The central government is empowered to establish one or more tribunal to be known as Debt Recovery Tribunal.
Composition of Tribunal
The tribunal consists of one person called as Presiding Officer and the appointment is done by the central govt. by issuing notification.
Debt Recovery Tribunal |
Appellate Tribunal |
Presiding Officer : District Judge |
Chairperson : High Court Judge, Presiding officer of a DRT for at least 3 years. |
Presiding officer holds officer for a term of |
Chairperson holds officer for a term of 5 |
Recovery Officer |
|
The staff so appointed shall work under the |
|
JAIIB Paper 1 Study Material |
JAIIB Paper 2 Study Material |
JAIIB Paper 3 Study Material |