(a) whether the number of Debt Recovery Tribunals are far too less in comparison
with the number of cases pending in them; and
(b) if so, the steps taken for establishing more DRTs?
(a) whether the number of Debt Recovery Tribunals are far too less in comparison
with the number of cases pending in them; and
(b) if so, the steps taken for establishing more DRTs?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALA3AHEB VIKHE PATH):
(a) and (b) Under the Recovery of Debts due to Banks and Financial Institutions Act, 1993,
initialy, 10 Detbs Recovery Tribunals (DRTs) at Calcutta, Delhi, Jaipur, Bangalore,
Ahmeclabad. Chennai, Mumbai, Jabalpur, Guwahati and Patna and one Debts Recovery Appellate
Tribunal (DRAT) at Mumbai were established. Keeping in view the workload on the existing
Tribunals, Government has decided to establish 5 more additional DRTs at Hyderabad,
Chandigarh, Ernakulam, Allahabad and Cuttack and 4 more additional DRATs at Chennai,
Calcutta, Aiiahabad and Delhi. Out of these additional Tribunals, DRTs at Hyderbad and
Ernakulam and DRAT at Chennai have so far been established. Establishment of remaining
additional tribunals is, under process.