| DEBT & NPA MANAGEMENT
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| Legal modes of debt recovery |
The
company has a full fledged legal division at Mumbai
and Delhi having highly competent teams of lawyers at
both places. The company has been able to devise innovative
legal modes of recovery with the primary objectives
of speedier, optimum and cost effective results, especially
in the areas of Section 138 and auto loan resolution.
Various products being offered by the Company are as
under –
1. Organising Lok Adalats
2. Invocation of Arbitration Clause
3. Legal action under Section 138 of NI Act
4. Servicing of Summons, BWs & NBWs to effect
recoveries
5. Recoveries thru Police Complaint u/s 120 B &
420
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| Investigations of individuals &
assets |
We have a fully
trained team under a senior police officer for investigations
of individuals and properties / assets of all kinds.We
have had a highly sucessful track record of locating
individuals & corporate assests in extremely incalcitrant
cases. |
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Soft Collections |
| We undertake soft collections through
our call centre and field personnel. This exercise is
done through fully trained staff working within the RBI
parameters. |
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| Post decree assets investigation |
By the time the
decrees are awarded to banks, the status of assets invokable
under the decree is usually unclear or not known at
all. We specialize in locating these assets/ individuals
to facilirate executions of decrees. |
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| Enforcement under the Securitisation
Act |
We are the leading
agency in the NCR Of Delhi and Mumbai for enforcement
under Securitisation Act. The company has developed
systems to tackle the inherent delays in the process
and has achieved optimum results for various banks.Our
unique strength is that our enforcement action invariably
has police back-up support. |
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