https://www.taxtmi.com/news?id=66124 The Department of Financial Services urged procedural modernisation of DRTs via mandatory e filing, video conferencing and hybrid hearings, stronger bank monitoring to boost recoveries, focused handling of high value cases, expanded use of Lok Adalats as an alternative dispute resolution mechanism, and structured capacity building for tribunal and bank officers, together with consideration of targeted amendments to the Recovery of Debts and Bankruptcy Act and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act to improve statutory effectiveness. en-us Tue, 30 Dec 2025 18:12:48 +0530 Tue, 30 Dec 2025 18:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=66124 The Department of Financial Services urged procedural modernisation of DRTs via mandatory e filing, video conferencing and hybrid hearings, stronger bank monitoring to boost recoveries, focused handling of high value cases, expanded use of Lok Adalats as an alternative dispute resolution mechanism, and structured capacity building for tribunal and bank officers, together with consideration of targeted amendments to the Recovery of Debts and Bankruptcy Act and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act to improve statutory effectiveness. News - Tue, 30 Dec 2025 18:12:48 +0530 https://www.taxtmi.com/news?id=66124