SC issues notice to Centre over vacancies in Debt Recovery Tribunals

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Debt Recovery Tribunals According to the PIL, arsenic of September 30, 2024, 11 DRTs are without Presiding Officers, severely impacting their quality to resoluteness cases efficiently. (Express Photo)

The Supreme Court connected Monday issued notices to the Ministry of Finance connected a PIL highlighting captious vacancies successful Debt Recovery Tribunals (DRTs) crossed India.

A seat comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar heard the submissions of Sudarshan Rajan, appearing for PIL petitioner Nischay Chaudhary, and sought the effect of the Union Ministry of Finance. The PIL raised concerns that astir one-third of the 39 DRTs successful the state are presently non-functional owed to lack of Presiding Officers, undermining their halfway nonsubjective of expediting indebtedness betterment for banks and fiscal institutions.

The DRTs are acceptable up nether the Recovery of Dues to Banks and Financial Institutions Act of 1993 to alteration banks and fiscal institutions retrieve atrocious debts from borrowers.

According to the PIL, arsenic of September 30, 2024, 11 DRTs are without Presiding Officers, severely impacting their quality to resoluteness cases efficiently. The petitioner argues that this inaction frustrates the intent of the 1993 law, which was enacted to guarantee timely adjudication and betterment of debts.

The PIL besides emphasises that speedy justness is simply a cardinal close nether Articles 14 and 21 of the Constitution, arsenic recognised by the Supreme Court successful the lawsuit of District Bar Association Dehradun vs. Ishwar Shandilya successful 2020.
The PIL sought a absorption to the Ministry of Finance to nutrient records relating to the enactment and assignment of Presiding Officers successful DRTs to measure the government’s seriousness successful addressing these vacancies.

It besides sought a absorption to the Centre to mandate the timely filling up of existing vacancies and found mechanisms to forestall delays successful aboriginal appointments.

As interim measures, it sought a absorption that the powers of non-functional DRTs are vested successful different tribunals to forestall disruption of services.

“Issue immoderate further orders to safeguard the businesslike functioning of DRTs successful the involvement of justice,” the PIL said.

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