DRT Address DRT Contact Number DRAT Address DRAT Contact Number

DRT Address DRT Contact Number DRAT Address DRAT Contact Number

DRAT Address DRAT Contact Number

Sl. No.	DRAT Name	Address	Contact No.	email ID
1	DRAT Allahabad	147-A-58/1, Jawahar Lal Nehru Road, Tagore Town, Allahabad - 211002	0532-2467671 2467670	dratallahabad-dfs@nic.in
2	DRAT Chennai	7th Floor, Additional Office Building, Shastri Bhavan, Haddows Road, Nungambakkam, Chennai –600006	044-28311296	dratchennai-dfs@nic.in
3	DRAT Delhi	Apartment No.318, 3rd Floor, Hotel Samrat, Kautilya Marg, Chanakyapuri, New Delhi-110021	011-24106692	dratdelhi-dfs@nic.in
4	DRAT Kolkata	9 Old Post Office Street, 7th Floor, Kolkata – 700001 (West Bengal)	033-22627740	dratkolkata-dfs@nic.in
5	DRAT Mumbai	1st Floor, Telephone Bhavan, Strand Road, Colaba Market, Mumbai – 400005	022- 20820916 22642360	dratmumbai-dfs@nic.in

DRT Address DRT Contact Number

Sl. No.	DRT Name	Designation	Contact No.	email ID
1	DRT -I Ahmedabad	2nd Floor, Bhikhubhai Chamber, 18 Gandhi Kunj Society, Near Kochrab Ashram, Ellisbridge,, Ahmedabad - 380 006.	079-26587045	drt1ahmedabad-dfs@nic.in
2	DRT -II Ahmedabad	3rd Floor, Bhikhubhai Chamber, 18 Gandhi Kunj Society, Near Kochrab Ashram, Ellisbridge,, Ahmedabad - 380 006.	079-26579342	drt2ahmedabad-dfs@nic.in
3	DRT Allahabad	9/2 A, Pannalal Road, Allahabad - 211002	0532-2256121 2256634	drtallahabad-dfs@nic.in
4	DRT Aurangabad	Ground Floor, Jeevan Suman LIC Building, Plot No.3, N-5, CIDCO, Aurangabad - 431003	0240-2473612	drtaurangabad-dfs@nic.in
5	DRT-I Bangalore	No.4, Residency Road, LIC Jeevan Mangal Building, Hayes Road, Bangaluru - 560025	080-22273036	drtbangalore-dfs@nic.in
6	DRT-II Bangalore	No.4, Residency Road, LIC Jeevan Mangal Building, Hayes Road, Bangaluru - 560025	080-22278922	sodrt2.bngu-dfs@gov.in
7	DRT-I, Chandigarh	SCO No.33-34-35, ,2nd Floor, Sector - 17A, Chandigarh - 160017	0172-2545157 0172-2545172	drt1chandigarh-dfs@nic.in
8	DRT-II, Chandigarh	SCO No.33-34-35, 1st Floor, Sector - 17A, Chandigarh-160017	0172-2724741 2724742	drt2chandigarh-dfs@nic.in
9	DRT-III, Chandigarh	SCO No. 33-34-35, Ground Floor, Sector - 17A, Chandigarh - 160017	0172-2545158	drt3.chd-dfs@gov.in
10	DRT - I Chennai	6th Floor, Dewa Towers, No. 770A, Anna Salai,Chennai -600 002.	9444249777	drt1chennai-dfs@nic.in
11	DRT - II Chennai	4th Floor, Dewa Towers, No. ,770A, Anna Salai,Chennai -600 002.	044-28498014	drt2chennai-dfs@nic.in

