**Executive Summary**
The Department of Financial Services (DFS), Ministry of Finance, organised a colloquium for Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) on December 30, 2025, in New Delhi. The colloquium focused on deepening digitisation of tribunals and optimizing the recovery process. Discussions included the optimum usage of Lok Adalats and structured training programs.
**Key Points / Main Content**
* **Digitisation of Tribunals:**
* The Department is deepening the digitisation of tribunals to improve processes.
* Key initiatives include mandatory e-filing, video conferencing, and hybrid hearings.
* **Enhancing Recovery Processes:**
* Measures to strengthen, monitor, and oversee bank mechanisms for increased recovery through DRTs were discussed.
* Focused attention should be given to high-value cases in DRTs for optimizing recovery.
* Optimum usage of Lok Adalats as an alternate dispute resolution mechanism for faster case disposal should be considered.
* Further process reforms are required to improve disposal in DRTs.
* **Capacity Building:**
* Structured training programs for Presiding Officers, Recovery Officers, Registrars and authorised officers of banks will be developed by the Department and Banks.
* **Legal Amendments:**
* Suggestions regarding amendments to the Recovery of Debts and Bankruptcy Act, 1993 and Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 were discussed.
* **Best Practices:**
* Tribunals should learn from the best practices followed in other DRTs where disposal is impressive.
**Impact Analysis**
**Key Stakeholders:** Chairpersons and Presiding Officers of Debts Recovery Tribunals (DRATs and DRTs).
**Impact:** Enhanced operational efficiency through digitalisation and improved recovery processes.
**Action Required:** Participate in the structured training programs, adopt best practices from other DRTs, and implement the discussed changes in digitisation and process reforms.
**Key Stakeholders:** Banks (Public and Private Sector Banks).
**Impact:** Improved recovery rates and strengthened oversight mechanisms.
**Action Required:** Strengthen monitoring mechanisms, focus on high-value cases, and participate in capacity building measures.
**Key Stakeholders:** DFS (Department of Financial Services), Ministry of Finance.
**Impact:** Deeper Digitisation of tribunals.
**Action Required:** Capacity building measures.
Key Entities Referenced
Department of Financial Services (DFS): Ministry of Finance department that organized the colloquium.
Debts Recovery Tribunals (DRTs): Tribunals focused on debt recovery, key topic of the colloquium.
Debts Recovery Appellate Tribunals (DRATs): Appellate tribunals related to debt recovery, key topic of the colloquium.
Recovery of Debts and Bankruptcy Act, 1993: Act discussed for potential amendments.
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002: Act discussed for potential amendments.
Ministry of Finance
DFS organises a colloquium of Chairpersons of
Debts Recovery Appellate Tribunals (DRATs) and
Presiding Officers of Debts Recovery Tribunals
(DRTs)
Secretary, DFS highlights key initiatives for deepening
digitisation of tribunals
Discussions on optimum usage of Lok Adalats as ADR
mechanism, focused attention on high value cases in DRTs,
structured training programs for Presiding Officers, Recovery
Officers, Registrars and authorised officers of banks
प्रव तथ: 30 DEC 2025 5:34PM by PIB Delhi
The Department of Financial Services (DFS), Ministry of Finance organised a colloquium of Chairpersons
of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals
(DRTs) today at Vigyan Bhavan, New Delhi. Secretary, DFS addressed the participants which included
senior officers of the DFS, representatives of various public and private sector banks and Indian Banks’
Association.
The Secretary underlined the key initiatives taken by the Department for deepening of digitisation to
improve the processes of tribunals such as adoption of mandatory e-filing, use of video conferencing,
hybrid hearings etc. The colloquium witnessed discussions on wide-ranging issues to enhance theeffectiveness of recovery process in DRTs. The key areas of discussions included:
a. Measures to be taken for further strengthening, monitoring and oversight mechanisms of banks for
increasing recovery through DRTs;
b. Focused attention on high value cases in DRTs for optimizing recovery;
c. Optimum usage of Lok Adalats as an alternate dispute resolution mechanism for expeditious
disposal of cases;
d. Further process reforms to improve disposal in DRTs;
e. Capacity building measures to be taken by the Department and Banks including structured training
programs for Presiding Officers, Recovery Officers, Registrars and authorised officers of banks.
The discussions were held on the suggestions regarding amendments to the Recovery of Debts and
Bankruptcy Act, 1993 and Securitisation and Reconstruction of Financial Assets and Enforcement of
Security Interest Act, 2002, in order to further enhance the effectiveness of these laws.
The tribunals were urged to learn from the best practices followed in other DRTs where disposal is
impressive.***
NB/PK
(रलीज़ आईडी: 2209853) आगंतुक पटल : 779
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Punjabi