Скачать или смотреть DRT Application Under Section 17 of the SARFAESI Act, 2002 | Legal Remedy Against Bank Action

How to File Application to Debts Recovery Tribunal (DRT) under Section 17 of the SARFAESI Act, 2002 | Legal provisions explained.

Are you facing action under section 13(4) of the SARFAESI Act, 2002? Wondering how to file an application to the Debt Recovery Tribunal (DRT) under Section 17? This video explains everything you need to know — from legal provisions, eligibility, and time limits, to step-by-step DRT filing procedure and format.

✅ In this video, you’ll learn:
• What is Section 17 of the SARFAESI Act, 2002?
• Who can apply to the DRT?
• How to file an application to the Debt Recovery Tribunal
• Time limit to file DRT application
• Format and documents required for DRT filing
• Legal rights of borrowers under Section 17
• Common mistakes and how to avoid rejection

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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...  

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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...

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🔍 Who is this video for?
This video is perfect for law students, professionals preparing for exams, Chartered Accountants, Company Secretaries, Cost and Management Accountants, Advocates, borrowers or anyone interested in understanding the SARFAESI Act, 2002

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FOLLOWING QUERIES ARE ADDRESSED IN THIS VIDEO:

1. What is Section 17 of the SARFAESI Act, 2002?
2. Who can file an application before the Debt Recovery Tribunal (DRT)?
3. How to file an application under Section 17 of SARFAESI Act?
4. What is the time limit to approach the DRT under SARFAESI?
5. What documents are required to file an application in DRT?
6. Can a borrower challenge the bank’s possession notice in DRT?
7. What is the format for filing an application before DRT?
8. How much is the court fee for a DRT application?
9. What happens after filing an application to the DRT?
10. How to draft a Section 17 application under SARFAESI Act?
11. What are the powers of DRT under Section 17?
12. What is the role of a lawyer in DRT proceedings?
13. What is the difference between DRT and DRAT?
14. Can a guarantor or co-borrower file an application under Section 17?
15. What are the consequences of not filing a DRT application on time?
16. Can I get a stay on bank auction from the DRT?
17. How long does DRT take to decide a SARFAESI application?
18. Is it mandatory to hire a lawyer for filing in DRT?
19. Can an ex-parte order under SARFAESI be challenged in DRT?

TIME STAMPS:

00:01 Introduction of filing application with Debts Recovery Tribunal (DRT) and section 17 of the SARFAESI ACT, 2002
01:19 Section 17 of the SARFAESI ACT, 2002
06:11 Format of application under Rule 12(1) of the Security Interest (Enforcement) Rules, 2002
06:48 Fees and explanation to section 17(1) and section 13 (3A)
09:33 Section 17(4) of the SARFAESI ACT, 2002
10:57 Timelines for disposal of application by DRT (S.17(5) and 17 (6))
12:13 Process and timelines for filing and disposal of application with DRT
13:10 How to fill application to be filed with DRT u/s 17(1)

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