DRT  Legal  Solutions

(Debts Recovery Tribunal Legal Solutions) is an India based

Law Firm since 2000 specializing in DRT, Securitisation, Sarfaesi & Defense of Borrowersin Debts Recovery Tribunals

Pioneer in Counter-claims and Damage Suits based on Law of Torts and Law of Damages 

Phones (India) - Mobile - +91-9691103689, Off. & Res. +91-731-4049358

E-mail :- ramkishandrt@gmail.com  Web Site :- www.drtsolutions.com

 DRT Interactions with Clients, Debt Recovery Tribunal

Home Page, DRT Solutions, SARFACIE, Counter-claimContentsProducts & ServicesFrequently Asked QuestionsUseful Article-BorrowersUseful Article-GuarantorsRBI GuidelinesNotes-Law of TortsNotes-DamagesMiniArticles-Letters to EditorUseful Interactions with Clients & VisitorsSecuritisation Act-CommentsAbout Us-DRT SolutionsUseful Tips for DRT Advocates|| 138 NI Act Cheque Dishonour Cognizance Acquittal | NCLT, National Company Law Tribunal, BIFR, SICA  |  Video Interview - BS Malik, Sr. Supreme Court AdvocateLegal Forum of IndiaSuccess & Results of Our GuidanceDRT Orders in favour of Borrowers & GuarantorsOur Replies to Queries  on Current DRT Matters, Court Decisions etc.Measure of damages & Calculations under Torts & ContractsVideo Interview - GC Garg, Ex-Senior Bank OfficialSolar Healing, Yoga, Projector, Rebirth etc.Swami Ramdev, Yoga Guru, Cure for All Diseases, Medical Science RevolutionCourt Technologies IT Presentation Video ArgumentsArchiveDRT Solutions Weekly Mail for Borrowers & Guarantors   All India DRT Conference 2011 at IndoreArticle by Ram Kishan on Management & Technology in Indian JudiciarySARFAESI Securitisation Securitization Actar SA NPADRT Judgments Favourable / Useful to Borrowers  DRT Solutions - Site Map for Borrowers & GuarantorsTransform India with Modi-DRT Solutions SuggestionsLaughter Yoga by Ram Kishan, IndoreDr Kataria Indore Visit - Plan, Progress & Record  Keto Diet Vegan I.F.- Personal Experience Age 79 Yrs

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Expert in:- DRT, Counterclaim, securitization, debt recovery tribunal, NCLT  matters

 

 

 

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Govt and RBI have framed Special Policies to help Borrowers affected by Pandemic Corona-19  The Pandemic Corona-19 has seriously affected the business all over the world. Government of India took special actions to help the borrowers affected by the said Pandemic Corona-19. The RBI constituted special Committee known as Kamath Committee which framed special RBI Circulars to help the affected borrowers. At the instance of the said circulars, the Board of the lenders had to issued special "Board Approved Policy" to help the assisted borrowers. In such cases, if proper pleadings are prepared, the said borrowers will definitely win their cases in DRTs. We have handled such cases. The affected borrowers may contact us on our M-9691103689.

DRT Cases particularly those who have just received notices u/s 13(2) or 13(4) will be greatly benefited if they ring to us at Mob - 9691103689 (from 11AM to 6 PM on weekdays:- You get instantaneous advice on the said mobile no.

Best Approach in DRTs for Borrowers & Guarantors :-  (1) If you are our client, our consultation is available to you at any time on 24/7 basis. (2) We encourage you to acquire basic knowledge so that you may interact with us as well as your advocate properly. (3) We insist that you must always be present in the Court along with your advocate. You get instantaneous advice on our mobile no. 9691103689 .

Safeguards under Sec 14 of Sarfaesi Act - Pl contact us on phone as soon as you received notice under Sec 13(2) of Sarfaesi Act, we shall advice you for necessary precautions and safeguards.

Appeal to DRAT - Problem of 25% Deposit - Only Solution is Appeal as Indigent Person :- As per Sec 18 of the SARFACEI Act, 25% of the amount of debt claimed by the secured creditor or determined by the DRT whichever is less is to be deposited in DRAT before the Appeal is entertained. If the borrower is not having this amount but he intends to appeal, he should file the Appeal as Indigent Person vide details in O-33 of CPC.

For reference of such judgments please click DRT Judgments Favourable / Useful to Borrowers

DRT, drtsolutions, Debt Recovery Tribunal, DRT matters, DRT WS, DRT Legal Opinions, DRT Arguments, DRT Documents, Appellate DRT, Bank litigations, Securitisation, Counter-claims, NPAs Settlements, checking of bank accounts and documents etc., expertize in all these matters past more than 20 years being a Leading Law Firm.

