One more Debts Recovery Tribunal at Hyderabad in the State of Telangana established Sl.11

Dated 25th January, 2017 | Copy of | Notification Sl.11 |

Whereas, by a notification of the Government of India in the Ministry of Finance number G.S.R.647(E), dated the 21st September, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3 Sub-section (i), the Central Government established the Debt Recovery Tribunal at Hyderabad in the then State of Andhra Pradesh;

And whereas, by a notification of the Government of India in the Ministry of Finance number G.S.R.112(E), dated the 26th February, 2002, published in the Gazette of India, Extraordinary, Part II, Section 3 Sub-section (i), dated the 26th February, 2002, the Central Government established the Debts Recovery Tribunal at Visakhapatnam in the State of Andhra Pradesh;

And whereas, the Central Government has considered it necessary to establish one more Debts Recovery Tribunal at Hyderabad in the State of Telangana.

Now, therefore, in exercise of the powers conferred by section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, (51 of 1993), the Central Government hereby establishes one more Debts Recovery Tribunal at Hyderabad in the State of Telangana with effect from the 2nd day of February, 2017 and consequent thereupon, the existing Debts Recovery Tribunal at Hyderabad will be known as Debts Recovery Tribunal-1, Hyderabad, Telangana, the newly established Debts Recovery Tribunal will be known as Debts Recovery Tribunal-2, Hyderabad, Telangana and the existing Debts Recovery Tribunalat Visakhapatnam will be known as Debts Recovery Tribunal, Visakhapatnam, Andhra Pradesh and in supersession of the notifications of the Government of India in the Ministry of Finance number G.S.R.647(E), dated the 21st September, 1999, G.S.R.112(E), dated the 26th February, 2002 and all subsequent notifications relating to change of location of the existing Debts Recovery Tribunals at Hyderabad and Visakhapatnam, except as respects things done or omitted to be done before such supersession, hereby specifies the areas of jurisdiction of the Debts Recovery Tribunals at Hyderabad and Visakhapatnam in the States of Telangana and Andhra Pradesh respectively as under, namely:-

TABLE

Sd/-
(Anandrao V. Patil)
Jt. Secy.

S.O.254(E)
F.No.1/5/2016-DRT
Issued by:
Ministry of Finance
(Department of Financial Services)
New Delhi