DRT Pre-Deposit Calculator
Estimate the mandatory pre-deposit required under Section 18 of the Recovery of Debts and Bankruptcy Act 1993 before the Debt Recovery Appellate Tribunal (DRAT) will entertain your appeal.
Amount in figures (Rupees). Use the full decretal amount including interest.
Default — 50%
₹0
—
50% (Default)
₹0
25% (If Reduced)
₹0
Note: The 25% figure is the minimum the DRAT may permit on a reasoned application by the appellant; the standard statutory deposit is 50%. The Tribunal may impose conditions on any reduced deposit. Pre-deposit must be made before the appeal is listed for hearing on merits.
What Section 18 RDDB Act Says
Section 18 of the Recovery of Debts and Bankruptcy Act, 1993 (formerly RDDBFI Act) requires any person aggrieved by an order made by the Debt Recovery Tribunal who wishes to file an appeal before the Debt Recovery Appellate Tribunal to deposit fifty per cent of the amount of debt due from him as determined by the Tribunal.
The first proviso to Section 18 allows the Appellate Tribunal, for reasons to be recorded in writing, to reduce this amount to a minimum of twenty-five per cent. The reduction is not automatic — the appellant must apply, demonstrate financial hardship or other grounds, and obtain a reasoned order from the DRAT.
The pre-deposit is a condition precedent to the appeal being entertained on merits — if not made, the appeal is liable to be dismissed at the threshold. The deposit becomes refundable on success of the appeal, or adjustable against the eventual recovery if the appeal fails.
Need counsel for a DRT or DRAT matter?
Unified Chambers and Associates handles DRT and DRAT appellate practice across all 5 Debt Recovery Appellate Tribunals in India. Contact legal@unifiedchambers.com or call +91 84008 60008.