DRT  Legal  Solutions

(Debts Recovery Tribunal Legal Solutions) is an India based

Law Firm specializing in DRT, Securitisation, NCLT, Borrowers and Guarantors Solutions in Debts Recovery Tribunals,

Pioneers in Counter-claims and Damage Suits based on Law of Torts and Law of Damages 

Phones (India) - Mobile - +91-9691103689, Off. & Res.- +91-731-4049358 and +91-731-3290201 

E-mail :- ramkishandrt@gmail.com  Web Site :- www.drtsolutions.com

 DRT Solutions - Debts Recovery Tribunal

HomeContentsProducts & ServicesFrequently Asked QuestionsUseful Article-BorrowersUseful Article-GuarantorsRBI GuidelinesNotes-Law of TortsNotes-DamagesMiniArticles-Letters to EditorUseful Interactions with Clients & VisitorsSecuritisation Act-CommentsAbout Us-DRT SolutionsUseful Tips for DRT Advocates|| 138 NI Act Cheque Dishonour Cognizance Acquittal | NCLT, National Company Law Tribunal, BIFR, SICA  |  Video Interview - BS Malik, Sr. Supreme Court AdvocateLegal Forum of IndiaSuccess & Results of Our GuidanceDRT Orders in favour of Borrowers & GuarantorsNPA, Debt due, Rehabilitation of Sick SME IndustriesOur Replies to Queries  on Current DRT Matters, Court Decisions etc.Measure of damages & Calculations under Torts & ContractsVideo Interview - GC Garg, Ex-Senior Bank OfficialSolar Healing, Yoga, Projector, Rebirth etc.Swami Ramdev, Yoga Guru, Cure for All Diseases, Medical Science RevolutionCourt Technologies IT Presentation Video ArgumentsArchiveDRT Solutions Weekly Mail for Borrowers & Guarantors   All India DRT Conference 2011 at IndoreArticle by Ram Kishan on Management & Technology in Indian JudiciarySARFAESI Securitisation Securitization Actar SA NPADRT Judgments Favourable / Useful to Borrowers  DRT Solutions - Site Map for Borrowers & GuarantorsTransform India with Modi-DRT Solutions SuggestionsLaughter Yoga by Ram Kishan, IndoreDr Kataria Indore Visit - Plan, Progress & Record

Weekly Mails - 1-10  11-20  21-30  31-40  41-50  51-60  61-70  71-80 81-90 91-100 101-110 111-120 121-130 131-140 141-150 151-160 161-170 171-180 181-190 191-200 201-210 211-220 221-230 231-240 241-250 251-260  261-270  271-280 281-290 291-300 301-310 311-320 321-330 331-340 341-350 351-360 361-370 371-380 381-390 391-400 401-410 411-Latest

 

Expert in:- DRT, Counterclaim, securitization, debt recovery tribunal, NCLT  matters

 

 

 

 

 

Friday 9th June 2017 (last updated) Monthly Release 258

 

Highlights:- All problems of Debts Recovery i.e. DRT, Securitisation Act, ARCIL i.e. Asset Reconstruction Company (India) Limited, NCLT i.e. National Company Law Tribunal and other courts are tackled by us and practical solutions provided. Study of this web site will be very useful to the borrowers and guarantors facing litigation in DRTs. People from all over the country and abroad are phoning us, then visiting us and getting solutions to their DRT, Securitisation and related legal problems. Many parties are approaching us either to draft or to redraft their counterclaims, loss and damages in DRTs under DRT Act or Securitisation Act. Some need our advice on all types of DRT matters, Securitisation Act, BIFR, NCLT, sec. 138 of NI Act relating to dishonour of cheques, NPA Consultancy, IPR matters etc. We have DRT , BIFR, NCLT, NPA Consultants and Banking Accounts experts to examine the legal and accounts as well as documents filed by the banks and financial institutions in DRT and other court cases. Please visit other pages of this site dealing with all these aspects and solutions relating to DRT i.e. Debts Recovery Tribunal litigations, NCLT i.e. National Company Law Tribunal, NPA Consultancy, ADRT i.e. Appellate Debts Recovery Tribunal, BIFR, NCLT, related legal matters including Counter-claims, loss and damages as well as legal process outsourcing, knowledge process outsourcing for global clients through our associates vide joint venture web site www.usindolegal.com  You are always welcome to approach us anytime for all DRT Problems and Solutions. We advise advocates on use of latest video and presentation technology in office as well as in court rooms

