Debts Recovery Tribunals

Keeping in line with the international trends on helping financial institutions recover their bad Debt quickly and efficiently, the Government of India has constituted thirty three Debt Recovery Tribunals and five Debt Recovery Appellate Tribunals across the country. The Debt Recovery Tribunal is governed by provisions of the Recovery of Debt Due to Banks and Financial Institutions Act, 1993, also popularly called as the RDB Act. Rules have been framed and notified under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. 

Debt Recovery Tribunal-1 New Delhi:

The Tribunal has been constituted vide notification GSR No: 653 (E) dated 5.7.1994. The territorial jurisdiction of the Hon`ble Tribunal covers South Delhi District Hauz Khas, Malviya Nagar, Mehrauli, Defence Colony, Lodhi Colony, Kotla Mubarakpur, Lajpat Nagar, Srinivas Puri, Hazrat Nizamuddin, Greater Kailash, Chitranjan Park, Ambedkar Nagar, Kalkaji, Badarpur, Okhla, any other police station which may be existing or created in future in this area.

Debt Recovery Tribunal-2 New Delhi:

The Tribunal has been constituted vide notification GSR No: 947 (E) dated 29.12.2000. The territorial jurisdiction of the Hon`ble Tribunal covers New Delhi District Parliament Street, Mandir Marg, Connaught Place, Tilak Marg, Chanakya Puri, Tughlak Road, any other police station which may be existing or created in future in this area.

Debt Recovery Tribunal-3 New Delhi:

The Tribunal has been constituted vide notification GSR No: 48 (E) dated 18.1.2002. The territorial jurisdiction of the Hon`ble Tribunal covers:- Central Delhi District :Darya Gunj, Chandni Mahal, Jama Masjid, Kamala Market, Hauz Quazi, I.P.Estate, Pahar Gunj, D.B.G.Road, Nabi Karim, Karol Bagh, Prasad Nagar, Rajinder Nagar, any other police station which may be existing or created in future in this area.

North East Delhi District : Seelam Pur, Gokal Puri, Bhajan Pura, Shahdara, Welcome Colony, Manasaravor Park, Seema Puri, Nand Nagri, any other police station which may be existing or created in future in this area.

East Delhi District Kalayan Puri, Trilok Puri, Vivk Vihar, Anand Vihar, Preet Vihar , Shakar Pur, Gandhi Nagar, Krishna Nagar, Geeta Colony, any other police station which may be existing or created in future in this area.

North Delhi District : Civil Lines, Timarpur, Roop Nagar, Maurice Nagar Colony, Subzi Mandi, Pratap Nagar, Sarai Rohilla, Bara Hindu Rao, Sadar Bazar, Kashmere Gate, Kotwali, Lahori Gate, Town Hall (Chandni Chowk), any other police station which may be existing or created in future in this area

West Delhi District Patel Nagar, Anand Parbat , Moti Nagar , Tilak Nagar, Janak Puri, Vikas Puri, Punjabi Bagh, Paschim Vihar, Nangloi, Rajouri Garden, Hari Nagar, Kirti Nagar, any other police station which may be existing or created in future in this area North West Delhi District Sultan Puri, Mangol Puri, Kanjahanwala, Ashok Vihar, Saraswati Vihar, Keshav Puram, Shalimar Bagh, Jahangir Puri, Rohini, Narela, Samaipur Badli, Ali Pur, Mukerjee Nagar, Adarsh Nagar, Model Town, any other police station which may be existing or created in future in this area. 

Debt Recovery Appellate Tribunal Delhi:

The Tribunal has been constituted vide notification GSR No: 498(E) 26-5-2000. The territorial jurisdiction of the Hon`ble Tribunal covers Over Debt Recovery Tribunal Chandigarh, Debt Recovery Tribunal Delhi-1, Debt Recovery Tribunal Delhi-2, Debt Recovery Tribunal Delhi-3, and Debt Recovery Tribunal Jaipur.