https://www.taxtmi.com/caselaws?id=197132 The Supreme Court addressed the challenges faced by Debt Recovery Tribunals and Appellate Tribunals in efficiently adjudicating and recovering dues owed to banks and financial institutions. Emphasizing the need for specialized tribunals, the Court directed the Union Government to provide detailed plans for improving infrastructure, manpower, and addressing delays in case disposal. The judgment highlighted the significant backlog of cases and the importance of aligning legislative reforms with practical implementation to enhance the effectiveness of the tribunals in resolving disputes related to debts due to public sector entities. en-us Tue, 03 Jan 2017 00:00:00 +0530 Thu, 28 Dec 2017 07:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197132 The Supreme Court addressed the challenges faced by Debt Recovery Tribunals and Appellate Tribunals in efficiently adjudicating and recovering dues owed to banks and financial institutions. Emphasizing the need for specialized tribunals, the Court directed the Union Government to provide detailed plans for improving infrastructure, manpower, and addressing delays in case disposal. The judgment highlighted the significant backlog of cases and the importance of aligning legislative reforms with practical implementation to enhance the effectiveness of the tribunals in resolving disputes related to debts due to public sector entities. Case-Laws Indian Laws Tue, 03 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197132