Banking & Financial Disputes

Banking and financial disputes commonly involve loan defaults, recovery proceedings, and disagreements over financial agreements between banks, financial institutions, and borrowers. Chambers of Advocate Yash Yadav advises both lenders and borrowers on their rights and obligations in such matters.

We assist with proceedings before the Debts Recovery Tribunal (DRT), matters under the SARFAESI Act relating to enforcement of security interest, and other disputes arising from loan agreements, guarantees, and financial instruments.

Navigating banking and financial disputes

Banking disputes often involve specific statutory forums and timelines, and understanding the correct process is important for both lenders and borrowers.

From banking recovery proceedings to borrower defence, we provide strategic legal representation at every stage.

For lenders

We assist banks and financial institutions in recovery proceedings before the DRT and enforcement action under the SARFAESI Act.

For borrowers

We advise borrowers facing recovery action or enforcement proceedings on the remedies and defences available to them.

Understanding financial dispute forums

Banking disputes above a certain threshold are typically routed to specialised forums rather than ordinary civil courts.

Debts Recovery Tribunal

Banks and financial institutions may approach the DRT to recover outstanding dues from borrowers and guarantors.

SARFAESI proceedings

The SARFAESI Act allows secured creditors to enforce security interests without court intervention in specified circumstances, subject to safeguards for borrowers.

An informed, forum-specific approach

We tailor our approach to the specific statutory forum involved, whether the DRT, SARFAESI proceedings, or ordinary civil litigation.

Answers to your legal questions

Frequently asked questions about banking and financial disputes.

The DRT is a specialised forum for adjudicating recovery claims by banks and financial institutions above a specified pecuniary threshold.

A SARFAESI notice is issued by a secured creditor to a defaulting borrower before taking steps to enforce security interest over a secured asset.

Yes, a borrower may raise objections to the secured creditor and, where necessary, approach the DRT for appropriate relief.

A guarantor may be held liable for the borrower's default, subject to the specific terms of the guarantee agreement.

Yes, many banking disputes are resolved through negotiated settlement or one-time settlement schemes before or during tribunal proceedings.

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