Home India Ministry of Finance The Central Govt. hereby makes the following amendments in t...
Date: 2015-05-29 Category: Extra Ordinary State: Union Government Country: India

The Central Govt. hereby makes the following amendments in the notification of the Govt. of India in the Ministry of Finance, Department of Financial Services (Banking Division) number G.S.R. 48(E), dated the 18th January, 2002.

Issued by Ministry of Finance · Department of Financial Services

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Ministry of Finance, Department of Financial Services, dated May 11, 2015, announces amendments to the jurisdiction of Debts Recovery Tribunals (DRTs) in Delhi. It replaces the existing table and annexures in the notification G.S.R. 48E, dated January 18, 2002, with a new table and annexures specifying the area of jurisdiction for each DRT. The notification is issued in exercise of the powers conferred by section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. Key Points / Main Content: * **Amendment Notification:** G.S.R. 434 E, dated May 11, 2015. * **Governing Law:** Section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. * **Superseded Notification:** G.S.R. 48E, dated January 18, 2002. * **Table and Annexure Substitution:** The existing Table and Annexures I, II, and III in G.S.R. 48E are replaced. **Debts Recovery Tribunal Jurisdictions:** * **DRT 1, Delhi:** * Location: 4th Floor, Jeevan Tara Building, Parliament Street, New Delhi 110001. * Jurisdiction: Police stations as per Annexure I, including areas from South Delhi District, South West Delhi District and West Delhi District. * **DRT 2, Delhi:** * Location: 4th Floor, Jeevan Tara Building, Parliament Street, New Delhi 110001. * Jurisdiction: Police stations as per Annexure II, including areas from New Delhi District and East Delhi District. * **DRT 3, Delhi:** * Location: 4th Floor, Jeevan Tara Building, Parliament Street, New Delhi 110001. * Jurisdiction: Police stations as per Annexure III, including areas from Central Delhi District, North East Delhi District, North Delhi District and North West Delhi District. Impact Analysis: **Banks and Financial Institutions:** * *Impact:* Need to file recovery cases in the DRT that has jurisdiction over the specific police station area where the debtor is located. * *Action Required:* Update internal processes and legal filings to reflect the new jurisdictional boundaries for DRTs in Delhi. **Debtors:** * *Impact:* Legal proceedings for debt recovery will be conducted in the DRT that has jurisdiction over the police station area where they are located. * *Action Required:* Be aware of the DRT that has jurisdiction over their case based on their location and respond accordingly. **Debts Recovery Tribunals (DRTs):** * *Impact:* DRTs will need to manage cases according to the revised jurisdictional boundaries. * *Action Required:* Implement the new jurisdictional guidelines, update case management systems, and ensure that cases are handled by the appropriate DRT.

