Bank loan recovery matters involving Delhi-based borrowers are heard before Delhi's Debt Recovery Tribunals (DRT-I and DRT-II), while SARFAESI enforcement actions can be challenged before the same tribunals if the classification or process is disputed. Larger corporate defaults may be routed through the NCLT's Delhi bench under the Insolvency and Bankruptcy Code instead.
Given Delhi's concentration of bank head offices and large borrowers, its DRTs handle a substantial volume of recovery matters, and strict statutory timelines apply once a SARFAESI notice is issued.
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