Debt Recovery Tribunals in India : The Legal Framework

This aim of this research paper is two-fold: firstly, to study the functioning of the Debt Recovery Tribunals and secondly, to analyze the laws of the Debt Recovery Tribunals in India. For the sake of convenience, this paper has been divided into eleven parts, each dealing with the issue(s) separately. The paper starts with the introductory discussion on the Debt Recovery Tribunals and the related aspects of it. Further, the laws of the Debt Recovery Tribunals and the importance of recovery have been discussed in the light of the dicta of Indian Judiciary. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and the concept of Non-Performing Assets have also been discussed in the paper