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MINISTRY OF FINANCE (Department of Financial Services) Notification No. G.S.R. 501 (E) New Delhi, the 22nd July, 2021 G.S.R. 501 (E). -In exercise of the powers conferred by clause (ccd) of sub-section(2) of section 36 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), the C
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FAQ :
These are amendments to the existing electronic filing rules for the Debts Recovery Tribunals and Debts Recovery Appellate Tribunals, introduced in 2021.
The amendment rules came into force on the date of their publication in the Official Gazette.
The key change is that e-filing of pleadings is now mandatory for applications where the debt to be recovered is ₹100 crore and above.
No, this amendment specifically applies to cases where the debt to be recovered, as stated in the application, amounts to rupees one hundred crore and above.
The original rules were the Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing Rules, 2020.
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Notification No : G.S.R. 501 (E)Published in Corporate Law
Source : https://egazette.nic.in/WriteReadData/2021/228404.pdf