Recovery suit be filed at commercial courts??
Punit Gupta
(Querist) 02 August 2025
This query is : Resolved
Can Banks/FIs file suit for recovery for NPA accounts under the provisions of Commercial Courts Act 2015?
kavksatyanarayana
(Expert) 02 August 2025
Debt Recovery tribunals have been authorised to form the Lok Adalat to decide on cases of NPAs of Rs. 10 lakhs and more.