12	DRT -III Chennai	5th Floor, Dewa Towers, No. 770A, Anna Salai,Chennai -600 002.	044-28498184	cdrt3@nic.in
13	DRT Coimbatore	2nd& 3rd Floor, Jawan’s Bhawan, 27, Travelers Bunglow Road, Coimbatore – 641018. (Tamilnadu)	0422-2303009	drtcoimbatore-dfs@nic.in
14	DRT Cuttack	Plot No..C-71, Sector-7, CDA, Cuttack-753014, (Odisha)	0671-2503088	drtcuttak-dfs@nic.in
15	DRT-I Delhi	4th Floor, Jeevan Tara Building , Parliament Street, New Delhi - 110001	011-23748473	drt1delhi-dfs@nic.in
16	DRT-II Delhi	4th Floor, Jeevan Tara Building , Parliament Street, New Delhi - 110001	011-23748478	drt2delhi-dfs@nic.in
17	DRT-III Delhi	4th Floor, Jeevan Tara Building , Parliament Street, New Delhi - 110001	011-23748469	drt3delhi-dfs@nic.in
18	DRT Dehradun	2nd Floor, Paras Tower,MajraNiranjanpur, Saharanpur Road, Dehradun - 248001	0135-2720854	drtdehradun-dfs@gov.in
19	DRT-I Ernakulum	5th& 8thFloor, Kshb Building, Panampilly Nagar, Kochi - 682036	0484-2 324900	drternakulam-dfs@nic.in
20	DRT-II Ernakulum	1st& 8thFloor, Kshb Building, Panampilly Nagar, Kochi - 682036	0484-2324903	drt2ekm-dfs@gov.in
21	DRT Guwahati	Swarna Bhawan, House No. 12, New Town Path, Near Hanuman Mandir, G.S Road, Ulubari, Guwahati, 781007 (Assam)	0361-2970680	drtguwahati-dfs@nic.in
22	DRT - I Hyderabad	3rd Floor, Triveni Complex, Abids, Hyderabad, Telangana – 500001	040-24750024	drthyderabad-dfs@nic.in
23	DRT - II Hyderabad	1st Floor, Triveni complex, Abids, Hyderabad, Teangana– 500001	040-24756463	drt2hyd-dfs@nic.in
24	DRT Jabalpur	797 / 2, Shanti Kunj, South Civil Lines, Jabalpur - 482001	0761-2677495	drtjabalpur-dfs@nic.in
25	DRT Jaipur	1st Floor, Sudharma- II, Lal KothisShopping Centre, Tonk Road, Jaipur - 302015	0141-2742678	drtjaipur-dfs@nic.in
26	DRT-I Kolkata	9th Floor, Jeevan Sudha Building, 42-C, Jawaharlal Nehru Road, Kolkata–700071	033-22885582	drt1kolkata-dfs@nic.in
27	DRT-II Kolkata	7th Floor, Jeevan Sudha Building, 42-C, Jawaharlal Nehru Road, Kolkata – 700071	033-22881370	drt2kolkata-dfs@nic.in
28	DRT-III Kolkata	8th Floor, Jeevan Sudha Building, 42-C, Jawaharlal Nehru Road, Kolkata – 700071Nehru Road,	033-22884743	drt3kolkata-dfs@nic.in
29	DRT Lucknow	600/1, University Road, Near Hanuman SetuMandir, Lucknow - 226001	0522-4091205	drtlucknow-dfs@nic.in
30	DRT Madurai	3rd & 4th Floor, 4/162, Kalyani Towers, MelurRaod, Udhangudi, Madurai - 625107.	0452-2423069	drtmdu@nic.in

31	DRT-I Mumbai	2nd Floor, MTNL Bhawan, Strand Road, Colaba Market, Colaba, Mumbai- 400005	022-22612285	drt1mumbai-dfs@nic.in
32	DRT-II Mumbai	3rd Floor, MTNL Bhawan, Strand Raod, Colaba Market, Colaba, Mumbai-400005	022-22665472	drt2mumbai-dfs@nic.in
33	DRT -III Mumbai	1st floor, MTNL Telephone Exchange Building, Sector – 30A, Near Raghuleela Mall, Vashi, Navi Mumbai-400703	022-27812350	drt3mumbai-dfs@nic.in
34	DRT Nagpur	2nd floor, B- Block, CGO Complex, Seminary hills, Nagpur- 440006	0712-2510122	drtnagpur-dfs@nic.in
35	DRT Patna	2nd Floor, A,B & F Wing, Karpuri Thakur Sadan, KendriyakaramchariParisar (GPOA), AshianaDigha Road, Patna - 800025	0612-2565945	drtpatna-dfs@nic.in
36	DRT Pune	Unit No. 307 to 310 Kakade Biz Icon Building 3rd Floor, Shivajinagar, Pune 411016	020-25534253	drtpune-dfs@nic.in
37	DRT Ranchi	5th Floor, Pragati Sadan, RRDA Building, Kutchery Chowk, Ranchi 834001	0651-2214251	drtranchi-dfs@nic.in
38	DRT Siliguri	2nd Floor, PCM Tower, 2nd Mile, Sevoke Road, Siliguri- 734 001 (West Bengal)	0353-2542562	drt.slg-dfs@gov.in
39	DRT Visakhapatnam	1st and 2nd Floor, Sri Narayana Bhawan, 31-31-21, Sai Baba Street, Dabagardens, Vishakhapatnam - 530020	0891-2752041	drtvpatnam-dfs@nic.in

 DRT Address DRT Contact Number DRAT Address DRAT Contact Number

Debts Recovery Tribunals, DRT Structure and Processes of Recovery

Debts Recovery Tribunals, DRT Structure and Processes of Recovery

The Debts Recovery Tribunal (DRT) is a specialized forum established in India for the speedy recovery of debts due to banks and financial institutions. The DRTs operate under the jurisdiction of the Debts Recovery Appellate Tribunal (DRAT) and the jurisdiction of the High Court.

