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Debt Recovery Tribunal for Recovery of Dues Process
The Debt Recovery Tribunal (DRT) process is a specialized legal mechanism for banks and financial institutions to recover dues exceeding ₹20 lakh. It involves filing an Original Application (OA), issuing summons to the borrower, adjudication by a Presiding Officer, and the issuance of a recovery certificate, resulting in property attachment or sale. [1, 2, 3,…
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Compensation under Land Acquisition Act- Update !
Under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR), compensation for acquired land is calculated as twice the market value in urban areas and up to four times in rural areas, including rehabilitation and resettlement for affected families. The compensation calculation accounts for the highest market value,…
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When can Magistrate Order Registration of FIR
A Magistrate can order the registration of a First Information Report (FIR) under Section 156(3) of the Code of Criminal Procedure (CrPC)—now Section 175(3) of the Bharatiya Nagarik Suraksha Sanhita (BNSS)—when a cognizable offence is disclosed, and the police have failed to act. This power is a judicial remedy to ensure police accountability. [1, 2,…
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Sushma Buildtech Refund- HighCourt Execution Update
Builder Offers 50% Refund; High Court Orders Unfreezing of Bank Account In a significant development in a real estate dispute, the Punjab and Haryana High Court ordered the unfreezing of a bank account belonging to a real estate developer after the builder agreed to partially refund homebuyers. — Background of the Case The case involved…