Key Entities Referenced

Recovery of Debts Due to Banks and Financial Institutions Act, 1993: An act of the Indian Parliament that provides for the establishment of tribunals for expeditious adjudication and recovery of debts due to banks and financial institutions. Ministry of Finance: A ministry in the Government of India responsible for the finances of the country. Department of Financial Services: A department within the Ministry of Finance, Government of India. New Delhi: The capital of India, where the notification was issued. Debts Recovery Tribunal: A tribunal established under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 to facilitate the recovery of debts due to banks and financial institutions. South Delhi District: An administrative district within the National Capital Territory of Delhi, India. South West Delhi District: An administrative district within the National Capital Territory of Delhi, India. West Delhi District: An administrative district within the National Capital Territory of Delhi, India.
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नारायणा, मायापरु ी, (cid:4)द(cid:6) ली िजला इ+ ,पुरी, नजफगढ़, जाफरपुर और इस Bे/ म3 मौजूद या भिवKय म3 सृिजत (cid:4)कए जाने वाला कोई अ+य पुिलस (cid:21) टेशन। 3 पिMच मी (cid:4)द(cid:6)ल ी पटेल नगर, आनंद पव>त, मोती नगर, ितलक नगर, जनकपुरी, िवकासपुरी पंजाबी बाग, पिMच म िवहार, िजला नांगलोई, राजौरी गाड>न, हNर नगर, क(cid:30)Oत नगर और इस Bे/ म3 मौजूद या भिवKय म3 सृिजत (cid:4)कए जान े वाला कोई अ+ य पुिलस (cid:21)ट ेशन। अअअअननननबबुुबबुु धधंंधधंं ---- II ऋऋऋऋणणणण ववववससससूलूलूलूलीीीी अअअअििििधधधधककककररररणणणण----2222,,,, (cid:27)(cid:27)(cid:27)(cid:27)दददद(cid:29)(cid:29)(cid:29)(cid:29)लल लल ीीीी ककककाााा अअअअििििधधधधककककाााा(cid:23)(cid:23)(cid:23)(cid:23)ररररतततताााा (cid:26)(cid:26)(cid:26)(cid:26)(cid:7)(cid:7)ेे(cid:7)(cid:7)ेे (cid:17)(cid:17)(cid:17)(cid:17)मममम सससस..ंं..ंं (cid:26)(cid:26)(cid:26)(cid:26)(cid:7)(cid:7)ेे(cid:7)(cid:7)ेे पपपपििुुििुुललललसससस (cid:19)(cid:19)(cid:19)(cid:19)टट टट ेेेेशशशशनननन 1111.... 2222.... 3333.... 1 नई (cid:4)द(cid:6) ली िजला संसद माग,> मं(cid:4)दर 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आई पी इ(cid:21)ट ेट, पहाड़गंज, डीबीजी रोड, नबी करीम, करोलबाग, $साद नगर, रािज+द र नगर और इस Bे/ म3 मौजूद या भिवKय म3 सृिजत (cid:4)कए जाने वाला कोई अ+य पुिलस (cid:21)ट ेशन। 2 पवू S.त र (cid:4)द(cid:6)ल ी सीलमपुर, गोकुलपुरी, भजनपुरा, शाहदरा, वेलकम, मानसरोवर पाक>, सीमापुरी, नंद नगरी और इस Bे/ िजला म3 मौजूद या भिवK य म3 सृिजत (cid:4)कए जाने वाला कोई अ+य पुिलस (cid:21)ट ेशन। 3 उ. तरी (cid:4)द(cid:6) ली िजला िसिवल लाइ+ स, ितमारपुर, Tप नगर, मौNरस नगर कालोनी, सU जी मVड ी, $ताप नगर, सराय रोिह(cid:6)ल ा, बाड़ा िह+ द ुराव, सदर बाजार, कM मीरी गेट, कोतवाली, लाहोरी गेट, टाऊन हाल (चांदनी चौक) और इस Bे/ म3 मौजूद या भिवKय म3 सृिजत (cid:4)कए जाने वाला कोई अ+य पुिलस (cid:21)ट ेशन। 4 पिMच मो.त र (cid:4)द(cid:6)ल ी सु(cid:6) तानपुरी, मंगोलपुरी, कंझावला, अशोक िवहार, सर(cid:21)व ती िवहार, केशवपुरम, शालीमार बाग, िजला जहांगीरपुरी, रोिहणी, नरेला, समयपुर बादली, अलीपुर, मुखजQ नगर, आदश> नगर, मॉडल टाऊन और इस Bे/ म3 मौजूद या भिवKय म3 सृिजत (cid:4)कए जाने वाला कोई अ+य पुिलस (cid:21)ट ेशन।” [फा. सं. 9/9/2012-डीआरटी (पाट>)] राजेश अHवाल, संयु9त सिचव पपपपाााादददद (cid:23)(cid:23)(cid:23)(cid:23)टटटट पप पप णणणणीीीी:::: मूल अिधसूचना 18 जनवरी, 2002 को सा.का.िन. 48(अ) के #ारा $कािशत )ई थी।¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3 MINISTRY OF FINANCE ((((Department of Financial Services) NOTIFICATION New Delhi, 11th May, 2015 G.S.R. 434 (E). — In exercise of the powers conferred by section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Financial Services (Banking Division) number G.S.R. 48(E), dated the 18th January, 2002, namely:- In the said notification, for the Table and Annexure- I, II and III, the following Table and Annexure shall be substituted, namely: – “TABLE S. Name of DRT Location Area of Jurisdiction No. (1) (2) (3) (4) 1. Debts Recovery 4th Floor, Jeevan Tara Building, Area comprising Police Stations as per Tribunal – 1, Parliament Street, New Delhi - Annexure-I. Delhi. 