Debt Recovery Tribunal (DRT)

At Parthasaarathi Law Firm in Navi Mumbai, we specialize in providing expert legal services related to the Debt Recovery Tribunal (DRT). Our dedicated team of legal professionals, led by Advocate Viraj Patil, is committed to helping clients navigate the complexities of debt recovery processes, ensuring that their rights are protected and their interests are effectively represented.

Understanding Debt Recovery Tribunal (DRT)

The Debt Recovery Tribunal is a specialized forum established under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. It aims to expedite the recovery of debts owed to banks and financial institutions, offering a more efficient alternative to traditional civil courts. The DRT has the authority to adjudicate cases involving debts exceeding ₹20 lakhs, making it a critical venue for both creditors and debtors.

Our Services

At Parthasaarathi, we provide comprehensive legal services tailored to address these pain points:

+ Legal Consultation and Strategy Development

We offer initial consultations to assess your situation and develop a tailored strategy for your DRT case. Our team will explain the legal processes involved, ensuring you are well-informed and prepared.

+ Representation in DRT Proceedings

Our experienced advocates represent clients throughout the DRT process, from filing applications to appearing in hearings. We ensure that all legal documents are meticulously prepared and submitted on time.

+ Negotiation and Settlement

We strive to negotiate favorable settlements for our clients, helping them avoid lengthy litigation. Our negotiation skills are backed by in-depth knowledge of the law and a commitment to achieving the best possible outcomes.

+ Post-Judgment Support

Even after a judgment is rendered, we provide support in executing the order, whether it involves recovery or defending against appeals. Our team remains engaged until your case is fully resolved.

Clients often face several challenges when dealing with DRT cases, including:

Complex Legal Procedures

Navigating the DRT’s procedural requirements can be daunting for individuals and businesses unfamiliar with legal norms.

Emotional Stress

The pressure of financial disputes can lead to significant emotional and mental strain, affecting decision-making and overall well-being.

Lack of Information

Many clients are unaware of their rights and the legal options available to them, leading to poor outcomes in their cases.

Time Constraints

The urgency to resolve debt issues can create anxiety, especially when clients are unsure about the timeline of proceedings.

Fear of Losing Assets

The possibility of asset seizure or auction can be a significant concern for clients.

Why Choose Parthasaarathi Law Firm?

Expertise in DRT Matters

Our team possesses extensive experience in handling DRT cases, ensuring that you receive knowledgeable and effective representation.

Transparent Pricing

We believe in transparent pricing without hidden fees, allowing you to plan your finances effectively.

Client-Centric Approach

We prioritize your needs and concerns, ensuring that you are informed and comfortable throughout the legal process.

Timely Communication

Our commitment to keeping you updated on your case status helps alleviate anxiety and builds trust.

Contact Details:

If you are facing challenges related to debt recovery or need assistance with a DRT case, contact Parthasaarathi Law Firm today. Our team is ready to provide the support and expertise you need to achieve a favorable resolution.

Address: Office No.1508, 15th Floor Kamdhenu Commerz, Sector 14, Kharghar, Navi Mumbai

Phone: +918208309918

By addressing the pain points of clients and offering tailored solutions, Parthasaarathi Law Firm aims to be your trusted partner in navigating the complexities of debt recovery law.