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debt recovery tribunals

14 September 2015

A total of 2,273 cases were disposed of and a settlement amount of over Rs. 28.37 crore was awarded to claimants by various Delhi courts during the seventh monthly National Lok Adalat held on Saturday.

A Delhi State Legal Services Authority spokesperson said 40 benches were constituted in which 2,236 cases were disposed of pertaining to traffic challans, criminal compoundable cases and a settlement amount of Rs 16,28,18,058 was awarded to claimants.

It was the seventh monthly Lok Adalat organised in district court complexes -- Tis Hazari, Karkardooma, Patiala House, Saket, Rohini and Dwarka -- under the supervision of Delhi high court Chief Justice G Rohini.

Lok Adalats were organised in all the three debt recovery tribunals where 23 cases were disposed off and the settlement amount was approximately Rs 11,38,89,204.

Lok Adalats were also organised in district consumer forums in which three benches were constituted. Fourteen cases were settled and the settlement amount was Rs 69,30,025.

28 March 2012

LI and Mint, together every fortnightMint-LI: The number of pending cases at India’s debt recovery tribunals (DRT) has increased by almost 70% in about a year, with the economic slowdown affecting the repaying capacity of borrowers and thus worsening the asset quality of banks.