Скачать или смотреть How DRT Protects Borrowers | POWERS OF DRT under Section 17 of the SARFAESI Act, 2002 Explained

How Debts Recovery Tribunal (DRT) Protects Borrowers | Powers of Debt Recovery Tribunal (DRT) | Section 17 of the SARFAESI Act, 2002 Explained

How can borrowers protect their rights when banks take possession of property under the SARFAESI Act, 2002?

This video explains the Powers of the Debt Recovery Tribunal (DRT) under Section 17 of the SARFAESI Act, 2002, and how borrowers or aggrieved persons can approach the DRT for relief.

Whether you are a Law student, Advocate, Banking professional, Chartered Accountant, Company Secretary or Cost Management Accountant or borrower, this video provides complete clarity on:

✅ What You’ll Learn in This Video:

🔹 What is the Debt Recovery Tribunal (DRT)?
🔹 What powers does DRT have under Section 17 of the SARFAESI Act?
🔹 How can borrowers file an application before DRT?
🔹 Can DRT reverse bank actions like auction or sale of property?
🔹 Rights of borrowers and safeguards under the law
🔹 Landmark judgments: Indian Overseas Bank v. Ashok Saw Mill, Central Bank of India V. Smt. Prabha Jain

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❓ Queries Answered in This Video:

🔍 How to challenge bank possession under the SARFAESI Act, 2002?
🔍 Can DRT cancel a sale or restore property to the borrower?
🔍 What are borrower rights under the SARFAESI Act, 2002?
🔍 What happens if the bank misuses its powers?
🔍 Who can apply to DRT and how?
🔍 What are the Powers of DRT under the SARFAESI Act, 2002?
🔍 How to get relief from DRT?

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🎯 Ideal for:
📚 Law students | 🧑‍⚖️ Advocates | 🏦 Banking professionals | 🧑‍💼 Borrowers | 📑 Legal aspirants | 🧑‍⚖️ CA, CS, CMA

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🔔 Don’t forget to Like 👍, Share 📤, Comment 💬 and Subscribe 🔔 to the channel for more simplified legal content!

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OTHER RELEVANT VIDEOS ON THE SARFAESI ACT, 2002

Link to watch a video on Introduction of the SARFAESI Act, 2002 which describes the objective, meaning, structure and purpose of the SARFAESI Act, 2002.

   • Introduction of SARFAESI Act, 2002 | Loan ...  

Link to watch Part 1 video wherein section 13(1), (2), (3) and 3(A) are explained which deal with the default by the borrower and notice issued to enforce security interest if the liability is not discharges within 60 days.

   • Section 13 of SARFAESI Act, 2002 Made Easy...  

Link to watch Part 2 video wherein section 13(4) and 13(5) are explained which are related with measures to be taken by the bank in case the default of loan continues:

   • SARFAESI Act 13(4) EXPLAINED! | What Happe...  

Link to watch Part 3 video wherein section S. 13 (5A), (5B) & 5 (C) are explained which are related with sale of immovable properties by the banks possession whereof taken under section 13(4) for enforcement of the security interest. Also, section 9 of the Banking Regulation Act, 1949 is explained in this video.

   • Section 13 of the SARFAESI Act, 2002 Made ...  

Case Summary of Landmark judgement on the SARFAESI ACT, 2002 i.e. Mardia Chemicals Ltd. V. Union of India

   • Mardia Chemicals Ltd. v. Union of India (2...  

What is NPA?

   • What Are Non-Performing Assets? #npa #bank...  

Section 13(4) and Section 17 of the SARFAESI ACT, 2002 - Comparison and relationship.

   • Section 13(4) vs. Section 17 of the SARFAE...  

Link to watch a video on How file application with DRT under section 17(1) of the SARFAESI Act, 2002 wherein the provisions for filing application with DRT, format of application and other related details are discussed.

   • DRT Application Under Section 17 of the SA...  

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Link to Download the SARFAESI ACT, 2002, The Security Interest (Enforcement) Rules, 2002 and format of application under section 17(1) of the SARFAESI ACT, 2002

https://drive.google.com/drive/folder...

📢 Have more questions? Drop them in the comments! 👇

TIME STAMPS:

00:19 Introduction of Powers of DRT u/s 17 of the Act
01:15 Section 17 (2) - What DRT checks when application is filed?
03:41 Section 17 (3) - Powers of DRT
06:28 Section 17 (4) - When DRT can give order in favour of the secured creditor
06:55 Supreme Court Case laws related to powers of DRT


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