DRT  Legal  Solutions

(Debts Recovery Tribunal Legal Solutions) is an India based

Law Firm since 2000 specializing in DRT, Securitisation, Sarfaesi & Defense of Borrowers in 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 Advocates & Lawyers - Useful Tips

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

Weekly Mails - 1-10  11-20  21-30  31-40  41-50  51-60  61-70  71-80 81-90 91-100 101-110 111-120 121-130 131-140 141-150 151-160 161-170 171-180 181-190 191-200 201-210 211-220 221-230 231-240 241-250 251-260  261-270  271-280 281-290 291-300 301-310 311-320 321-330 331-340 341-350 351-360 361-370 371-380 381-390 391-400 401-410 411-Latest

 

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

 

 

 

Google

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.

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

Following tips will be useful to the DRT Advocates. For further elaboration or clarifications, you may contact us on phone or personally. We shall be glad if you deal with your clients suitably. Some of those clients may be those who got their pleadings prepared from us. Our goal is as to how to help the borrowers who are too small and weak to fight the mighty banks and their arrogant officials.

●  The Client is a sufferer. He is like a patient having acute pain. He comes to you just like the patient approaches a doctor to get relief. Please attend to him like a doctor.

●   Listen to him sympathetically. Enquire what immediate relief he needs. Please tell him frankly and honestly what can be done and what can not be done.

●  His telephone calls be attended to immediately. The international norms are response within 3 rings. Sometimes his requirements are immediate and hence it will be better for you to carry your mobile at all places so that response is quick and immediate whether you are in the bath room, taking food or doing pooja. In your absence, the call should be attended to by responsible person like your wife or other person.

●   Please tell him the overall litigation process and the costs involved. He must understand clearly whether he can afford the costs and expanses.

●    Please enquire whether he has any experience of litigation process and court battles.

●   Does he understand and know the material facts thoroughly. These facts include the working of industry, industrial finance, banking, working capital, industrial sickness, documentation, understanding of law involved at every activity etc. If he does not understand and know, he will have to get the cases prepared by experts in the line like us otherwise he should not hope for relief or any winning strategy.

●   Does he have proper documents to support the material facts of the case?

●   Does he understand the aims, objectives and scheme of the DRT Act and Securitisation Act?

●   Does he understand that despite all possible efforts if the case is decided against him in DRT, he may have to appeal to ADRT (i.e. Appellate DRT)?

●   Does he understand that in the said appeal, he has to pay the appeal fee as well as deposit to the extent of 50% of the debt due decided by the DRT?

●   Does he understand that either he has to take care of this aspect of 50% of deposit in preparing his case right in the beginning so that during trial it is established whether it is possible for him to pay such deposit or not when called for?

●    Does he understand the meaning and scope of counter-claim?

●    Does he understand the law of torts?

●    Does he understand RBI Guidelines?

●    Does he understand the law of damages?

●   Has he gone through our web site www.drtsolutions.com? Has he taken print of the site and studied it thoroughly well?

●   If he depends on a consultant or his law officer, are those persons competent enough for understanding the above?

●   Does he understand the opponents i.e. the bank employees, their law departments, law officers, counsels, Indian Bank Association, DRTs, supporting forces in Ministry of Finance, Ministry of Law, Govt. of India, general public and courts.

●   Several DRT advocates in the country are handling counter-claims prepared by us. These advocates at these places will also be available. We are having constant interactions with the clients and visitors of our site. Accordingly the site is updated and hence it gets richer day by day. You will gain a lot if you and your clients visit it regularly every week. Our e-mail ID is ramkishandrt@gmail.com .

●  Normally we don't advise hiring of our advocates from Indore as they are comparatively expensive and further the client will have to bear additional travelling, lodging and boarding, daily charges etc even for ineffective dates. Hence it will be better that the client is always and constantly in touch with us and then interacts with his local advocate.

●  When you are handling the DRT case of a borrower, explain him the implications of the pleadings in detail. Sit with him at least a week in advance of the date. Encourage him to study the provisions of law, let him read the judgment. Ask him to attend the date in the court. Encourage him to draft the applications etc. All this will be a great help to you and in turn will greatly contribute to the success of the case. With such approach and success, you will get more clients and with passage of time, better judgment will be achieved.

horizontal rule

 

Our Client wins in Securitisation Appeal against 4 Banks in DRT – amount involved nearly Rs. 90 crores and a tooth & nail fight of 4 years

Entire Judgment reproduced vide link DRT Orders in favour of Borrowers & Guarantors

 

(1)     The PO DRT II Mumbai in his order dated 29.06.10 in respect of Securitisation Application No 33/2006 allowed the same asking the 4 respondent banks to redeliver possession of the properties within 4 weeks.

