Definition
The process of enforcing a court decree by attaching and selling the judgment debtor's assets. Under the DRT Act, the Recovery Officer executes the Recovery Certificate by attaching and selling the borrower's assets. Under the CPC, execution courts have wide powers to attach movable property, immovable property, and debts owed to the judgment debtor.
Related Terms
Recovery CertificateRecovery Officer
Need Expert Advice on Execution of Decree?
For specific advice on how Execution of Decree 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