Mumbai's DRT III Achieves Record Recovery of ₹127 Crore in National Lok Adalat

Mumbai's DRT III Achieves Record Recovery of ₹127 Crore in National Lok Adalat

The achievement marks one of the highest recoveries ever made by DRT III.

FPJ News ServiceUpdated: Saturday, September 09, 2023, 09:00 PM IST
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Mumbai's DRT III Achieves Record Recovery of ₹127 Crore in National Lok Adalat | FPJ

Mumbai: During the National Lok Adalat held on Saturday at Debt Recovery Tribunal (DRT) III in Mumbai, a remarkable 288 cases were settled amicably, resulting in a total recovery of Rs. 127 crore. This achievement marks one of the highest recoveries ever made by DRT III.

Mumbai's DRT III Achieves Record Recovery of ₹127 Crores in National Lok Adalat

Mumbai's DRT III Achieves Record Recovery of ₹127 Crores in National Lok Adalat | FPJ

The Lok Adalat was conducted under the guidance of Mr. Ashok Menon, the chairperson of the Debt Recovery Appellate Tribunal. According to Mr. Sanjai Jaiswal, the registrar, two panels were formed in consultation with the District Legal Services Authority (DLSA). The first panel, led by Mr. Arun Kumal Singal, included Mrs. Nasima Theba Don and Mrs. Shereen Malik. The second panel was headed by Mr. V.N. Lothey Patil and included Mr. G.A. Kshirsagar and Mr. Sapan Kumar.

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