9911796707
TMI Blog2017 (1) TMI 1505X X X X Extracts X X X X X X X X Extracts X X X X ..... unals discharge their duties - Union Government directed to file affidavit on relevant issues. - Writ Petition (Civil) No. 573 of 2003 - - - Dated:- 3-1-2017 - T.S. Thakur, CJI, Dr. D.Y. Chandrachud and A.M. Khanwilkar, JJ. Shri Rajit Kumar, SG, Jaideep Gupta, Sr. Adv., Prashant Bhushan, Devesh Kumar Agnihotri, Govind Jee, Rohit Kumar Singh, R. Chandrachud, D.L. Chidananda, R.K. Verma, R.R. Rajesh, Kuldeep S. Parihar, H.S. Parihar, Pranab Kumar Mullick, Sebat Kumar Deuria, A. Chatterjee, Mudit Sharma, Lalit Bhasin, Vishal Gehrana, Milanda Sharma, Pankaj Pandey, P. Parmeswaran, Rajeev Sharma, Vikas Mehta, Ms. Kamini Jaiswal, Ms. Binu Tamta, Ms. Anil Katiyar, Ms. Soma Mullick, Ms. Nina Gupta, Ms. Ranu Purohit, Ms. Ruby Singh Ahuja, Ms ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt has been apprised, in the submissions filed by the Union Government, that more than 70,000 cases involving an amount of ₹ 5 lakh crores approximately are pending before the Debt Recovery Tribunals, of which many are pending for more than ten years. Though the Act of 1993 provides for the disposal of recovery applications within one hundred and eighty days, cases have remained pending for years together. In order to deal with the large pendency of cases, the Enforcement of Security Interest and Recovery of Debt Laws and Miscellaneous Provisions (Amendment) Bill, 2016 was introduced in the Lok Sabha on 11 May, 2016. The Bill was referred to a Joint Committee of both Houses of Parliament. The Committee presented its Report to the Lok ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and staffing pattern of the Debt Recovery Tribunals and Debt Recovery Appellate Tribunals; (ii) The underlying basis, if any, upon which the revised timelines have been stipulated and whether any scientific study has been conducted on the availability of infrastructure; (iii) Whether, and if so, what steps the Union Government intends to adopt to enhance the infrastructure of Debt Recovery Tribunals and the Appellate Tribunals in terms of physical infrastructure, judicial manpower and non-judicial personnel required for the efficacious functioning of the Tribunals; (iv) The specific plan of action including time-schedules within which the existing infrastructure would be upgraded so as to achieve the time frame for disposal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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