We also facilitate companies in debt resolution and asset recovery, and fight against Banks taking possession of the companies’ assets.RCI empowers banks and financial institutions to recover non-performing assets (NPAs) without court intervention. SARFAESI advisory services help institutions navigate the complexities of this act effectively.
Here's an overview of the key services provided:
Legal Consultation and Advisory: Offering comprehensive legal advice on SARFAESI procedures, rights, and obligations. This includes guidance on demand notices, asset seizure, and sale or lease of assets to recover debt.
Compliance Audit and Assessment: Conducting thorough audits to evaluate compliance with SARFAESI regulations and identifying areas for improvement.
Asset Evaluation and Due Diligence: Performing detailed evaluations and due diligence on assets enforced under SARFAESI to determine their value and legality. This step is crucial for accurate asset management and recovery.
Transactional Support: Offering legal support and documentation for SARFAESI transactions, including the preparation of demand notices and other necessary legal documents.
Negotiation and Dispute Resolution: Providing legal support for negotiations with borrowers and resolving disputes related to SARFAESI actions. This includes representing clients in legal proceedings if necessary.
Litigation Support: Offering legal representation and support for SARFAESI-related litigation, including defense against creditors and enforcement actions.