Application Under Section 19 Of The Recovery Of Debts Due To Banks And Financial Institutions Act, 1993

This document is a format for the application which shall be made by the financial institution to the Tribunal to recover any debt from any person. Section 19 of the Recovery of Debt Due to Bank and Financial Institution Act, 1993 mandates the financial institution to first file an application to the tribunal to start recovery proceedings against any person. Such application can also be joined with other bank or financial institutions if the recovery has to be against the same person, but can only be joined if the final order is not passes by the DRT tribunal in the earlier application.

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