e filing of pleading before DRT & DRAT made mandatory where debt to be recovered is Rs. 100 crore and above.
MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 22nd July, 2021
G.S.R. 501 (E).—In exercise of the powers conferred by clause (ccd) of sub-section(2) of section 36 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), the Central Government hereby makes the following rules to amend the Debts Recovery Tribunal and Debts Recovery Appellate Tribunals Electronic Filing Rules, 2020 namely:—
1. Short title and Commencement: –(1) These rules may be called the Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2021.
(2) They shall come into force on the date of their publication in the Official Gazette.2. In sub-rule (2) of rule 3 of the Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing Rules, 2020, the following proviso shall be inserted, namely:—
“Provided that e filing of pleading shall be mandatory where the debt to be recovered, as mentioned in the application, is rupees one hundred crore and above.” .
[F. No. 3/5/2021-DRT]
VANDITA KAUL, Addl.Secy.
Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Sub Section (i), vide number G.S.R. 43(E), dated the 22nd January, 2020.
AO was not justified in making addition by adopting method of extrapolation without bringing any material evidence in support -…
Court can not sit over comparative financial attractiveness of rival offers or to substitute its own view for the decision…
When quantum appeal stands restored to the AO, penalty can not be levied u/s 221(1) of the Income Tax Act…
Even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed - ITAT In a…
Order to stock broker through WhatsApp may be considered as legally verifiable record - SEBI SEBI in an informal guidance…
ICAI Guidance Note on Audit of Banks 2026 Edition ICAI has issued 2025 edition of the Guidance Note on Audit…