Rs 10L Recovery Limit for DRT Filings Now Also Applies to Applications Between 26.09.2018 and 30.06.2019 | Finance Ministry

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  • By Chetan Kulasri
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  • Last Updated on 27 April, 2024

recovery limit for DRT filings

Notification No. S.O. 1796(E)., Dated 25.04.2024

Earlier, Finance Ministry vide notification dated 11.07.2019, stated that the pecuniary limit of Rs. 10 Lakhs for filing application for recovery of debts in the Debts Recovery Tribunals by such banks and financial institutions shall continue to apply for applications filed prior to 06.09.2018. Now, Ministry has stated that this limits shall also be applicable to applications filed between 26.09.2018 and 30.06.2019.

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