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    <title>1997 (5) TMI 443 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=281021</link>
    <description>A Debt Recovery Tribunal has exclusive jurisdiction over bank and financial institution recovery claims, so a civil suit within that jurisdiction must be transferred even if a counter-claim, cross-claim or cross-suit has been filed in civil court. However, those independent claims do not travel with the transferred suit because the Tribunal&#039;s special, limited jurisdiction does not extend to trying cross-suits, cross-claims or set-off as separate causes of action. The Tribunal may consider defensive matters such as denial, payment or adjustment when determining the bank&#039;s claim, but it cannot entertain or decide an independent set-off or counter-claim. The bank&#039;s recovery action proceeds before the Tribunal, while the defendant&#039;s separate claim must be pursued elsewhere if maintainable.</description>
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    <pubDate>Thu, 29 May 1997 00:00:00 +0530</pubDate>
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      <title>1997 (5) TMI 443 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=281021</link>
      <description>A Debt Recovery Tribunal has exclusive jurisdiction over bank and financial institution recovery claims, so a civil suit within that jurisdiction must be transferred even if a counter-claim, cross-claim or cross-suit has been filed in civil court. However, those independent claims do not travel with the transferred suit because the Tribunal&#039;s special, limited jurisdiction does not extend to trying cross-suits, cross-claims or set-off as separate causes of action. The Tribunal may consider defensive matters such as denial, payment or adjustment when determining the bank&#039;s claim, but it cannot entertain or decide an independent set-off or counter-claim. The bank&#039;s recovery action proceeds before the Tribunal, while the defendant&#039;s separate claim must be pursued elsewhere if maintainable.</description>
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      <pubDate>Thu, 29 May 1997 00:00:00 +0530</pubDate>
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