 

Highlights:- All problems of Debt Recovery Tribunals i.e. DRT and Securitisation Act are tackled by us. People from all over the country are phoning us, then visiting and getting their problems solved. Please visit Home Page and other Pages also

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Recent Interactions with the Clients & Visitors

 

(1) One of the visitors from Mumbai contacted us on phone and has sent his documents on 24.01.03 for our legal opinion.

(2) We have completed full fledged assignment for a Delhi party and sent complete draft on 22.01.03.

(3) We have received the documents from a Kolhapur party on 10.01.03 for legal opinion.

(4) Parties rang from Chandigarh, Delhi and Ludhiana and desired clarifications on phone. One of visitors of our site rang from Delhi on 4.10.02 and discussed the various points on our 'Letter to Editor' titled 'Lenders' Liability Bill' published in the Financial Express dated 4.10.02.

(5)    A seniour advocate from Delhi visited us on 14.10.02. He handles insurance cases. He appreciated our approach.

(6)    A seniour Chartered Accountant from Mumbai rang us on 15.10.02. He has handled several cases for settlement with the bankers. Now most of his remaining clients are involved with legal battle and intend to file counter-claims in DRT.

(7)    One of our clients which has filed the counter-claim of Rs. 1864 crores against a public sector bank has received the reply of the bank against his counter-claim. The same was studied and our detailed opinion furnished.

(8)    One of our clients has enquired whether counter-claim can be filed after initiation of winding up of the Company. We have rendered proper legal opinion.

    I was in Mumbai and Delhi during the last week 0f Sept. '03. I already had telephone nos. of 160 parties whose cases were going on in DRT. I telephoned them and had interactions. The outcome was as under:-

(1) The parties did not know the importance of counter-claim, they were told about the same. They were asked to visit our web site and study the pages 'Products & Services' and other pages.

(2) The party did not know the importance of our legal opinion, they were told about the same. They were asked to visit our web site and study the pages 'Products & Services' and other pages.

(3) 15 parties came to meet us with their advocates. We elaborated our approach and answered various queries of the advocates.

(4) 3 parties decided to assign their drafting of the counter-claim in form of reply to their DRT cases.

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Interactions with the Clients & Visitors

 

(1) One of our important clients arranged a special Board Meeting wherein their advocate was also present. The following points were discussed:-
(a) Their advocate desired to understand applicability of the Law of Torts in bank cases. I explained the reasons along with the Supreme Court judgments
(b) The client narrated all the facts and desired to know whether they can file damages against the Electricity Board under the Law of Torts. After examining all the relevant and material facts, I found that it was a fit case for suing the said Electricity Board for the damages. This assignment was awarded to us.
(c) Having understood the provisions of the Law of Torts, the said client gave another assignment for suing the insurance company for damages as they did not decide the claim till date.
 

(2) One of visitors of our web site called on us and informed that they have filed a counter-claim of Rs. 200 crores against their bankers.
(a) They discussed the salient features of their damage claim. I described the general principles for preparing such claims, they gave us the assignment to check up and recast their counter-claim.

 

(3) Three parties rang us from Chandigarh, Ludhiana, four from Delhi and six from Mumbai and after one or two telephone calls, four of the said parties assigned us the job of studying their cases to furnish our legal opinion.

 

Gist of other e-mails are as under along with our comments :-

.

(1)     One of the parties have assigned us drafting of a 'Suit for Injunction and Declaration' against an 'Auditing firm' which was chosen by the bank to audit the party. The said auditor prepared a false, maligning and derogatory report against the party in collusion with the bank. This contract has been completed and the suit will be filed.

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We had exhaustive session with the said Industrial House. Finally we sent them following fax, which is self explanatory:-

 

DRT Legal Solutions

Attorneys at Law of Torts and Injury Claims

 

Saturday, 09 November, 2002 

To

Mr.

Chairman and Managing Director,

- - - - - - - - -  - - - - - - - - - - - - -Ltd.,

Indore

Dear Mr.- - - - - - - - -, 

This has reference to the interactions which we had recently. My assessment and conclusions are as under:- 

(1) You have not yet finalized your strategy in dealing with the banks and financial institutions. 

(2) You are attracted to use the tools of law and desire interactions with your advocates. Your difficulties are incomplete communication with them. They are not well versed with the vital and material facts about the industrial finance. It is just not possible as numerous complex facts are involved. In fact it is not their area. They role comes only after the trials are over. They apply law on the whole proceedings of the trial with a view to discover faults to help their clients. Our strategy is entirely different. We have a comprehensive and integrated approach right from the beginning to end. We are able to do so on account of our specialized, focussed and expert knowledge. These are the reasons as to why persons like Mr. - - - - . Mr. - - - - , Mr. - - - - and similar other experienced industrialists as well as their advocates are availing of our services.

