Received a DRT Notice? Know Your Legal Rights and Defences Under India’s Debt Recovery Law
New Delhi [India], April 22: Each year, hundreds of thousands of individual borrowers, small business owners, and personal guarantors across India receive notices from Debt Recovery Tribunals — often without understanding that the law gives them significant rights, timelines to respond, and legal remedies that can fundamentally alter the outcome of recovery proceedings.Unified Chambers and Associates, a specialist debt recovery law firm appearing across all 39 Debt Recovery Tribunals and 5 Debt Recovery Appellate Tribunals in India, has published this guide to help borrowers, MSMEs, and guarantors understand what happens at DRT — and what they can do about it.What Is a DRT Notice and What Happens If You Ignore It?When a bank or NBFC files an Original Application (OA) against a ...










