Banking · Recovery of Debts
What is the limitation period within which a bank or financial institution must file an application to the Debt Recovery Tribunal (DRT) under the Limitation Act from the date the cause of action arises for the debt?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 112 years
- 25 years
- 33 years✓
- 41 year
Correct answer
3 years
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