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Item ID 1565041 in Category: Real Estate - Houses, Properties for Sale
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DRAT Recovery Matters Appeal: A Complete Guide to Filing, Process Strategic Legal Relief | |
The Debt Recovery Appellate Tribunal (DRAT) serves as the appellate authority for cases decided by DRT (Debt Recovery Tribunal) in matters related to loan defaults, NPA recovery, SARFAESI actions, and bank disputes. When a borrower, guarantor, or financial institution is dissatisfied with a DRT order, they can file a DRAT Recovery Matters Appeal to seek review, modification, or reversal of the decision. This appellate process is crucial for borrowers who believe the DRT judgment was unfair, incorrect, or based on incomplete facts. A DRAT appeal must be filed within the prescribed time limit—typically 45 days from the date of the DRT order. The appellant must submit detailed grounds of appeal, legal arguments, relevant documents, and a certified copy of the DRT order. In most cases, DRAT requires the borrower to deposit a portion of the disputed amount (often 25%–50%) before admitting the appeal, although this may be reduced under special circumstances. The DRAT process involves scrutiny of documentation, hearing of both parties, examination of DRT proceedings, and evaluation of legal and financial merits. During the appeal, borrowers can challenge issues such as incorrect loan calculations, improper SARFAESI action, undervaluation of property, violation of RBI guidelines, or procedural errors made by the bank. With strong legal representation and factual evidence, borrowers can obtain interim relief, stay orders, or modification of recovery actions. For more information visit us at:- https://hectogonllp.com/drt-recovery-matters/ Call us:- +91 99907 25969 | |
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| Target State: All States Target City : Vasant Vihar Last Update : 15 November 2025 4:49 PM Number of Views: 7 | Item Owner : Hectogon Financial Solutions LLP Contact Email: Contact Phone: +91 99907 25969 |
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2025-11-15 (0.596 sec)