LIVE Access Mock Tests, PYP & AI Analytics for 375+ Exams! 7 Days Free Trial ₹99 Start Free Trial

Job Description

Overview

The Debts Recovery Appellate Tribunal (DRAT) has announced openings for the position of Chairperson at its Allahabad and Kolkata benches. This recruitment is conducted on a deputation basis, offering a significant opportunity for experienced legal professionals to contribute to the financial adjudication framework of India. The role is critical for overseeing appellate matters related to debt recovery, ensuring justice and regulatory compliance within the financial sector.

Key Responsibilities

  • Preside over appellate proceedings for cases originating from Debts Recovery Tribunals.
  • Review and adjudicate complex financial disputes and debt recovery appeals.
  • Ensure adherence to the Tribunal Reforms Act and relevant service rules during all proceedings.
  • Manage the administrative and judicial functions of the respective DRAT bench.
  • Coordinate with legal teams and stakeholders to facilitate timely resolution of cases.
  • Maintain high standards of judicial integrity and professional conduct throughout the tenure.

Why Apply

Serving as a Chairperson offers a prestigious platform to influence the financial legal landscape of the country. The role provides a structured tenure and is governed by established service rules, ensuring professional stability and a clear mandate for those committed to judicial excellence.

Important Dates

  • Application Deadline: 02 November 2026 by 5:00 PM.

Quick Facts

  • Vacancy Count: Not specified.
  • Pay: Governed by Tribunal (Conditions of Service) Rules, 2021.
  • Location: Allahabad and Kolkata.
  • Category: Legal/Judicial.

DRAT Chairperson Recruitment 2026 – Apply Offline Overview

End Date
02 Nov 2026
Salary
As per Tribunal Rules 2021
Vacancies
Not Mentioned
Eligibility
High Court Judge, Indian Legal Service, or Presiding Officer DRT

Vacancy Details

  • Chairperson (DRAT Allahabad)
  • Chairperson (DRAT Kolkata)

How to Apply

  1. Visit the official Department of Financial Services website to download the vacancy circular and application proforma.
  2. Complete the bio-data form (Annexure-I) and attach a signed photograph.
  3. Obtain the necessary certificate from your current employer or forwarding authority (Annexure-II).
  4. Prepare attested photocopies of your CR/APAR dossiers for the last five years, along with cadre clearance and integrity certificates.
  5. Submit the original application through the proper channel to the Under Secretary (DRT), Department of Financial Services, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi-110001.
  6. Ensure the application reaches the destination by 5:00 PM on 02-11-2026.
  7. Retain a photocopy of the submitted application for your personal records.

Cutoff Marks

Not applicable.

Application Fee

Not mentioned in the official notification.

Age Limit

The maximum age limit for the Chairperson position is 70 years as per the governing service rules.

Selection Process

The selection process is managed by a Search-Cum-Selection Committee established under the Tribunal Reforms Act. Applications undergo a rigorous scrutiny process to evaluate the suitability of candidates based on their professional background and experience. Shortlisted individuals are invited for a personal interaction session. The final selection is determined by the Committee through a comprehensive evaluation of the candidate's qualifications, relevant experience, and performance during the personal interaction phase.

Exam Pattern

Not applicable as this is a selection based on experience and personal interaction.

Latest Current Affairs (Key Points)

National Affairs
14 Oct 2026
The Ministry of Health and Family Welfare launched the 'Ayushman Bhav' campaign to ensure comprehensive healthcare coverage across all districts.The campaign focuses on achieving saturation in health...
International Affairs
14 Oct 2026
India-EU Strategic Partnership Dialogue focuses on trade, technology, and climate cooperation.Discussions on UN Security Council reforms gain momentum, addressing global governance challenges.

Organization

The Debts Recovery Appellate Tribunal (DRAT) functions under the Department of Financial Services, Ministry of Finance, Government of India. It is a specialized judicial body established to hear appeals against the orders passed by the Debts Recovery Tribunals (DRTs) under the Recovery of Debts and Bankruptcy Act. The tribunal plays a pivotal role in the Indian financial system by facilitating the recovery of non-performing assets and resolving debt-related disputes between banks, financial institutions, and borrowers across the country.

Frequently Asked Questions

The last date to submit your duly filled original application is 02 November 2026. Ensure your application reaches the Under Secretary (DRT) by 5:00 PM on this date. It is advisable to send your documents well in advance through the proper channel to avoid any postal or administrative delays.

You must send your completed application through the proper channel to the Under Secretary (DRT), Department of Financial Services, 3rd Floor, Jeevan Deep Building, Sansad Marg, New Delhi-110001. Please ensure all required annexures and attested documents are enclosed before dispatching your application package.

The Chairperson is appointed for a term of five years or until they attain the age of seventy years, whichever occurs earlier. This tenure is governed by the provisions of the Tribunal Reforms Act and the Tribunal (Conditions of Service) Rules, 2021.

Yes, if you previously submitted an application in response to vacancy circular No. 07/19/2025-DRT, you are required to apply afresh. Previous applications will not be considered for this current recruitment cycle. Please download the new application form and follow the updated submission guidelines.

Applicants must be a sitting or former High Court Judge, a member of the Indian Legal Service with ten years of litigation experience and a rank of Additional Secretary or higher, or a former Presiding Officer of a DRT with three years of experience. Refer to the official notification for detailed eligibility criteria.

The official notification does not specify any application fee for the Chairperson position. Please review the detailed vacancy circular provided on the official Department of Financial Services website to confirm if any administrative charges apply, though typically such deputation-based roles do not require a fee.

The selection is conducted by a Search-Cum-Selection Committee. The process involves a thorough scrutiny of applications followed by the shortlisting of candidates for a personal interaction. The final selection is based on an overall evaluation of the candidate's qualifications, professional experience, and performance during the interaction phase.

You can download the detailed vacancy circular, annexures, and the application proforma directly from the official Department of Financial Services website or the link provided in the notification section. Always ensure you are using the latest version of the forms as specified in the current circular.
Home Exams Jobs Current Affairs Mock Tests