Our DRT Weekly Mails  DRT Legal Guide and gold mine of practical information for the borrowers and guarantors - Mails subsequent to 429th issue of our DRT Weekly Mail dated 26.08.16 including 467th Issue dtd 09.06.17 will be posted in due course of time though they have been sent on their due dates directly:- The visitors of this web site particularly Borrowers and Guarantors will be immensely benefited by our DRT weekly mails, all previous issues from 1st one till the last one may be viewed by clicking DRT Solutions Weekly Mail for Borrowers & Guarantors   Separate web pages have been created to contain these mails in batches of 10 so that pages open up fast. These mails are DRT Guide and gold mine of information on current topics giving lot of practical suggestions and comments in DRT litigations. Any new comer to this site must go through all the DRT weekly mails right from the issue no 1 to the latest. If possible please spread the reference of this web site and the DRT weekly mail among the persons, borrowers, guarantors and DRT litigants who are the bank victims. These DRT weekly mails are free of cost. If anyone desires to get these DRT mails regularly, he may write to us for inclusion of his e-mail ID in the regular mailing list. The DRT weekly mail is issued on every Friday morning before 12 noon. The particular issue of the DRT weekly mail is first published on the web site and then mails are sent. These DRT weekly mails have become quite popular among the borrowers and guarantors in the country as we are getting huge no of mails appreciating the same. We welcome suggestions for improvements as well as the topics on which more information is required.

'Guinness World Records' issues the certificate confirming that our 'Man Pasand Laughter Yoga Club, India' is the current Guinness World Record Holder in the category of 'Largest Laughter Yoga Class' :- On 22.02.17, we have received the certificate from 'Guinness World Records' confirming that 'Man Pasand Laughter Yoga Club, India is the current 'Guinness World Record Holder' in the category of 'Largest Laughter Yoga Class' with effect from 28.11.15. This is first World Record for India in the field of Laughter Yoga. Its a great honor for India as well as for Indore. Man Pasand LY Club, Ram Kishan and Dabang Dunia feel proud to be associated for such historic achievement. How such a monumental achievement was made is contained in our special web page vide link Dr Kataria Indore Visit - Plan, Progress & Record

First Android App in the World in the field of Laughter Yoga made by us

It is with pleasure we announce that we have released on 01.01.16, the world first Android App on 'Laughter Yoga' Its available free on Google Play Store. Please visit the Google Play Store and search 'Laughter Yoga' Download and Install the same on your mobile or tablet. This is the world first Android App on Laughter Yoga. IARC, the global rating agency has rated this App for use by everyone. This App has been designed to promote Laughter Yoga among common public for all age group. Even experts and Laughter Loving persons may find it useful.
Kindly download the App and install it. Please visit the various pages. We are eager to have your rating, reactions and suggestions so that we may improve it further in the next version. We shall be obliged and grateful if you refer this App to your family members, relatives and friends so that we also have their ratings, reactions and suggestions.
This App has been dedicated to Dr Madan Kataria and Mrs Madhuri Kataria for their matchless work for health, happiness and peace of the human society.

Dr Madan Kataria, the world famous Laughter Guru visited Indore in November 2015 and set up a new Guinness World Record which is first for India in the field of Laughter Yoga Dr Madan Kataria visited Indore in November '15. He conducted 'Largest Laughter Yoga Class' on 28th November 2015 setting a new Guinness World Record. This is first World Record for India in the field of Laughter Yoga. Its a great honor for India a well as for Indore. Man Pasand LY Club, Ram Kishan and Dabang Dunia feel proud to be associated for such historic achievement. How such a monumental achievement was made is contained in our special web page vide link Dr Kataria Indore Visit - Plan, Progress & Record

Transform India with Modi - DRT Solutions Suggestions:- We appreciate the vigor and initiative taken by Mr Modi, our PM. In response to his call through Local Circles of which there are more than one lac twelve thousand members, we have made 6 important suggestions for 'Judicial and Legal Reforms' vide link Transform India with Modi-DRT Solutions Suggestions These have been appreciated by the members.

