New Delhi, May 4 -- The Department of Financial Services (DFS) under Ministry of Finance held a colloquium of chiefs of Debts Recovery Appellate Tribunals (DRATs) and presiding officers of Debts Recovery Tribunals (DRTs) at Vigyan Bhavan to review measures aimed at strengthening the debt recovery framework and reducing case pendency.
The discussions focused on improving disposal rates and enhancing institutional capacity through targeted training programmes and infrastructure upgrades.
Officials noted an improvement in monthly case disposals and urged tribunals to adopt best practices from high-performing DRTs to further accelerate outcomes.
The colloquium also served as a platform for policy dialogue and reform, enabling exchange of ...