The Centre is considering amendments to the Recovery of Debt and Bankruptcy Act in the Budget to allow some Debt Recovery Tribunals to focus only on high-value cases. Illustration: Uttam Ghosh/Rediff ...
Specialised tribunals, designed for swift justice, are overwhelmed by over 5.24 lakh pending cases, primarily due to significant member vacancies. Debt Recovery Tribunals lead with 2.5 lakh cases.
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