Drt application format pdf 2025

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Upload your securitization application drt format to DocHub (after you’ve set up an account for this). If you need to fill out fields in it, use proper tools from the top pane. For instance, drop Signature Fields, assign each to specific person, and click on Sign → Request signatures from others. Change your message for your recipients and click Send Request. You can also send your form by fax or as a Signing link instead of using email (you’ll locate these options by navigating to the Menu → Send)

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The application must include: Details of the loan agreement. Statement of accounts and outstanding balance. Notices served to the borrower. Evidence of default.
The Debt Recovery Tribunal (DRT) is established to settle cases to restore the unpaid amounts of the NPAs (Non Performing Assets). The Banks declare these as per RBI guidelines. Under Section 4 of the Recovery of Debt and Bankruptcy Act-1993, the DRT shall have only one member (called Presiding Officer).
Applications for recovery of debts due to Banks/Financial Institutions. Using the e-filing facility, OA, SA, IA MA can be filed at Debts Recovery Tribunals and Regular Appeals at Appellate Tribunals. It is intended to provide all the necessary information regarding how to use online features of e-DRT Software.
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1 Types of Applications filed in DRTs and DRATs: a) Original Application (OA): OA is filed by the Bank/FI or agent (duly authorised legal practitioner - Advocate) against the borrower under Section 19(2) of the RDB Act, 1993 for recovery of dues to the Bank/ Financial Institution/ ARC.
The Debts recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunal (DRATs) have been established under RDB Act, 1993 with the specific objective of providing expeditious adjudication and recovery of debts due to Banks and Financial Institutions. At present, 39 DRTs and 5 DRATs are functioning across the country.

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