Legal Reforms in Indian Judiciary - Need of the Hour, Management and Technology in Indian Judiciary - Pragmatic Approach:- Our detailed Article may be seen by clicking the link Article by Ram Kishan on Management & Technology in Indian Judiciary This article has been sent to the Internet Resource in 'Transform India wituh Narendra Modi' part of Local Circles set up under the aegis of BJP. We have also sent this article to Justice R.M. Lodha, Chief Justice of Supreme Court of India.

Laughter Yoga is the Best Exercise for Overall Health Benefits:- For details of Laughter Yoga, its Health Benefits and how to start a Laughter Yoga Club, please visit our web page vide link Laughter Yoga by Ram Kishan, Indore This page is a very good compilation of the material on Laughter Yoga. It gives the real life experiences of members of our Laughter Yoga club. Our club at Man Pasand Park, Indore, India is now on international map vide the blog 'A Laughter Club Dream' written by Shri Jagat Singh Bisht, Laughter Professor, Laughter University International, link for the blog being   http://www.laughteryoga.org/english/blog/blog_detail/833  

DRT Judgments Favourable to Borrowers and Guarantors Now Full text of such Judgments is being provided on this Web Site with Important Portions marked in Red  

Following is the extract from our web page vide link http://www.drtsolutions.com/DRT-Judgments.htm  

We have been providing citations and extracts of judgments favourable / useful to Borrowers and Guarantors. Subsequently several borrowers approached us to provide the full text of the said judgments. Hence we have now started providing full texts of such judgments on our this web site itself. Since the advocates are quite busy in their routine work, we have marked the important portion of such judgments in Red as well as our comments. Thus with passage of time, a library of important judgments with full text in soft copies and important portions marked in Red is being built up on the internet at our web site. The borrowers should go through such judgments periodically and apprise their advocates. It is needless to mention that such valuable information is free of cost in the best interests of borrowers and guarantors. You may therefore spread the word among the litigant borrowers, guarantors and their advocates to visit the above link periodically. If one finds judgments useful and favourable to the borrowers and guarantors, he may mail the full text of such judgment for publication on our web site.

The judgments published on this web site have become so popular that the phrase 'DRT Judgments' occupies top position in the Global and Indian search engines of Google.

DRT Judgments Favourable / Useful to Borrowers and Guarantors Full text of Judgments available on

this Web Site:- 

Note :- DRTS-00 stands for 'DRT Legal Solutions-00' and is the Citation for judgments on this web site.

DRTS-024 Bombay High Court judgment and order on 'Physical Possession u/s 14 of Securitization Act' in the matter of 'Milind Kashinath Mahadik vs State of Maharashtra' decided on 11.12.14. The said High Court set aside the orders of the Magistrates and directed the Magistrate to investigate u/s 156(3) of Cr. P. C. In this case the secured creditor took physical possession violating the law and procedure laid down in SARFAESI Act. Full text of the judgment is available vide link Milind Mahadik-Physical Possession u/s 14   Important portions of this judgment have been marked in Red. We have come to know that SLP filed by the State Govt has been rejected by the Supreme Court in limine and hence this judgment has become absolute.

DRTS-023 DRT-1 Chennai judgment on 'Dismissal of OA subsequent to invoking Securitization Act' in the matter of 'Tetrahedron Ltd vs Indian Bank' decided on 08.11.13. The said PO DRT ruled that OA filed by the Bank is not maintainable as the Bank has already initiated recovery of dues by issuing notice u/s 13(2). Full text of the judgment is available vide link www.drtsolutions.com/OA-Dismissal-Chennai.pdf  Our comments on this judgment are available vide link http://www.drtsolutions.com/OA-Dismissal-Chennai.htm 

