Debt Recovery Tribunal (DRT)
Focused Legal Representation in Debt Recovery and Financial Disputes
The Debt Recovery Tribunals (DRTs) play a central role in the enforcement of debts due to banks and financial institutions under the Recovery of Debts and Bankruptcy Act, 1993 and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. At Sterling & Partners, we provide comprehensive legal services to banks, NBFCs, corporate borrowers, and guarantors before DRTs across India, with a focused presence in New Delhi.
We understand the urgency, sensitivity, and commercial implications involved in debt recovery proceedings and offer end-to-end legal support—from initiating original applications to defending borrower rights and securing interim protections.
Our Expertise in DRT Matters:
- Original Applications (OAs) by Banks & Financial Institutions: Drafting, filing, and arguing recovery applications under the RDB Act for enforcement of secured and unsecured loans.
- Defence for Borrowers and Guarantors: Representing clients against recovery proceedings, attachment orders, and property possession initiated by lenders.
- SARFAESI Act Proceedings: Legal challenges to notices issued under Section 13(2) and actions under Section 13(4), including possession and sale of assets.
- Interim Reliefs and Injunctions: Filing applications to stay coercive recovery measures, protect business continuity, and safeguard property rights.
- One-Time Settlements & Restructuring Support: Advising on legal aspects of debt restructuring and negotiating settlements with banks and financial institutions.
- Mediation and Alternative Dispute Resolution: Exploring settlement options within or alongside the DRT framework to ensure efficient resolution.
Why Sterling & Partners is the Best Law Firm for DRT Matters in Delhi
Deep Experience in Debt Recovery Litigation
Our firm has significant expertise in representing both lenders and borrowers in complex recovery proceedings. We understand the technicalities of loan agreements, security documents, and regulatory frameworks that govern DRT cases.
Efficient Case Management
DRT matters often require urgent action and careful tracking of timelines. Our legal team is structured to provide prompt filings, responsive legal strategy, and meticulous document handling.
Balanced Advocacy for Lenders and Borrowers
Whether you are a bank seeking enforcement or a borrower protecting your rights, we offer a balanced, pragmatic legal approach focused on achieving fair and commercially sound outcomes.
Presence in New Delhi with Nationwide Reach
Headquartered in New Delhi, Sterling & Partners regularly appears before DRT Delhi and coordinates with counsels across India to manage multi-jurisdictional litigation efficiently.