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Recovery of Debts Due to Banks & Financial Institutions

by S.N. Gupta

List Price:	Rs. 400
BharatLaws Member Price:	Rs. 360 ( 10% Discount )

Publisher:	Bharat Law House Pvt. Ltd.
Edition:	2nd Edn. 2002
ISBN:	81-7733-082-9
Pages:	580
Availability:	In Stock.

About Recovery of Debts Due to Banks & Financial Institutions

One of the major fears for a money lender, be it a bank or a financial institution, is the possible risk of default by the borrowers. Though such defaults could be considered as a commercial risk, the debt recovery mechanism was very cumbersome and time consuming. It has been causing a serious resource crunch for the lenders. To provide for a speedy mechanism, separate Debts Recovery Tribunals have been constituted under the new 1993 Act. This book discusses at length the statutory provisions with support of case-law from allied legislations. It will prove to be very useful to banks, financial institutions, lawyers and the borrowers.

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