Debt Recovery Tribunals
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Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
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Delhi: Parents Request CM Arvind Kejriwal To Bail Out Set To Be Auctioned Raisina Bengali School
The school had taken a loan of Rs 2 crore from the United Bank of India and after failing to repay the money, the principal and interest now stand at Rs 8 crore. The Debt Recovery Tribunal has ordered that the school will go under the hammer on January 14
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High Courts Told To Take Up Debt Recovery Cases In View Of Vacancies
The Supreme Court on Thursday asked high courts to entertain applications that are filed before the Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) in view of non-filling of vacancies.
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United Breweries Shares Worth Over Rs 5,800 Crore Sold In Vijay Mallya Case
The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma
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Court Orders Nirav Modi, Aides To Pay Over Rs 7,200 Crore, With Interest
The Debt Recovery Tribunal in Pune on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to the defrauded Punjab National Bank.
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Nirav Modi, His Family Served Notices To Recover Rs 7,000 Crore
The Debt Recovery Tribunal (DRT) today sent notice to fugitive jeweller Nirav Modi, his family members and his companies to recover over Rs 7,000 crore in dues.
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Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore
A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.
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Sell Amrapali Group's Commercial Properties, Top Court Directs Tribunal
The Supreme Court on Wednesday appointed state-run company NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm.
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"Is Finance Minister Sleeping?" Court Raps Centre Over Tribunal In Mumbai
The Bombay High Court expressed anger over the non-functioning of the Debts Recovery Tribunal (DRT), the Mumbai premises of which were closed following a fire over a month ago, and sought to know "if the finance minister of the country was sleeping" over the shutdown of a key body.
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Fortis Healthcare Co-Owner Restrained From Selling Properties Over Loan Default
The Delhi Debts Recovery Tribunal (DRT) has restrained former CEO of Ranbaxy Laboratories and the co-owner of Fortis Healthcare, Malvinder Mohan Singh, from selling a posh property in Lutyen's Delhi and some other assets in a bank loan default case.
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Lok Sabha To Take Up Debt Recovery Bill Today
The government is scheduled to move in the Lok Sabha tomorrow an amended bill to strengthen the debt recovery laws with an objective to improve the ease of doing business in the country.
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Vijay Mallya Case: Tribunal To Take Up 7 Interlocutory Applications For Final Hearing
DRT Presiding Officer CR Benakahanahalli today said the tribunal will take up at least seven Interlocutory Applications, including three Interlocutory Applications (IA) filed by Kingfisher Finvest India Private Limited, for final hearing from today in the Vijay Mallya case.
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High Court Orders CBI Probe Into Auction And Demolition Of House
The Madras High Court has ordered CBI inquiry into the public auction and demolition of a woman's house that was carried out even though she had not taken loan from any financial institution.
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Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Delhi: Parents Request CM Arvind Kejriwal To Bail Out Set To Be Auctioned Raisina Bengali School
The school had taken a loan of Rs 2 crore from the United Bank of India and after failing to repay the money, the principal and interest now stand at Rs 8 crore. The Debt Recovery Tribunal has ordered that the school will go under the hammer on January 14
-
High Courts Told To Take Up Debt Recovery Cases In View Of Vacancies
The Supreme Court on Thursday asked high courts to entertain applications that are filed before the Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) in view of non-filling of vacancies.
-
United Breweries Shares Worth Over Rs 5,800 Crore Sold In Vijay Mallya Case
The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma
-
Court Orders Nirav Modi, Aides To Pay Over Rs 7,200 Crore, With Interest
The Debt Recovery Tribunal in Pune on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to the defrauded Punjab National Bank.
-
Nirav Modi, His Family Served Notices To Recover Rs 7,000 Crore
The Debt Recovery Tribunal (DRT) today sent notice to fugitive jeweller Nirav Modi, his family members and his companies to recover over Rs 7,000 crore in dues.
-
Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore
A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.
-
Sell Amrapali Group's Commercial Properties, Top Court Directs Tribunal
The Supreme Court on Wednesday appointed state-run company NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm.
-
"Is Finance Minister Sleeping?" Court Raps Centre Over Tribunal In Mumbai
The Bombay High Court expressed anger over the non-functioning of the Debts Recovery Tribunal (DRT), the Mumbai premises of which were closed following a fire over a month ago, and sought to know "if the finance minister of the country was sleeping" over the shutdown of a key body.
-
Fortis Healthcare Co-Owner Restrained From Selling Properties Over Loan Default
The Delhi Debts Recovery Tribunal (DRT) has restrained former CEO of Ranbaxy Laboratories and the co-owner of Fortis Healthcare, Malvinder Mohan Singh, from selling a posh property in Lutyen's Delhi and some other assets in a bank loan default case.
-
Lok Sabha To Take Up Debt Recovery Bill Today
The government is scheduled to move in the Lok Sabha tomorrow an amended bill to strengthen the debt recovery laws with an objective to improve the ease of doing business in the country.
-
Vijay Mallya Case: Tribunal To Take Up 7 Interlocutory Applications For Final Hearing
DRT Presiding Officer CR Benakahanahalli today said the tribunal will take up at least seven Interlocutory Applications, including three Interlocutory Applications (IA) filed by Kingfisher Finvest India Private Limited, for final hearing from today in the Vijay Mallya case.
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High Court Orders CBI Probe Into Auction And Demolition Of House
The Madras High Court has ordered CBI inquiry into the public auction and demolition of a woman's house that was carried out even though she had not taken loan from any financial institution.
