One of the most common ways in which banks recover bad loans is through the SARFAESI Act, which stands for The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act. The SARFAESI Act allows banks and other financial institutions to auction residential or commercial properties to recover loans.
We at Anuj Dewan & Associates, have a deep understanding of the SARFAESI Act, which enables us to provide our Client with the best legal representation and advice. Being on panel of Nationalized Banks and NBFCs, we provide in depth information and solution to our Clients from restructuring of loans to managing the bad debts and have a successful track record in recovering bad loans for our clients.
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