https://www.taxtmi.com/caselaws?id=108849 Section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, as amended, expressly authorises the Debts Recovery Tribunal to deal with defendants' counterclaims and the bank's objections in a transferred recovery proceeding. The Tribunal's earlier view that the counterclaim arose from a separate cause of action was not examined on its merits because the amendment clarified the Tribunal's competence. The transferred application was therefore to be decided by the Tribunal, including the counterclaim, and disposed of expeditiously. en-us Thu, 26 Sep 2002 00:00:00 +0530 Wed, 04 Apr 2012 12:24:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108849 Section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, as amended, expressly authorises the Debts Recovery Tribunal to deal with defendants' counterclaims and the bank's objections in a transferred recovery proceeding. The Tribunal's earlier view that the counterclaim arose from a separate cause of action was not examined on its merits because the amendment clarified the Tribunal's competence. The transferred application was therefore to be decided by the Tribunal, including the counterclaim, and disposed of expeditiously. Case-Laws Companies Law Thu, 26 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108849