110001. 2. Debts Recovery 4th Floor, Jeevan Tara Building, Area comprising Police Stations as per Tribunal – 2, Parliament Street, New Delhi - Annexure-II. Delhi. 110001. 3. Debts Recovery 4th Floor, Jeevan Tara Building, Area comprising Police Stations as per Tribunal – 3, Parliament Street, New Delhi - Annexure-III. Delhi. 110001. Annexure-I Jurisdiction of Debts Recovery Tribunal – 1, Delhi 1. South Delhi District Hauz Khas, Malviya Nagar, Mehrauli, Defence Colony, Lodhi Colony, Kotla S. No. Area Police Station (1) (2) (3) Mubarakpur, Lajpat Nagar, Srinivas Puri, Hazart Nizamuddin, Greater Kailash, Chittaranjan Park, Ambedkar Nagar, Kalkaji, Badarpur, Okhla and any other police station which may be existing or may be created in future in this area. 2. South West Delhi District Vasant Vihar, R.K. Puram, Sarojini Nagar, Delhi Cantt., Vasant Kunj, Dabri, Naraina, Mayapuri, Inder Puri, Najafgarh, Jafferpur and any other police station which may be existing or may be created in future in this area. 3. West Delhi District Patel Nagar, Anand Parbat, Moti Nagar, Tilak Nagar, Janakpuri, Vikaspuri, Punjabi Bagh, Paschim Vihar, Nangloi, Rajouri Garden, Hari Nagar, Kirti Nagar and any other police station which may be existing or may be created in future in this area. Annexure-II Jurisdiction of Debts Recovery Tribunal – 2, Delhi S. No. Area Police Station (1) (2) (3) 1. New Delhi District Parliament Street, Mandir Marg, Connaught Place, Tilak Marg, Chankya Puri, Tughlak Road and any other police station which may be existing or may be created in future in this area. 2. East Delhi District Kalyanpuri, Trilokpuri, Vivek Vihar, Anand Vihar, Preet Vihar, Shakarpur, Gandhi Nagar, Krishna Nagar, Geeta Colony and any other police station which may be existing or may be created in future in this area.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] Annexure-III Jurisdiction of Debts Recovery Tribunal – 3, Delhi S. No. Area Police Station -(1) (2) (3) 1. Central Delhi District Daryaganj, Chandni Mahal, Jama Masjid, Kamla Market, Hauz Quazi, I.P. Estate, Pahar Ganj, D.B.G. Road, Nabi Karim, Karol Bagh, Prasad Nagar, Rajinder Nagar and any other police station which may be existing or may be created in future in this area. 2. North East Delhi District Seelampur, Gokul Puri, Bhajanpura, Shahdara, Welcome, Mansarovar Park, Seema Puri, Nand Nagari and any other police station which may be existing or may be created in future in this area. 3. North Delhi District Civil Lines, Timarpur, Roop Nagar, Maurice Nagar Colony, Subzi Mandi, Partap Nagar, Sarai Rohilla, Bara Hindu Rao, Sadar Bazar, Kashmere Gate, Kotwali, Lahori Gate, Town Hall (Chandni Chowk) and any other police station which may be existing or may be created in future in this area. 4. North West Delhi District Sultanpuri, Mangolpuri, Kanjahanwala, Ashok Vihar, Saraswati Vihar, Keshavpuram, Shalimar Bagh, Jahangirpuri, Rohini, Narela, Samaipur Badli, Alipur, Mukherjee Nagar, Adarsh Nagar, Model Town and any other police station which may be existing or may be created in future in this area.” [F. No. 9/9/2012-DRT (Part)] RAJESH AGGARWAL, Jt. Secy. Footnote: The principal notification was published vide number G.S.R. 48 (E), dated the 18th January, 2002. Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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