Section 1: Short title extent commencement and application

The Recovery of Debts due to Banks and Financial Institutions Act, 1993 Act No. 51 of 1993 [27th August, 1993.] An Act to provide for the establishment of Tribunals for expeditious adjudication and recovery of debts due to banks and…

Section 3: Establishment of Tribunal

The Recovery of Debts due to Banks and Financial Institutions Act, 1993 CHAPTER II Establishment of Tribunal and Appellate Tribunal Section 3: Establishment of Tribunal. (1) The Central Government shall, by notification, establish one or more Tribunals, to be known…

Section 5: Qualifications for appointment as Presiding Officer

The Recovery of Debts due to Banks and Financial Institutions Act, 1993 Chapter II Establishment of Tribunal and Appellate Tribunal Section 5: Qualifications for appointment as Presiding Officer. A person shall not be qualified for appointment as the Presiding Officer…

Section 6: Term of office of Presiding Officer

The Recovery of Debts due to Banks and Financial Institutions Act, 1993 Chapter II Establishment of Tribunal and Appellate Tribunal Section 6: Term of office of Presiding Officer. 1[6. The Presiding Officer of a Tribunal shall hold office for a…

Section 6A: Qualifications terms and conditions of service of Presiding Officer

The Recovery of Debts due to Banks and Financial Institutions Act, 1993 Chapter II Establishment of Tribunal and Appellate Tribunal Section 6A: Qualifications, terms and conditions of service of Presiding Officer. 1[6A. Notwithstanding anything contained in this Act, the qualifications,…

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