πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!
  • google app store apple app store
    • βœ–

      Question

      Under Section 8(3), the Central Government may authorise

      the Chairperson of one Appellate Tribunal to:
      A Constitute a bench with additional members for complex cases Correct Answer Incorrect Answer
      B Hear original applications from banks directly, bypassing the DRT Correct Answer Incorrect Answer
      C Transfer pending cases from DRT to DRAT suo motu Correct Answer Incorrect Answer
      D Discharge the functions of the Chairperson of another Appellate Tribunal as well Correct Answer Incorrect Answer
      E Appoint additional Recovery Officers without government approval Correct Answer Incorrect Answer

      Solution

      Section 8(3), inserted by Act 1 of 2000, provides that notwithstanding sub-sections (1) and (2), the Central Government may authorise the Chairperson of one Appellate Tribunal to discharge also the functions of the Chairperson of another Appellate Tribunal. This provision enables the Central Government to manage situations of vacancy or heavy workload by allowing a single Chairperson to exercise jurisdiction over multiple DRATs. Similarly, the proviso to Section 8(1) allows the Central Government to authorise the Chairperson of any other Appellate Tribunal established under any other law to additionally discharge the functions of a DRAT Chairperson.

      Practice Next
      More Banking Related Laws Questions
      ask-question