THE DRT JOURNEY - FROM LOAN DEFAULT TO RECOVERY: A PRACTICAL GUIDE BANK RECOVERY, PROCEEDINGS AND BORROWER RIGHTS IN INDIA

When a loan goes into default, what happens next? What does the bank's notice mean? When does a matter reach the DRT? What is a Recovery Certificate? What happens before the Recovery Officer? What remedies may be available to a borrower or guarantor?The DRT Journey: From Loan Default to Recovery is a practical guide designed to help readers understand the stages of bank recovery and DRT proceedings in India. Written from the perspective of a practising advocate, it explains the journey from loan default and NPA to recovery proceedings, defence, Recovery Certificates, Recovery Officer proceedings, execution and available remedies. It also introduces SARFAESI, settlement and related recovery mechanisms, while addressing the practical concerns of borrowers, guarantors and business owners.This book is intended as a clear starting point and practical roadmap, not a substitute for detailed DRT law books, statutory commentaries or case-specific legal advice.- Adv. Vikram Ravishankar