4) of the SARFAESI Act — including a possession notice — can file a Securitisation Application under Section 17 before the DRT, generally within 45 days. We assess the notice and act quickly to protect the asset.
We advise and represent both lenders and borrowers, subject to conflict-of-interest checks in each matter. This gives our clients the advantage of counsel who argues these issues from both sides.
An OTS is a negotiated, discounted settlement of an outstanding loan with the lender, usually to avoid or close recovery proceedings. We negotiate OTS terms with banks and document the settlement so both sides are protected.
Tell us about your matter and an enrolled advocate will review it and advise you on the way forward.