DRT & SARFAESI Act Made Simple | Possession, Auction & Sale Certificate

Описание: In this video, Adv. Vishal Bendre explains the Debt Recovery Tribunal (DRT), its formation under the RDDBFI Act, 1993, and how the SARFAESI Act, 2002 empowers banks and financial institutions to recover secured loans without court intervention.

👉 Key Topics Covered:

Introduction to DRT: Purpose, Jurisdiction & Powers

What loan matters go to DRT?

Step-by-step SARFAESI Recovery Process

Section 13(2) Demand Notice

Section 13(4) Possession Notice

Role of Magistrate under Section 14

Auction Sale & Sale Certificate

Borrower’s Rights & Appeals to DRT

Difference between DRT & Civil Court proceedings

⚖️ This video is useful for law students, advocates, bankers, and borrowers who want to understand secured loan recovery procedures in India.

💡 Stay tuned till the end for a clear sequence of recovery steps and practical insights on notices, possession, and sale of secured assets.

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