The Recovery of Debts Due to Banks and Financial Institutions Act 1993 (Bare Act)/ Universal Law Publishing

THE RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993
The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004
Introduction
CHAPTER I
PRELIMINARY
Sections 1. Short title, extent, commencement and application
2. Definitions
CHAPTER 11
ESTABLISHMENT OF TRIBUNAL AND APPELLATE TRIBUNAL
3. Establishment of Tribunal
4. Composition of Tribunal 5. Qualifications for appointment as Presiding Officer
6. Term of Office
7. Staff of Tribunal
8. Establishment of Appellate Tribunal 9. Composition of Appellate Tribunal . fflSU .J' 10. Qualifications for appointment as Chairperson of the " !0'' " Appellate Tribunal
11. Term of Office
12. Staff of the Appellate Tribunal
13. Salary and allowances and other terms and conditions of service of Presiding Officers
14. Filling up of vacancies
15. Resignation and removal 16. Orders constituting Tribunal or an Appellate Tribunal to be final and not to invalidate its'proceedings
CHAPTER III
JURISDICTION, POWERS AND AUTHORITY OF TRIBUNAL 17. Jurisdiction, powers and authority of Tribunals 17A. Power of Chairperson of Appellate Tribunal
18. Bar of Jurisdiction
CHAPTER IV c. . ■ PROCEDURE OF TRIBUNALS ,, 19. Application to tire Tribunal . . .
20. Appeal to the Appellate Tribunal
21. Deposit of amount of debt due, on filing appeal . ,
22. Procedure and Powers of the Tribimal and the Appellate Tribunal
23. Right to legal representation and Presenting Officers . .
24. Limitation

CHAPTER V
RECOVERY OF DEBT DETERMINED BY TRIBUNAL
25. Modes of recovery of debts 26. Validity of certificate and amendment thereof 27. Stay of proceedings under certificate and amendment or withdrawal thereof
28. Other modes of recovery X > . / 29. Application of certain provisions of Income-tax Act 30. Appeal against the order of Recovery Officer
CHAPTER VI
MISCELLANEOUS
31. Transfer of pending cases
31A. Power of Tribunal to issue certificate of recovery in case
of decree or order
32. Chairperson, Presiding Officer and staff of Appellate Tribunal and Tribunal to be public servants
33. Protection of action taken in good faith 34. Act to have over-riding effect
35. Power to remove difficulties
36. Power to make rules . ' '.
37. Repeal and saving

THE DEBTS RECOVERY TRIBUNAL (PROCEDURE) RULES, 1993
Rules
1. Short title and commencement
2.' Definitions
3. Language of the Tribunal 4. Procedure for filing application
5. Presentation and scrutiny of applications
5A. Review
6. Place of filing applications
7. Application fee
8. Contents of application 9. Documents to accompany the application under section 19 or
section 31A of the Act
10. {Omitted)
11. Endorsing copy of application to the defendant 12. Filing of reply and other dociunents by the respondent 13. Date and place of hearing to be notified
14. Order to be signed and dated
15. Publication of orders '' 15A. Publication of r\^mes of the Defiiulters 16. Commurucation of orders to parties 17. Fee for mspection of records and obtaining copies thereof
18. Orders and directions in certain cases
19. Working hours of the Tribunal

f 20. Sitting hours of the Tribunal • i J T t • 21. Holiday ^ 22. Powers and functions of the Registrar
23. Additional powers and duties of Registrar 23A. Functions of Assistant Registrar
24. Seal and emblem
FORM I.— Application under section 19 of the Recovery of Debts due to Banks and Financial Institutions Act, 1993 FORM II— Application under section 31A of the Recovery of Debts due to Banks and Financial Institutions Act, 1993 FORM 111.—Appeal under section 30(1) of the Recovery of Debts due to Banks and Financial Institutions Act, 1993 (51 of 1993).


THE DEBTS RECOVERY APPELLATE TRIBUNAL (PROCEDURE) RULES, 1994
1. Short title and commencement
2. Definitions
3. Sittings of Appellate Tribunal 4. Language of Appellate Tribunal 5. Procedure for filing appeals 6. Presentation and scrutiny of memorandum of appeal 7. Place of filing memorandum of appeal
8. Fee
9. Deposit of amount of debt due
10. Contents of memorandum of appeal 11. Documents to accompany memorandum of appeal
12. Plural remedies
13. Endorsing copy of appeal to the respondents 14. Filing of reply to the appeal and other documents by the respondent 15. Who may be joined as respondents - J ■' 16. Date and place of hearing to be notified ' 17. Dress Regulations for the Presiding Officer and for the Representatives of the Parties 18. Order to be signed and dated 19. Publication of orders 20. Communication of orders 21. Fee for inspection of records and obtaining copies thereof 22. Orders and directions in certain cases 23. Working hours of the Appellate Tribunal 24. Holiday 25. Powers and functions of the Registrar 26. Additional powers and duties of Registrar 27. Seal and emblem * FORM.— Memorandum of appeal under section 20, section 30 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993)

V
THE DEBTS RECOVERY TRIBUNAL (FINANCIAL AND ADMINISTRATIVE POWER) RULES, 1997
1. Short title and commencement
2. Definitions
3. Powers of the Presiding Officer of the Tribunal
THE DEBTS RECOVERY APPELLATE TRIBUNAL (FINANCIAL AND ADMINISTRATIVE POWER) RULES, 1997
1. Short title and commencement
2. Definitions 3. Powersof the Presiding Officer of the Appellate Tribimal
.THE DEBTS RECOVERY APPELLATE TRIBUNAL (PROCEDURE
FOR APPOINTMENT AS CHAIRPERSON OF THE APPELLATE TRIBUNAL) RULES, 1998
1. Short title and commencement
2. Definitions.
3. Method of appointment under section 9 of the Act
4. Medical Fitness
5. Interpretation
6. Saving 7. Oaths of office and secrecy " , , j
ANNEXURE , Form I.— Form of oath of office for Chairperson of the Debts / Recovery Appellate Tribunal Form-II.— Form of oath of secrecy for Chairperson of the Debts Recovery Appellate Tribunal
THE DEBTS RECOVERY TRIBUNAL (PROCEDURE FOR APPOINTMENT AS PRESIDING OFFICER OF THE TRIBUNAL) RULES, 1998
1. Short title and commencement
2. Definitions 3. Method of appointment under sub-section (1) of section 4 of
the Act
4. Medical Fitness .
5. Interpretation
6. Saving 7. Oaths of office and secrecy
ANNEXURE Form I.— F«rm of oath of office for Presiding Officer of the Debts Recovery Tribunal. Form II.— Form of oath of secrecy for Presiding Officer of the Debts Recovery Tribunal