Debt Recovery Tribunals: A Guide for Businesses mirroreternally.com

Debt Recovery Tribunals (DRTs): Explore the role and significance of legal compliances in the debt collection process. The Narasimham Committee of 1991 suggested the creation of Special Tribunals such as DRTs (Debt Recovery Tribunals) s (Debt Recovery Tribunals) and DRATs (Debt Recovery Appellate Tribunal) (Debt Recovery Appellate Tribunals) in order to streamline such proceedings because the process for such recovery was irregular and incredibly time-consuming.