AnyTime News 
E-Filing, Hybrid Hearings & E-DRT 2.0 to Revolutionize Tribunal Efficiency
Anytime News Network
By Pooja Srivastava
At a high-level seminar held at Vigyan Bhawan, the Department of Financial Services (DFS) under the Ministry of Finance unveiled an aggressive roadmap to strengthen India’s debt recovery framework. The event brought together chairpersons of Debt Recovery Appellate Tribunals (DRATs), presiding officers of Debt Recovery Tribunals (DRTs), senior banking officials, and representatives from the Indian Banks’ Association.
The central focus of the deliberations was clear: reduce pendency and accelerate case resolution. The government emphasized mandatory e-filing, expansion of hybrid hearing systems, and continuous upgrades under the E-DRT 2.0 platform. These digital interventions are expected to significantly enhance transparency, accountability, and speed in the adjudication process.
Officials highlighted the need for stronger internal monitoring mechanisms within banks to ensure timely escalation of recovery cases. Prioritizing high-value cases and leveraging Lok Adalats as an alternative dispute resolution mechanism were also identified as key strategies to improve recovery outcomes.
The seminar also stressed replicating best practices from high-performing tribunals across the country. Capacity-building initiatives, including structured training programs for presiding officers, registrars, and recovery officials, are set to play a crucial role in boosting efficiency.
Additionally, the newly introduced “Banknet” e-auction platform is expected to enhance asset visibility and improve value realization during recovery proceedings.
With these reforms, DFS aims to build a robust, transparent, and high-performance adjudication system that aligns with India’s rapidly evolving financial ecosystem.
