By JUSTICE B P BANERJEE

The Tribunal and the Appellate Tribunal set up under the Act are not bound by the procedures as laid down by the Code of Civil Procedure but are governed and guided by the principles of natural justice. The Tribunal and the Appellate Tribunal have the powers to regulate their own procedures including the places at which they shall have their sittings. No Court or other authority shall have any jurisdiction or powers (except the Supreme Court and a High Court exercising jurisdiction under Articles 226 and 227 of the Constitution) to entertain and decide the application from the Banks and Financial Institutions for recovery of Debts due to such Banks and Financial Institutions. The decision of the Appellate authority is final.

The Amendments of 2000 have been duly incorporated at their appropriate places in the book. Apart from these, changes in all other allied matters have also been dealt with in the book in a lucid and precise manner. The authors have taken meticulous care in discussing the case law with commentary on the relevant provisions of Act and Rules made thereunder. Cases decided by Debt Recovery Tribunals and Debt Recovery Appellate Tribunals have been suitably placed in the book apart from latest cases decided by the Supreme Court and various High Courts. Almost all the cases decided so far have been critically and analytically examined under various heads and sub-heads. All the amendments and notifications have been carefully incorporated at their appropriate places which will enhance the utility of the book. The commentary under each section of the Act has been discussed analytically, critically, exhaustively and elaborately. The allied matters have also been beautifully dissected and commented, which add luster to the commentary on the subject matter. Several useful appendices have also been included in the book.

Published Year: 2004 Format: n/a ISBN: INBL9 Publisher: Lexis Nexis Butterworths Wadhwa Nagpur No of Pages: 1100 Our Price: India. Rs. 995.00 Reviews: 0 reivew(s).

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