Money lending as well as borrowing are highly important cogs in the wheel of any economy. However, if such important cogs are unable to function properly due to the presence of Non-Performing Assets, it is worrisome for everyone who is part of the economic ecosystem- which is all of us. These Non-Performing Assets act as unnecessary burden to the lending financial institutions which burden the economy. This is why Debt Recovery Tribunals had to be introduced i.e., in order to put the recovery of the debt process in motion and to undertake the imperative task of speedy disposal of cases. In the present paper, the author seeks to delve into the efficacy of the tribunal, with focus on the amendment introduced by the Insolvency and Bankruptcy Code, 2016.