- MIDC, Phase 2, Akola
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When comes to SARFAESI the Bankers have Right under this act to Recovery the their dews by the dew process prescribed in the Act. Here the Borrower & Guarantor has to take necessary steps even before the account classified as NPA and also after classification of NPA. We are here to take care of those aspects.
When comes to RDDB Act, The Banker files a Application in DRT for the Amount dew. The bankers proceed with both RDDB & SARFAESI Proceedings, here the borrower & Guarantor has to take both the proccedings with good Guidance or elss you might have some adverse consequences
This Debts Recovery Tribunal is the adjudicating Authority for the any Loan Defaults above 20 Lacs, their is no other court as the jurisdiction to interfere. But, Incase of Fraud is reported than the civil courts have the purview to adjudicated the matter. We can promise you best possible level of Advocacy in the DRT.
The outcome of the NI Act depends on technicalities. Lack of proper presentation of facts and any in accuracies in drafting can potentially weakens the case. Taking advice of a legal professional who is access to legal data base with updated judgements of HC's and Apex Court is crucial to build strategic defence. Initiating proper strategy early in the process is very much vital.
We specialize in resolving non-performing assets through strategic interventions that aim to recover maximum value. Our approach includes thorough assessment, negotiation, and restructuring to enhance the financial stability of our clients.
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