Banking & Finance Law (DRT)
Expert representation in banking and financial matters before Debt Recovery Tribunals
Expert Banking & Finance Law Representation
Our banking and finance law practice specializes in complex financial disputes, debt recovery matters, and SARFAESI proceedings. We represent both financial institutions and borrowers before Debt Recovery Tribunals (DRT) and other specialized forums, ensuring comprehensive protection of our clients' financial interests.
With deep expertise in banking laws, recovery mechanisms, and financial regulations, we provide strategic legal solutions for loan defaults, asset recovery, debt restructuring, and complex banking disputes while maintaining the highest standards of professional excellence.
Time-Sensitive Matters
Banking and recovery proceedings have strict timelines. Contact us immediately upon receiving any legal notices or recovery actions.
Why Choose Our Banking Law Services?
- Specialized expertise in DRT and DRAT proceedings
- Deep understanding of SARFAESI and recovery laws
- Strategic approach to debt restructuring and settlement
- Proven track record in banking litigation
- Comprehensive financial law advisory services
Our Banking & Finance Law Services
SARFAESI Proceedings
Expert representation in SARFAESI Act proceedings for asset recovery and borrower protection.
- SARFAESI notice challenges
- Asset attachment and auction matters
- Valuation disputes
- Possession and sale objections
- Security interest enforcement
- Borrower rights protection
Debt Recovery Tribunal (DRT)
Comprehensive representation before Debt Recovery Tribunals for banking and financial disputes.
- Recovery suit defense
- Counter-claims and set-off
- Loan restructuring negotiations
- Settlement agreements
- Appeal proceedings before DRAT
- Execution and recovery matters
Banking Disputes & Litigation
Strategic representation in complex banking and financial litigation matters.
- Loan default and NPA matters
- Guarantee and security disputes
- Banking fraud cases
- Credit facility disputes
- Mortgage and hypothecation issues
- Banking ombudsman matters
Financial Advisory & Compliance
Comprehensive legal advisory services for banking and financial compliance.
- Loan documentation review
- Security creation and perfection
- Regulatory compliance advice
- Due diligence services
- Risk assessment and mitigation
- Financial restructuring advice
Banking Laws We Handle
Recovery Laws
- Recovery of Debts Due to Banks and Financial Institutions Act (RDDBFI)
- Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI)
- Insolvency and Bankruptcy Code (IBC)
- Transfer of Property Act
- Indian Contract Act
- Negotiable Instruments Act
Banking Regulations
- Banking Regulation Act, 1949
- Reserve Bank of India Act, 1934
- Foreign Exchange Management Act (FEMA)
- Prevention of Money Laundering Act (PMLA)
- Credit Information Companies Regulation Act
- Deposit Insurance and Credit Guarantee Corporation Act
Frequently Asked Questions
What is SARFAESI and how does it work?
SARFAESI Act allows banks and financial institutions to recover secured debts without court intervention by taking possession and selling secured assets.
Can I challenge a SARFAESI notice?
Yes, borrowers can challenge SARFAESI notices before DRT within 45 days on various grounds including procedural violations and valuation disputes.
What is the role of Debt Recovery Tribunal (DRT)?
DRT handles recovery suits by banks for amounts above ₹20 lakhs and also hears appeals against SARFAESI actions by borrowers.
How long do DRT proceedings take?
DRT proceedings typically take 1-3 years depending on case complexity, though the tribunal aims to dispose of cases within 180 days.
Can loan settlements be negotiated during proceedings?
Yes, settlements can be negotiated at any stage. We help clients achieve favorable settlement terms that protect their interests and assets.
What are the costs involved in DRT proceedings?
Costs include court fees (typically 5% of claim amount), legal fees, and other expenses. We provide transparent cost estimates upfront.
Facing Banking or Financial Disputes?
Don't let banking disputes or recovery actions overwhelm you. Get experienced legal representation that protects your financial interests and achieves favorable outcomes.