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DEBTS RECOVERY TRIBUNAL 5TH FLOOR, DEW TOWERS, 770A. ANNA SALAD, CHENNAI 600 002 DRC No. 220/2012 Dated: 11/3/2014 AUCTION SALE The undermentioned property will be sold by online auction through website
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How to fill out debts recovery tribunal-iii

01
Step 1: Gather all necessary documents such as loan agreements, payment records, and correspondence with the debtor.
02
Step 2: Fill out the necessary application form for the Debts Recovery Tribunal-III. This form typically requires information about the debtor, the outstanding debt, and any relevant supporting documents.
03
Step 3: Ensure that the application form is filled out accurately and completely. Any errors or missing information may delay the recovery process.
04
Step 4: Submit the filled application form along with the required documents to the Debts Recovery Tribunal-III office.
05
Step 5: Pay the required fee for filing the application. The fee amount may vary depending on the nature and amount of the debt.
06
Step 6: Keep track of the case proceedings by regularly attending hearings or following up with the tribunal office.
07
Step 7: If the tribunal passes a recovery order in your favor, you may need to take additional steps to enforce the order and recover the debt.

Who needs debts recovery tribunal-iii?

01
Individuals or businesses who are owed money by a debtor and have been unable to recover the debt through other means may need the services of Debts Recovery Tribunal-III.
02
Financial institutions, banks, or non-banking financial companies (NBFCs) that have provided loans or credit facilities and are facing difficulty in recovering the outstanding debt.
03
Creditors who have taken legal action or obtained a court judgment against a debtor but have been unable to recover the debt may resort to Debts Recovery Tribunal-III for assistance.
04
Companies or individuals involved in disputes related to financial matters such as loan recovery, mortgage transactions, or asset seizures may require the services of Debts Recovery Tribunal-III.
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Debts Recovery Tribunal-III is a specialized tribunal established to facilitate the recovery of debts due to banks and financial institutions.
Banks and financial institutions are required to file debts recovery tribunal-iii in order to recover outstanding debts.
Debts recovery tribunal-iii can be filled out by providing details of the outstanding debts, borrowers, and any collateral or security held.
The purpose of debts recovery tribunal-iii is to provide a legal mechanism for banks and financial institutions to recover outstanding debts in a timely manner.
Information such as details of the outstanding debts, borrowers, collateral or security held, and any legal actions taken must be reported on debts recovery tribunal-iii.
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