The DRT has the following structure:

1. President: A judicial officer appointed by the central government
2. Members: Administrative and technical members appointed by the central government

The DRT process is as follows:

1. Filing of a claim: A bank or financial institution can file a claim in the DRT if they are unable to recover a debt from a borrower.
2. Issuance of summons: Upon the filing of a claim, the DRT will issue a summons to the borrower to appear before the tribunal and contest the claim.
3. Hearing: The DRT will hold a hearing, where both the bank or financial institution and the borrower can present their case and evidence.
4. Order: Based on the hearing, the DRT will issue an order, which could be in favor of the bank or financial institution, directing the borrower to repay the debt, or in favor of the borrower, dismissing the claim.
5. Appeal: Either party can file an appeal against the DRT order in the DRAT within a specified time frame.

Note: The DRT process is governed by the Recovery of Debts Due to Banks and Financial Institutions Act, 1993.

Debts Recovery Tribunals Processes of Recovery

The process of recovery through Debts Recovery Tribunals (DRTs) in India involves the following steps:

1. Filing of a claim: The bank or financial institution files a claim in the DRT for recovery of a debt.
2. Issuance of summons: The DRT issues a summons to the borrower, directing them to appear before the tribunal and contest the claim.
3. Hearing: Both the bank or financial institution and the borrower present their case and evidence during the hearing.
4. Order: Based on the hearing, the DRT issues an order, directing the borrower to repay the debt or dismissing the claim.
5. Execution of the order: If the order is in favor of the bank or financial institution, they can move forward with the execution of the order, which involves recovering the debt from the borrower. This can be done through various methods such as attachment of assets, sale of assets, or garnishing of wages.
6. Appeal: Either party can file an appeal against the DRT order in the Debts Recovery Appellate Tribunal (DRAT) within a specified time frame.

Note: The DRT process of recovery is governed by the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 and is aimed at providing a speedy and efficient mechanism for the recovery of debts by banks and financial institutions.

Recovery Process & Enforcement Of Security Interest In India

The recovery process and enforcement of security interest in India is governed by the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.

The process of recovery and enforcement of security interest under SARFAESI Act is as follows:

1. Issuance of Demand Notice: The bank or financial institution issues a demand notice to the borrower, informing them of their default and giving them an opportunity to pay the overdue amount within 60 days.
2. Issuance of Notice of Intention to Enforce Security Interest (NIESI): If the borrower does not pay the overdue amount, the bank or financial institution can issue a NIESI, informing the borrower of their intention to enforce the security interest.
3. Attachment of Assets: The bank or financial institution can attach the assets pledged as security for the loan, such as immovable property, machinery, or stock-in-trade.
4. Sale of Assets: The attached assets can be sold through public auction or private treaty to recover the overdue amount.
5. Appointment of Authorized Officer: The bank or financial institution can appoint an authorized officer to take possession of the attached assets and manage the sale process.
6. Appeal: The borrower can file an appeal against the NIESI or the sale of assets in the Debts Recovery Tribunal (DRT) within 45 days of receipt of the NIESI.

Note: The SARFAESI Act provides a simplified and expeditious mechanism for banks and financial institutions to recover their debts and enforce their security interests without the intervention of courts.

Debts Recovery Tribunal (DRT) – Application Procedure

The procedure for filing a claim in the Debts Recovery Tribunal (DRT) in India is as follows:

1. Preparation of the claim: The bank or financial institution preparing the claim must ensure that they have all the necessary documents, including the loan agreement, security documents, and evidence of default by the borrower.
2. Filing of the claim: The bank or financial institution files the claim in the DRT where the borrower resides or carries on business.
3. Payment of fees: The bank or financial institution must pay the prescribed fees for filing the claim, which can vary based on the amount of the claim.
4. Issuance of Summons: Upon filing the claim, the DRT will issue a summons to the borrower, directing them to appear before the tribunal and contest the claim.
5. Service of Summons: The summons must be served on the borrower in a manner specified by the DRT rules.
6. Hearing: The DRT will hold a hearing, where both the bank or financial institution and the borrower can present their case and evidence.
7. Order: Based on the hearing, the DRT will issue an order, which could be in favor of the bank or financial institution, directing the borrower to repay the debt, or in favor of the borrower, dismissing the claim.

Note: The DRT process is governed by the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 and is aimed at providing a speedy and efficient mechanism for the recovery of debts by banks and financial institutions.