State whether the following statements are True or False with reasons: (2) When DRT has jurisdiction, the Civil Courts are debarred from handling any case?

True - As per Section 34 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, no civil court shall have jurisdiction to entertain any suit or proceeding in respect of any matter which Debts Recovery Tribunal or the Appellate Tribunal is empowered by or under this Act.