Finance Ministry Discusses Faster Case Disposals at Debt Recovery Tribunals
2 hours agoBusiness
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1 SourcesNew Delhi, India
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Finance Ministry Discusses Faster Case Disposals at Debt Recovery Tribunals

The finance ministry is exploring strategies to expedite case disposals at Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs). Discussions included leveraging Lok Adalats for alternative dispute resolution and implementing process reforms. The aim is to enhance recoveries, particularly for high-value cases, by improving the effectiveness of relevant acts and providing capacity-building for tribunal officials. Best practices from high-performing tribunals were also highlighted.

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