Recovery of Debts and Bankruptcy Act, 1993

CHAPTER IV

PROCEDURE OF TRIBUNALS

[Application to the Tribunal.

19 . (1) Where a bank or a financial institution has to recover any debt from any person, it may make an application to the Tribunal within the local limits of whose jurisdiction-

(a)	-	the defendant, or each of the defendants where there are more than one, at the time of making the application, actually and voluntarily resides, or carries on business, or personally works for gain; or
(b)	-	any of the defendants where there are more than one, at the time of making the application, actually and voluntarily resides, or carries on business, or personally works for gain; or
(c)	-	the cause of action, wholly or in part, arises :

[Provided that the bank or financial institution may, with the permission of the Debts Recovery Tribunal, on an application made by .... To read the full section download the app from Google Play store