Definition
A written statement made under oath or solemn affirmation, used as evidence in court proceedings. In DRT proceedings, the evidence is primarily adduced through affidavits-in-chief, with cross-examination conducted on the affidavit. Affidavits are also required for SARFAESI Section 14 CMM/DM applications.
Related Terms
EvidenceCMM/DMDRT
Need Expert Advice on Affidavit?
For specific advice on how Affidavit applies to your debt recovery matter, consult Advocate Subodh Bajpai — LLM, MBA (XLRI Jamshedpur). 25+ years of exclusive banking and debt recovery practice across DRT, SARFAESI, IBC, and NI Act.
Defined by Advocate Subodh Bajpai, Senior Partner, Unified Chambers and Associates