Supreme Court pulls up Finance Ministry for making DRTs collate data instead of deciding cases

The Supreme Court has criticized the Finance Ministry for directing Debt Recovery Tribunals (DRTs) to collate data rather than focusing on resolving cases. The court expressed concern that such administrative tasks detract from the primary purpose of DRTs to expedite recovery processes for financial institutions. The ruling underscores the need for DRTs to prioritize their core functions and effectively manage pending cases rather than being sidetracked by additional data collection responsibilities. This decision aims to streamline the functioning of DRTs, ensuring that they serve their essential role in the financial recovery process efficiently.