Civil Debt matters also have sections covered under the law.
When Banks and monetary registered establishments give loan facilities to legal entities and people, debt collection law applies in case the entity fails to repay the loan or installment amount. In such cases, banks will recover the debt by approaching acceptable judicial forums.
To expedite the process, a special committee is formed wherein the loaner needs to file an outline suit against the payee and the proceedings can even take place in absence of any one of the parties.