Neha Desai, wife of art director Nitin Desai, has accused officials from Edelweiss of mentally harassing her husband to take over their studio. Desai owed Edelweiss ₹252 crore and had recorded audio notes claiming he was suffering from depression due to the pressure from Edelweiss. Five officials from Edelweiss, including Rashesh Shah, have been booked for abetment to suicide. However, a corporate lawyer stated that there are legal processes available to deal with loan defaults and that the lender s actions cannot be considered harassment. The police are currently investigating the case. | Mumbai news
The Supreme Court, in a plea filed by the Madhya Pradesh High Court Bar Association, affirmed mandatory e-filing in Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs)..
In a plea filed by the Madhya Pradesh High Court Bar Association, the Supreme Court affirmed mandatory e-filing in Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs). The.
Hiring for Debt Recovery Tribunals put on fast track
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A government official confirmed this and said it was looking to appoint around 27 administrators, both as registrars and deputy registrars, in Delhi, Mumbai, Chennai and other cities.
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The government has fast-tracked the appointment of key officers to Debt Recovery Tribunals (DRTs) in more than 10 locations, including non-metro cities.
A government official confirmed this and said it was looking to appoint around 27 administrators, both as registrars and deputy registrars, in Delhi, Mumbai, Chennai and other cities.
“The focus has been to revamp the DRTs and help them take on high-value matters,” the official said.