DRT, SARFAESI & IBC Panel Counsel
for Banks

Unified Chambers appears before all 39 Debt Recovery Tribunals across India — including Delhi (DRT-I, DRT-II, DRT-III), Mumbai (DRT-I, DRT-II), Kolkata, Chennai, Hyderabad, Bangalore, Ahmedabad, Pune, Jaipur, Chandigarh, Lucknow, Patna, Cuttack, Guwahati, Ernakulam, Coimbatore, Nagpur, Aurangabad, Jabalpur, Jodhpur, Varanasi, Dehradun, Jammu, and all remaining benches. All appearances are conducted directly by the firm without referrals to external counsel.

Yes. The firm advises on the RBI Prudential Framework for Resolution of Stressed Assets (June 2019) and the RBI Circular on Revised Framework for Resolution of Stressed Assets. This includes ICA (Inter-Creditor Agreement) negotiations in consortium accounts, resolution plan timelines, and the legal interface between RBI resolution frameworks and DRT/IBC proceedings.

Yes. Unified Chambers accepts empanelment from scheduled commercial banks — public sector banks (SBI and its associates, Bank of Baroda, Union Bank, PNB, Canara Bank, Indian Bank, etc.), private sector banks (HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, IndusInd, etc.), small finance banks, payments banks, and urban co-operative banks empowered under SARFAESI.

After receipt of the complete brief (signed vakalatnama, certified copies of loan documents, statement of account, NPA declaration), the firm targets filing of the Original Application within 5 working days for standard matters and 48 hours for matters requiring simultaneous Section 19(7) attachment applications.

Unified Chambers routinely files Section 19(7) interim attachment applications simultaneously with the OA to freeze borrower assets before the decree. The attachment application includes an affidavit of urgency, asset schedule, and supporting documents. In Delhi DRTs, same-day ex-parte attachment orders have been obtained in matters with sufficient cause shown.