DRT jurisdiction not decided by venue of property

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Allowing an appeal in GSL (India) Ltd v Asset Reconstruction (India) Ltd & Ors, Bombay High Court held that the territorial jurisdiction of debt recovery tribunals (DRTs) does not depend on the place where the mortgaged property is situated.

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The dispute digest is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.