Fees structure of DRT and DRAT

 
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Fees Structure Type 1

The #Securitisation and #Reconstruction of Financial Assets and Enforcement of Security Interest Act (#sarfaesi), 2002.

No. Nature of application Amount of Fee Payable

1. Application to a #DebtRecovary Tribunal Under sub-sction (1) of Secion 17 against any of the measures refferd to in sub-sectin (4) of Section 13 (a) Wher the applicant is a borrower and the amount of debt due is less han Rs. 10 lakhs. Rs.500 for every Rs. 1 lakh or part hereof (b) Where the applicant is borrower and the amount of debt due is Rs. 10 lakhs and above Rs. 5000 + Rs. 250 for every s. 1 lakh or part thereof in excess of Rs. 10 lakhs subject to a maximum of Rs.1,00,000 (c) Whee th applicant is an aggrieved party other than the borrower and wher the amount of debt due is lss than Rs. 10 lakhs Rs. 125 for every Rupee One lakh or part thereof (d) Where the applicant is an aggrieved party there than the borrower and where the amount of debt due is Rs 10 lakhs and above Rs. 1250 + Rs. 125 for every Rs. 1 lakh or part thereof in excess of Rs. 10 lakhs subjct to a maximum of Rs. 50,000 (e) Any other application by any person Rs. 250

2. Appeal to the Appllate Authority against any order passed by the Debt Recovery Tribunal under Section 17 Same fees as provded at clauses (a) to (e) of Serial Number 1 of this rule

Fees Structure Type 2

The Recovery of Debts Due to Banks and #FinancialInstitutions Act, 1993

No. Nature of application Amount of Fee Payable

1. Application for recovery of debts due under section 19(1) or section 19(2) of he Act, (a)Where amount of debt due is Rs. 10 lakhs (b) Where amount of debt due is above Rs. 10 lakhs Rs. 12000 Rs. 12,000 plus Rs. 1,000 for every one lakh rupees of dbt due or part thereof in excess of Rs. 10 lakhs. subject to a maximum of Rs. 1,50,000 2. Application to couter-claim under section 19(8) of he Act,- (a)Where the amount of claim made is upto Rs. 10 lakhs (b)Where the amount of claim mades above Rs. 10 lakhs 50 per cent of the fee paid 12000 Rs. 12,000 plus Rs. 1,000 for every one lakh rupees or part thereof in excess of Rs. 10 lakhs, subject to a maximum of Rs. 1,50,000 3. Application for review including review application in respect of th counter-claim (a)Against an intrim order (b)Against a final order including review for correction of clerical or arithmatical mistake Rs. 10 Rs.125 50% of fee payble at rats as applicable on the application under section 19(1) or 19(8) of the Act, subject to a maximum of Rs. 15,000 4. Applcation for interlocutory order Rs. 520 5. Appeals against orders of the Recovery Officer if the amount appealed against is,- (i) less than Rs. 10 lakhs (ii)Rs. 10 lakhs or more but less than Rs. 30 lakhs (iii)Rs. 30-lakhs or more Rs. 12,000 Rs. 20, 000 Rs. 30,000 6. #Vakalatnama Rs. 5.

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