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    Question

    Under Section 18 of the SARFAESI Act, 2002, any person

    aggrieved by an order passed by the Debts Recovery Tribunal (DRT) under Section 17 may file an appeal before the Appellate Tribunal (DRAT) within:
    A 45 days from the date of receipt of the order of the DRT. Correct Answer Incorrect Answer
    B 30 days from the date of receipt of the order of the DRT. Correct Answer Incorrect Answer
    C 60 days from the date the DRT order was passed. Correct Answer Incorrect Answer
    D 15 days from the date of the auction sale of the secured asset. Correct Answer Incorrect Answer

    Solution

    The Limitation Period: While an original application before the DRT (under Section 17) has a limitation period of 45 days, an appeal to the Appellate Tribunal (DRAT) under Section 18 is more stringent, allowing only 30 days. The clock starts ticking from the date the aggrieved person receives the order, not necessarily the date the order was pronounced in open court.

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