DRTS-022 Nagpur District Magistrate judgment on 'Dismissal of Bank's Application u/s 14' in the matter of 'State Bank of Patiala vs Shri Homraj Meghraj Hiranvar' decided on 22.10.13. The said Magistrate ruled that since the Bank has not followed the prescribed procedure, the application of the Bank u/s 14 is dismissed. Full text of the judgment in Marathi is available vide link  www.drtsolutions.com/Magistrate-Nagpur.pdf  Translation of the judgment in English with our comments is available vide link  http://www.drtsolutions.com/State%20Bank%20Patiala-Meghraj.htm

DRTS-021 Calcutta High Court judgment on 'Publication of Photos in newspapers' in the matter of 'Ujjal Kumar vs SBI' decided on 03.05.13. The said High Court ruled that the Publication of Photos in newspapers of the borrowers to recover debts can not be resorted to as it is not covered in Securitization Act. Full text of the judgment with our comments and important portion marked in Red is available vide link http://www.drtsolutions.com/Ujjal-Kumar-vs-SBI-2013.htm         

DRTS-020 Gujrat High Court judgment on 'Securitization Act not applicable to Co-operative Banks' in the matter of 'Rajendra N Shah vs Unknown' decided on 22.04.13. The said High Court ruled that the Amendment issued by the Govt in January 2013 is ultravires in respect of co-operative banks. Full text of the judgment with our comments and important portion marked in Red is available vide link http://www.drtsolutions.com/Rajendra-Shah-vs-Unknown-2013.htm

DRTS-019 Supreme Court judgment and order on 'Review due to Misconception of Court' in the matter of 'Moran Mar Basselios Catholicos vs Moat Rev. Mar Poulose Athanaslus' decided on 02.05.52. The Supreme Court allowed the appeal, set aside the judgment of the High Court and admit the Review. Full text of the judgment with our comments is available vide link http://www.drtsolutions.com/Moran-Review-Misconception.htm

DRTS-018 DRT-II Kolkota judgment and order on 'SA No 101 of 2011' in the matter of 'Azmeer Business Pvt Ltd. vs Union Bank of India' decided on 04.06.13. The case has been decided in favour of the borrower. The PO DRT has set aside the Bank's notice u/s 13(2), set aside the auction and ordered restoration of the property to the borrower. Full text of the judgment with our comments is available vide link http://www.drtsolutions.com/Azmeer-UBI-SA-allowed.htm .

DRTS-017 Supreme Court of India Judgment on 'Guarantor's Property - Constitutional and Human Rights' in the matter of 'KSFC vs N. Narasimahaih & Others' decided on 13.03.08. This is highly relevant to get 'Complete justice for Guarantor's Property'. Full text of the judgment with our comments is available vide link http://www.drtsolutions.com/KSFC-Narasimahaih.htm  Important portions of the judgment have been marked in Red.

DRTS-016 Supreme Court of India Judgment on 'Frivolous and Unjust Litigation by Bureaucracy' in the matter of 'Urban Improvement Trust vs Mohanlal' decided on 30.10.09. This is highly relevant to 'Frivolous,  Unjust and Multiple Litigations' filed by banks '. Full text of the judgment with our comments is available vide link http://www.drtsolutions.com/Urban-Improvement-Trust-Mohanlal.htm Important portions of the judgment have been marked in Red.

DRTS-015 Supreme Court of India Judgment on 'Review and Appeal - Simultaneous Adjudication' in the matter of 'Thungabhadra Industries vs Govt of AP' decided on 20.10.63. This is highly relevant to 'Filing of Review and or Appeal and their adjudication'. Full text of the judgment with our comments is available vide link http://www.drtsolutions.com/Thungabhadra-GovtAP-Review-Appeal.htm Important portions of the judgment have been marked in Red.

DRTS-014 Supreme Court of India Judgment on 'Natural Justice - Opportunity of Hearing - Fundamental Rights' in the matter of 'Maneka Gandhi vs UOI' decided on 25.01.78. This is highly relevant to 'Magistrate in Sec 14 of Securitization Act to provide opportunity of hearing to Borrowers'. Full text of the judgment with our comments is available vide link http://www.drtsolutions.com/Maneka-Gandhi-UOI-Natural-Justice.htm