Debt Recovery Tribunals
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Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
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Delhi: Parents Request CM Arvind Kejriwal To Bail Out Set To Be Auctioned Raisina Bengali School
The school had taken a loan of Rs 2 crore from the United Bank of India and after failing to repay the money, the principal and interest now stand at Rs 8 crore. The Debt Recovery Tribunal has ordered that the school will go under the hammer on January 14
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High Courts Told To Take Up Debt Recovery Cases In View Of Vacancies
The Supreme Court on Thursday asked high courts to entertain applications that are filed before the Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) in view of non-filling of vacancies.
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United Breweries Shares Worth Over Rs 5,800 Crore Sold In Vijay Mallya Case
The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma
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Court Orders Nirav Modi, Aides To Pay Over Rs 7,200 Crore, With Interest
The Debt Recovery Tribunal in Pune on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to the defrauded Punjab National Bank.
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Jet Lenders To Approach Debt Recovery Tribunal If Stake Sale Process Fails: Report
Approaching the DRT, as a last option is a major departure from the earlier speculation that the airline will be taken to the NCLT
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Nirav Modi, His Family Served Notices To Recover Rs 7,000 Crore
The Debt Recovery Tribunal (DRT) today sent notice to fugitive jeweller Nirav Modi, his family members and his companies to recover over Rs 7,000 crore in dues.
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Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore
A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.
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Sell Amrapali Group's Commercial Properties, Top Court Directs Tribunal
The Supreme Court on Wednesday appointed state-run company NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm.
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"Is Finance Minister Sleeping?" Court Raps Centre Over Tribunal In Mumbai
The Bombay High Court expressed anger over the non-functioning of the Debts Recovery Tribunal (DRT), the Mumbai premises of which were closed following a fire over a month ago, and sought to know "if the finance minister of the country was sleeping" over the shutdown of a key body.
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Fortis Healthcare Co-Owner Restrained From Selling Properties Over Loan Default
The Delhi Debts Recovery Tribunal (DRT) has restrained former CEO of Ranbaxy Laboratories and the co-owner of Fortis Healthcare, Malvinder Mohan Singh, from selling a posh property in Lutyen's Delhi and some other assets in a bank loan default case.
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Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
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Tribunal To Pronounce Verdict In Vijay Mallya Case On Thursday
DRT Presiding Officer K Sreenivasan said this while hearing an Interlocutory Application pertaining to the case.
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Vijay Mallya Case: Tribunal Reserves Order On Banks Plea For Dues Recovery
This brings the curtains down on nearly three-year legal battle in the tribunal by the consortium comprising 17 banks to recover the money owed by the defunct airlines.
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Supreme Court Asks Government To Give Details Of Recovery Cases Filed By Banks
A bench headed by Chief Justice TS Thakur also sought a response on the question as to whether the recovery tribunals are equipped to decide the loan recovery cases within a fixed time frame.
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Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Delhi: Parents Request CM Arvind Kejriwal To Bail Out Set To Be Auctioned Raisina Bengali School
The school had taken a loan of Rs 2 crore from the United Bank of India and after failing to repay the money, the principal and interest now stand at Rs 8 crore. The Debt Recovery Tribunal has ordered that the school will go under the hammer on January 14
-
High Courts Told To Take Up Debt Recovery Cases In View Of Vacancies
The Supreme Court on Thursday asked high courts to entertain applications that are filed before the Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) in view of non-filling of vacancies.
-
United Breweries Shares Worth Over Rs 5,800 Crore Sold In Vijay Mallya Case
The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma
-
Court Orders Nirav Modi, Aides To Pay Over Rs 7,200 Crore, With Interest
The Debt Recovery Tribunal in Pune on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to the defrauded Punjab National Bank.
-
Jet Lenders To Approach Debt Recovery Tribunal If Stake Sale Process Fails: Report
Approaching the DRT, as a last option is a major departure from the earlier speculation that the airline will be taken to the NCLT
-
Nirav Modi, His Family Served Notices To Recover Rs 7,000 Crore
The Debt Recovery Tribunal (DRT) today sent notice to fugitive jeweller Nirav Modi, his family members and his companies to recover over Rs 7,000 crore in dues.
-
Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore
A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.
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Sell Amrapali Group's Commercial Properties, Top Court Directs Tribunal
The Supreme Court on Wednesday appointed state-run company NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm.
-
"Is Finance Minister Sleeping?" Court Raps Centre Over Tribunal In Mumbai
The Bombay High Court expressed anger over the non-functioning of the Debts Recovery Tribunal (DRT), the Mumbai premises of which were closed following a fire over a month ago, and sought to know "if the finance minister of the country was sleeping" over the shutdown of a key body.
-
Fortis Healthcare Co-Owner Restrained From Selling Properties Over Loan Default
The Delhi Debts Recovery Tribunal (DRT) has restrained former CEO of Ranbaxy Laboratories and the co-owner of Fortis Healthcare, Malvinder Mohan Singh, from selling a posh property in Lutyen's Delhi and some other assets in a bank loan default case.
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Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
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Tribunal To Pronounce Verdict In Vijay Mallya Case On Thursday
DRT Presiding Officer K Sreenivasan said this while hearing an Interlocutory Application pertaining to the case.
-
Vijay Mallya Case: Tribunal Reserves Order On Banks Plea For Dues Recovery
This brings the curtains down on nearly three-year legal battle in the tribunal by the consortium comprising 17 banks to recover the money owed by the defunct airlines.
-
Supreme Court Asks Government To Give Details Of Recovery Cases Filed By Banks
A bench headed by Chief Justice TS Thakur also sought a response on the question as to whether the recovery tribunals are equipped to decide the loan recovery cases within a fixed time frame.
