Risk Mitigation - Elixir Strategic Management
19970
wp-singular,page-template-default,page,page-id-19970,wp-theme-bridge,wp-child-theme-bridge-child,bridge-core-3.2.0,qi-blocks-1.4.2,qodef-gutenberg--no-touch,tutor-lms,eio-default,qode-page-transition-enabled,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-30.6.1,qode-theme-bridge,wpb-js-composer js-comp-ver-7.7.2,vc_responsive,elementor-default,elementor-kit-8
 

DRT Litigation Support

Services

Borrowers often challenge SARFAESI actions in the Debt Recovery Tribunal (DRT) under Section 17. Elixir provides litigation support to banks, including drafting replies, affidavits, rejoinders, and representing banks during hearings. The firm ensures that all SARFAESI procedures have been followed correctly so that banks stand on strong legal ground. Elixir also helps banks defend possession, valuation, and sale actions, often coordinating with senior counsels. In cases where the borrower obtains a stay or temporary injunction, Elixir assists in filing appeals in Debt Recovery Appellate Tribunal (DRAT) and even High Courts if needed. Timely legal response helps prevent delays in asset realization and keeps enforcement on track.

  • Prepare replies to borrower applications in DRT under Section 17.
  • Represent banks during DRT and DRAT hearings.
  • Assist in drafting affidavits, rejoinders, and written submissions.
  • Verify procedural compliance to defend SARFAESI actions.
  • File appeals against adverse DRT/DRAT orders.
  • Manage coordination with senior legal counsels.
  • Track case timelines and ensure timely submissions.
  • Provide case law support and documentation backup.
  • Defend valuation and possession procedures in litigation.
  • Handle parallel litigations in civil courts, if any.