(3) For the diagnosis we need only the relevant documents such as the correspondence, legal documents including proceedings, balance sheets and annual reports etc. We study, analyze and render our legal opinion. Perhaps your advocates can not do so at this stage. They can however comment on our legal opinion. As informed only after our thorough study we are open for discussions with any authority so long as we are compensated for the cost of our time spent.

 (4) It is suggested that first please study our web site thoroughly, have our study and opinion, ask your advocates to comment on our opinion, use our services for final discussions with them. Our charges for the study are Rs. - - - -. Cost of discussions at Indore. In future if you decide to assign drafting of counter-claim, the said study fee will be adjusted in the drafting charges. We have wide ranging services as may be seen from the page ‘Products and Services’ of our web site.

(5) As regards advocates, the counter-claims pertaining to Mr. - - -, Mr. - - - - and Mr. - - - are respectively being handled by three different seniour advocates at DRT Jabalpur. These counter-claims are drafted by us and are based on the law of torts. Counter-claims drafted by us will also be filed at DRTs at Mumbai, Delhi and Chandigarh. Accordingly advocates will also be available at these places. We provide very good after sales service to the clients and their advocates when needed during the whole life of the case.

 (6) If you need clarifications, if any on above, please feel free to interact on our off-cum-res. phone 245883 or through e-mail at ramkishandrt@gmail.com  Since we have very good online working, place and time is no problem for instantaneous service on various aspects of litigation. At times we have provided useful advice on telephone including citations of latest case laws. Our web site is updated instantaneously if there is any useful information to our clients and visitors.

 Thanking you and assuring of our best attention all the time,

With warm regards to you and your brothers,

Yours sincerely,

Ram Kishan

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DRT Judgments Favourable to Borrowers and Guarantors – Now Full text of such Judgments is being provided on this Web Site with Important Portions marked in Red  

    

DRT Legal Solutions

 

ContentsProducts & ServicesFrequently Asked QuestionsUseful Article-BorrowersUseful Article-GuarantorsRBI GuidelinesNotes-Law of TortsNotes-DamagesMiniArticles-Letters to EditorUseful Interactions with Clients & VisitorsSecuritisation Act-CommentsAbout Us-DRT SolutionsUseful Tips for DRT Advocates|| 138 NI Act Cheque Dishonour Cognizance Acquittal | NCLT, National Company Law Tribunal, BIFR, SICA  |  Video Interview - BS Malik, Sr. Supreme Court AdvocateLegal Forum of IndiaSuccess & Results of Our GuidanceDRT Orders in favour of Borrowers & GuarantorsNPA, Debt due, Rehabilitation of Sick SME IndustriesOur Replies to Queries  on Current DRT Matters, Court Decisions etc.Measure of damages & Calculations under Torts & ContractsVideo Interview - GC Garg, Ex-Senior Bank OfficialSolar Healing, Yoga, Projector, Rebirth etc.Swami Ramdev, Yoga Guru, Cure for All Diseases, Medical Science RevolutionCourt Technologies IT Presentation Video ArgumentsArchiveDRT Solutions Weekly Mail for Borrowers & Guarantors   All India DRT Conference 2011 at IndoreArticle by Ram Kishan on Management & Technology in Indian JudiciarySARFAESI Securitisation Securitization Actar SA NPADRT Judgments Favourable / Useful to Borrowers

 

Contact Information :-

 

Office & Residence - 205, Morya Palace, Opp Bansi Trade Centre,

5/1, Diamond Colony, New Palasia,

Indore-452003

 

Mobile--969-1103689, LL-731-4049358,

 

E-mail - ramkishandrt@gmail.com

 
Popularity of our web site :- The key word for search of our website is 'drt'  or any phrase commencing with 'drt'  We are on the top in Google Search for 'drt' among 28,60,000 results globally. In most of the search engines like yahoo, msn, google, excite, altavista, mamma, alexa etc., To verify, you may visit www.yahoo.com, www.msn.com, www.rediff.com, www.indiatimes.com, www.altavista.com, www.google.com, www.excite.com, www.hotbot.com, www.123india.com, www.aol.com, etc. Our reference appears in www.economictimes.com, www.amazon.comwww.financialexpress.com, www.lawcrawler.com, www.findlaw.com, www.law.com, www.supremecourtofindia.com, www.supremecourtonline.com

(2) We have created a separate web site www.usindolegal.com which deals exclusively with our US joint venture enterprise for activities like BPO, legal BPO, DRT etc. This site has started appearing in the search results of Google, Mamma, Alexa and Yahoo.