(2)     This has been most historic legal fight in DRTs for a period of nearly 4 years by law departments of 4 banks against securitization notices dated 30.12.05 and 02.01.06 for Rs. 64.44 crores  and banking aspects of Representation & Objections, NPA, Accounts, Inspection of Documents etc. 

(3)     Such consortium of 4 banks losing Securitisation Appeal fighting tooth and nail for relatively large amount of Rs. 90 crores is most significant.

(4)     The party came to us in 2006. We prepared their damage suit for Rs. 1904 crores which was filed in May 2007. They have been in touch with us practically every day. They worked hard in implementing our philosophy of perfect pleadings and perfect trial on every date. At times they had eloquent fight with their advocates and had to change them. They attended DRT conference at Indore in May 2008. They spread our message to their advocates and other suffering borrowers.

(5)     While on one hand, the said 4 banks have lost their legal battle for recovery through the tool of Securitisation in DRT, the party’s damage suit against the banks filed in 2007 is still continuing wherein the banks are already losing heavily. The case has come to ‘Striking of defence of the banks’ due to non-submission of documents for inspection despite repeated court order.

(6)     This case is a solid proof that a determined borrower can win against banks in DRT. It demolishes the myth that the DRTs favour the banks.

(7)     Such fight proves the power of knowledge of banking, industry, finance and law. Above all this affirms that in a democratic country, citizens have adequate powers and protection against the wrong doings of bueauracracy due to ‘Rule of Law’ being above all.

(8)     We appreciate the sincere and hard work done by our client at every moment of time and they rightly deserve such epoch making victory which will prove to be a mile stone in the history of banking litigations in the country. 

(9)     The party has sent following mail to us:-

 

From national flask ind. ltd. nationalflask@gmail.com

To ramkishan ramkishan@drtsolutions.com & ramkishandrt  ramkishandrt@gmail.com  

 

Date Wed, Jun 30, 2010 at 6:01 PM

Subject MESSAGE 

 

Kind Attn: Mr.Ramkishanji. 

Dear Sir, 

We take this opportunity to thank you very much  for your timely guidance / suggestions during the proceedings of Securitisation Application in DRT.  Because of your guidance, we have succeeded in DRT. The DRT has allowed our Securitisation Application and directed the consortium bankers to repossession of the properties. You have given your best guidance for,

1.         application for  inspection of documents to bring facts on record,

2.         affidavits / rejoinder to put facts on records,

3.         other correspondence with the consortium bankers and,

4.         preparing the arguments,    

 

We once again thank you for your kind support.

Thanking you,

Yours faithfully,

HARESH GANDHI

Important Tip to Old and New Visitors:- A visit to new page Synopsis Video Interview - BS Malik, Sr. Supreme Court Advocate will be highly useful. You may take out the print and study the same. Listening to the video interview will be further useful. You may select the clips for replay for discussions with your colleagues as well as the advocates

DRT, drtsolutions, Debt Recovery Tribunal, DRT matters, DRT WS, DRT Legal Opinions, DRT Arguments, DRT Documents, Appellate DRT, Bank litigations, Securitisation, Counter-claims, expertize in all these matters past more than 30 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

The goal of every litigation is victory for the competent party. It will depend on mastery of facts and mastery of law. In the specific instance of DRT litigations, since the appeal has been made extremely difficult, the only chance for victory is how well and thoroughly one fights his case in DRT itself. This is the last and the only chance. The victory starts if one has prepared his case thoroughly, the pleadings are exhaustive, advocate understands all  the facts and law involved, advocate puts his best at every stage of trial etc. The process is expensive, time consuming and long drawn. The chances for victory will be better if the party himself involves at every moment of the trial

Our Client files damage suit of Rs. 1825 Crores against a bank and a financial institution in Chandigarh:- Our Client, an eminent Supreme Court Advocate (practice more than 25 years in Supreme Court) has filed a damage suit of Rs. 1825 Crores in Chandigarh on 13.01.05 against a bank and a financial institution. The said damage suit was drafted by us and it runs in 118 pages having documents of 537 pages. In a video interview lasting more than 30 minutes on 23.01.05, the said Mr. Malik appreciated our legal concepts, our drafting and our knowledge and experience about application of law of torts to banking, industrial sickness, drt, counter-claim, securitisation act and calculations of damages.

horizontal rule

[Back to Top]

Contact Information :-  

 

205, Morya Palace, Opp Bansi Trade Centre,

5/1, Diamond Colony, New Palasia,

Indore-452003

 

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

horizontal rule

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

horizontal rule

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

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), Counter-claim and SARFAESI Act 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. 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 more than 35 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) 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. (6) Several DRT counterclaims drafted by us are being handled by different advocates at DRT Mumbai, DRT Delhi, DRT Jabalpur etc. (7) This site is updated daily with latest material. (8) 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.  

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.

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.

Last Modified:- Please see the top of the Home Page

Copyright © 2001-2024 - DRT Legal Solutions, India. All rights reserved.