Debt Recovery Tribunals

insolvency, IBC, bankruptcy, debt resolution mechanism, recovery rate, CIRPs, liquidated cases, BIFR cases, resolution timelines, withdrawal, settlement

IBC getting more popular for debt resolution even as recovery continues to fall, shows high number of cases

The numbers admitted for Corporate Insolvency Resolution Process (CIRPs) have continuously increased since the launch of IBC in 2016. On…

February 20, 2023 19:15 IST

Vijay Mallya debt case: DRT advises banks to coordinate recovery of Rs 2000 crore parked in courts

Vijay Mallya debt case: The Debt Recovery Tribunal today advised SBI-led consortium of banks in Vijay Mallya case to make…

June 7, 2016 21:11 IST

Govt plans to overhaul debt recovery tribunal: Jaitley

‘Looking to computerise DRTs and reducing number of oral hearings to just two’

September 29, 2015 00:25 IST

New wilful defaulter law put on the back burner

Finance ministry for strengthening extant laws to help lenders take over defaulter assets promptly

November 4, 2014 15:15 IST

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Ram Charan’s Peddi crosses Rs 400 crore worldwide on day 14 amid steady weekday decline

Life17 min ago

Ram Charan’s sports drama Peddi, directed by Buchi Babu Sana and starring Ram Charan, Janhvi Kapoor, Shiva Rajkumar, and Jagapathi Babu, has crossed the Rs 400 crore-mark in worldwide gross collections. Despite a slowdown in domestic collections, the film has grossed Rs 225.22 crore in India and Rs 266.89 crore in total. The film’s daily collections have decreased, but it remains one of the top.

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