M/s My Lord Law Associates understands the financial strain and complexities involved in debt recovery. Our comprehensive legal services help assist in navigating Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs) efficiently.
What is DRTs and DRATs?
● DRTs (Debt Recovery Tribunals): These specialized courts handle disputes arising between lenders (banks, financial institutions) and borrowers regarding loan defaults and repayments. They aim for faster resolution compared to traditional courts.
● DRATs (Debt Recovery Appellate Tribunals): If you disagree with a DRT’s decision, you can appeal to the DRAT. They function as appellate courts specifically for DRT matters.
How Can We Help with DRT & DRAT Matters?
Our experienced lawyers can represent you throughout the entire process, including:
● DRT Representation: We will meticulously analyze your case, prepare the necessary documentation, and advocate for your rights before the DRT.
● DRAT Appeals: If you’re dissatisfied with a DRT ruling, we can draft and file a strong appeal before the DRAT, aiming for a favourable outcome.
● Negotiation and Settlement: We can explore possibilities for negotiation and settlement with the lender to potentially recover your assets or reach a mutual solution.