DRT & SARFAESI Act Made Simple | Possession, Auction & Sale Certificate
Автор: LawMedic
Загружено: 2025-09-04
Просмотров: 53
In this video, Adv. Vishal Bendre explains the Debt Recovery Tribunal (DRT), its formation under the RDDBFI Act, 1993, and how the SARFAESI Act, 2002 empowers banks and financial institutions to recover secured loans without court intervention.
👉 Key Topics Covered:
Introduction to DRT: Purpose, Jurisdiction & Powers
What loan matters go to DRT?
Step-by-step SARFAESI Recovery Process
Section 13(2) Demand Notice
Section 13(4) Possession Notice
Role of Magistrate under Section 14
Auction Sale & Sale Certificate
Borrower’s Rights & Appeals to DRT
Difference between DRT & Civil Court proceedings
⚖️ This video is useful for law students, advocates, bankers, and borrowers who want to understand secured loan recovery procedures in India.
💡 Stay tuned till the end for a clear sequence of recovery steps and practical insights on notices, possession, and sale of secured assets.
🔔 Subscribe to LawMedic | Adv. Vishal Bendre for more legal explainers on:
📖 Civil & Criminal Law | 🏛️ Court Procedures | ⚖️ Constitutional & Financial Laws
#SARFAESI #DRT #DebtRecoveryTribunal #BankLaw #AdvocateVishalBendre #LawMedic
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