Courts & Tribunals Practice
Debt Recovery Lawyer in Delhi
Debt recovery in India is a multi-track process. Use all tracks.
200+
DRT Matters
₹1,000Cr+
Debt Recovered
85%
Recovery Success Rate
Our Practice Before This Forum
Debt recovery in India requires a multi-track strategy — choosing between DRT proceedings, SARFAESI enforcement, IBC-based recovery, summary suits in Commercial Courts, and negotiated settlements based on the nature of the debt, the security available, and the financial condition of the debtor. Corpus Juris Legal's debt recovery practice operates across all these mechanisms, advising banks, NBFCs, financial institutions, and commercial creditors on the fastest and most effective path to recovery.
- — DRT Original Application (OA) filing and prosecution in Delhi
- — SARFAESI 13(2) notice, possession, and sale proceedings
- — IBC Section 7 and Section 9 applications for insolvency-based recovery
- — Summary suits in Commercial Courts for undisputed debts
- — Garnishee proceedings and attachment before judgement
- — Settlement and one-time settlement (OTS) negotiation
Frequently Asked Questions
What is the minimum debt amount for DRT proceedings?+
The Debt Recovery Tribunals Act applies to recovery of debts due to banks and financial institutions of ₹20 lakh and above. For amounts below this threshold, civil court proceedings in Commercial Courts are available. IBC has a ₹1 crore minimum default threshold for CIRP applications.
Is SARFAESI or DRT faster for secured debt recovery?+
SARFAESI is generally faster — a secured creditor can take physical possession of secured assets within 60 days of the 13(2) demand notice if the borrower does not repay. DRT proceedings involve adjudication and typically take 1-3 years. Many creditors use both simultaneously — SARFAESI for asset security and DRT for a legal title to the debt.
Can a commercial creditor (non-bank) use DRT?+
DRT is primarily available to banks and financial institutions as defined under the Debt Recovery Tribunals Act. Commercial creditors without bank/FI status must use civil courts or IBC. Under IBC, any operational creditor with a default above ₹1 crore can file a CIRP application — making IBC an effective recovery tool for large commercial debts.
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