Read detailed DRT legal questions and professional answers provided by experienced DRT lawyers to help users understand banking disputes, SARFAESI matters, debt recovery procedures, and legal remedies.
Question:
What is DRAT?
Answer:
DRAT means Debts Recovery Appellate Tribunal. DRATs are set up to hear appeals from orders passed by the DRTs. There are presently 39 DRTs and 5 DRATs as per the Department of Financial Services.