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Banking & Finance Law Practice

Banking & Finance Law Practice

To align with international trends enabling financial institutions to recover bad debts quickly and efficiently, the Government of India has established 33 Debt Recovery Tribunals (DRTs) and 5 Debt Recovery Appellate Tribunals (DRATs) across the country. These DRTs are distributed nationwide, with some cities hosting more than one tribunal. New Delhi and Mumbai each have three DRTs, while Chennai and Kolkata have two. A single DRT has been set up in Ahmedabad, Allahabad, Aurangabad, Bangalore, Chandigarh, Coimbatore, Cuttack, Ernakulam, Guwahati, Hyderabad, Jabalpur, Jaipur, Lucknow, Nagpur, Patna, Pune, Ranchi, and Visakhapatnam. The establishment of a DRT depends on the volume of cases arising in the region.
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We provide comprehensive legal service and advisory work on all type of commercial and banking transactions including

We assist clients in negotiating financial transactions, settlements, and commercial arrangements while ensuring all terms are legally sound. Our services include drafting agreements, contracts, notices, undertakings, and settlement deeds, protecting client interests and ensuring enforceability. Proper documentation reduces disputes and strengthens the client’s legal and financial position.

We advise on creating, enforcing, and managing security interests through securitisation and hypothecation of assets. This includes drafting security documents, ensuring compliance with the SARFAESI Act, and guiding lenders on lawful enforcement. Our services help secure loans efficiently and minimize recovery risks for banks and financial institutions.

We assist clients in matters involving personal loans, including loan documentation, restructuring, settlement negotiations, and recovery actions. Services include issuing notices, defending borrower rights, and representing both borrowers and lenders in disputes. We ensure compliance with banking norms while protecting our clients’ financial and legal interests.

We assist clients in filing Section 9 petitions to obtain urgent interim relief such as injunctions, asset protection, custody of secured goods, or preservation of property pending arbitration. These orders safeguard rights before the arbitral tribunal is constituted and help prevent irreparable loss during commercial disputes.

We file and defend summary suits under Order XXXVII of the CPC for quick recovery of debts based on written contracts, invoices, or negotiable instruments. This fast-track procedure limits defences and ensures speedy judgment, making it an effective tool for recovering undisputed financial claims.

We represent banks, NBFCs, and borrowers in Original Applications (OA) filed before the Debt Recovery Tribunal under the Recovery of Debts and Bankruptcy Act. Services include drafting pleadings, evidence, objections, settlement negotiations, and defence. Our expertise helps achieve efficient debt recovery or borrower protection.

We handle appeals before the Debt Recovery Appellate Tribunal challenging DRT orders. Our services include filing appeal memorandums, stay applications, legal arguments, compliance assistance, and representation in complex financial disputes. We ensure clients receive strong appellate support and fair reconsideration of DRT decisions.

We help clients protect their property from unlawful possession by banks or recovery agents. Services include filing objections, stay applications, injunctions, and SARFAESI appeals. We ensure due process is followed, borrower rights are protected, and possession is not taken without legal compliance and proper notice.