SARFAESI & DRT Knowledge Base
NPA Account: What Legal Rights Does a Borrower Have After an Account Becomes NPA?
When a bank classifies a loan account as a Non-Performing Asset (NPA), borrowers often assume that they have lost control…
Prabhav Srivastava
Can SARFAESI Apply to Unsecured Loans or Credit Card Dues?
When a borrower defaults on a personal loan or credit card, the lender may send reminders, report the default, or…
Prabhav Srivastava
Bank Recovery Notice Received: What Should a Borrower Do Next?
Receiving a bank recovery notice can be stressful, especially when the notice mentions an outstanding loan amount, possible legal action,…
Prabhav Srivastava
DRAT Appeal Against DRT Order: Procedure, Limitation, Pre-Deposit & Grounds
A DRT order does not necessarily bring a borrower’s legal fight to an end. If a borrower, secured creditor or…
Prabhav Srivastava
What Happens After Filing a Section 17 Application Before the DRT? Complete Borrower Guide
When a bank starts taking action against a borrower under the SARFAESI Act, the situation can become serious very quickly.…
Prabhav Srivastava
Can a Bank Recover Loan Dues Through DRT After Taking SARFAESI Action?
When a borrower defaults on a secured loan, a bank or financial institution may have more than one legal mechanism…
Prabhav Srivastava
DRT Recovery Certificate: What Happens After the Tribunal Passes an Order Against a Borrower?
When a bank or financial institution approaches the Debt Recovery Tribunal (DRT) for recovery of outstanding dues, the proceedings do…
Prabhav Srivastava
DRT vs Civil Court for Bank Loan Recovery: Which Court Has Jurisdiction?
When a borrower defaults on a bank loan, one of the first legal questions is often: Should the dispute go…
Prabhav Srivastava
How to Stop a Bank Auction on Your Property in India
“Can I actually stop this?” That’s the first question almost every borrower asks the moment they learn their property is…
Prabhav Srivastava
SARFAESI E-Auction Process: What Borrowers in Noida and Ghaziabad Should Know
If your bank has informed you that your property is going up for e-auction, the situation can feel confusing and…
Prabhav Srivastava
What Happens After You Receive a Section 13(2) Demand Notice: Complete Timeline
Getting a notice from your bank under Section 13(2) of the SARFAESI Act is scary. Most people read it once,…
Prabhav Srivastava
Step-by-Step Guide to Filing a Section 17 Securitization Application at DRT Delhi
If a bank has sent you a possession notice under the SARFAESI Act, or worse, has already taken physical possession…
Prabhav Srivastava