Application of Law of Torts in claiming Damages from Municipal Corporations for demolition of structures, closure of shops etc:- In many parts of the country, the Municipal Corporations are demolishing structures like shops and houses which existed for number of years. The shops existing for number of years are proposed to be shut down. The affected persons should claim Damages under the Law of Torts, which would be substantial. It is learnt that in Delhi itself about 5 lac shops are to be closed down and about 25 lac persons would be out of jobs. All these persons should file damage suits in the civil court. Since the damages would be substantial, the suits may be filed as Indigent Persons. Since the damages would attract interest, the usual delay by the civil courts will not affect the final outcome. The affected shop owners may discuss the details with us on phone.

Our Articles for Borrowers and Guarantors:- Our articles on DRT matters have been published in the Financial Express. The All India Manufacturers Organisation in its famous web site www.aimoindia.org has reproduced copies of our four articles. These original articles can be searched in the archive of the Financial Express in its web site www.financialexpress.com Two of these articles have been reproduced in other pages of this web site. 

Useful link www.WorldVideoBusiness.com :- WorldVideoBusiness-WVB® is a business to business e-marketplace source of international trade leads, and tender opportunities from companies and government organizations around the globe.

About Us in Brief :-  (1) We specialize in DRT (Debt Recovery Tribunal) and NCLT (National Company Law Tribunal) matters. As a whole you may approach us for all DRT Problems and Solutions.  (2) For your all problems including those in DRT, please phone us or send e-mail. Please give your contact details along with your problems in brief. As a whole you may approach us for all DRT Problems and Solutions.  (2) With our Legal Opinion, you need not worry about the Securitisation Act or other DRT matters or NCLT. Please visit the page Products & Services and Frequently Asked Questions (3) On account of our expertise in the Law of Torts and Banking and experience past 25 years, we can help you to submit suitable defence with winning strategy in DRT cases, Securitisation Act, Guarantors' defence etc.  (4) We need only copies of all available documents  to render our expert 'Legal Opinion' which will be quite useful and valuable to you particularly in DRT i.e. Debt recovery Tribunal. (5) We have also handled assignments for preparation of damage claims against Electricity Boards, Insurance Companies, Municipal Corporations etc. all on the basis of the Law of Torts.  (6) The DRT counterclaims is to be prepared well in advance so that it could be raised at proper time in DRT or other forum to safeguard the securities and assets. (7) Several DRT counterclaims drafted by us are being handled by different advocates at DRT Mumbai, DRT Delhi, DRT Jabalpur etc. Thus DRT advocates are available in these cities. Cases in other Debt Recovery Tribunals are under process. (8) This site is updated monthly mostly on every first Monday of the month or for urgent release on any day with latest material. (9) For further details about us, please visit the page About Us-DRT Solutions As a whole you may approach us for all DRT Problems and Solutions. We hail from the place to which Maharishi Mahesh Yogi and Acharya Rajnish belong and hence this site is dedicated to them.

Our this web site is dedicated to Yoga Rishi Baba Ramdev Ji Maharaj:- Our this web site is respectfully dedicated to Yoga Rishi Baba Ramdev Ji Maharaj whose method of Pranayam has cured even incurable diseases and thus has revolutionized modern medical science. For further details please visit our special page by clicking here Baba Ramdev Ji Maharaj, Yoga Guru, Cure for All Diseases, Medical Science Revolution

Site also dedicated to:-   (1) Swami Ramdevji, Acharya Balkishan and their Guru Pradumn Maharaj.

                                             (2) H.H. Maharishi Mahesh Yogi and Acharya Rajnish, the greatest gurus of all time www.maharishi.com, www.osho.com

                                           (3) Shri Hira Ratan Manek (HRM) for his pioneering work on Solar healing vide his web site www.solarhealing.com and forum at www.lifemysteries.com                                    

We regularly practice TM and SCI of Maharishi Mahesh Yogi. We also regularly practice Hath Yoga including Pranayam based on Baba Ramdev Ji  Maharaj. We daily watch his global TV program on Astha Channel from 05:30 AM to 8AM and 8PM to 9PM Indian Standards Time. On Sanskar channel, we daily view the discourse of Pradumn Maharaj from 4 AM to 5:30 AM. Many chronic diseases such as Cancer, Parkinsons' disease, Polio, Asthma, Hypertension, diabetes etc. have been cured by the said method of Pranayam which can be learnt even by watching his program on TV. Since 30th March '06, we have started practicing Sun Gazing as prescribed by HRM.

                                    (3) Shri Satyanarayan Morya alias 'Babaji' for his praiseworthy service to our nation. Please visit his site www.artistbaba.com 

Disclaimer:- We have no branch or setup other than at Indore. It is observed that some persons are using name of our firm as well as name of our web site. We have not given  any such authority to anyone to do so. Under such facts and circumstances, if anybody suffers any loss, we shall not be responsible. If such instance comes to notice of someone, we may kindly be informed.

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