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What is the pecuniary jurisdiction of the DRTs?

drts jurisdiction pecuniary
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10 Posted

What is the pecuniary jurisdiction of the DRTs?

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10

The provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 shall not apply where the amount of debt due to bank or financial institution or to a consortium of banks or financial institutions is less than ten lakhs rupees or such other amount, being not less than one lakh rupees, as the Central Government may, by notification, specify.

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