In a significant legal development, the Delhi High Court has handed down a ruling that has far-reaching implications for the jurisdiction of Debt Recovery Tribunals (DRT) under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. The court’s decision, issued by a Division Bench comprising Justice Vibhu Bakhru and Justice
DRT Cannot Entertain a Claim for an Amount Less Than Rs.10 Lakhs Under the SARFAESI Act: Delhi HC
