We devise a strategic approach for the enforcement of security and handle the enforcement and litigation process in consultation with clients’ legal counsels. Enforcement of security is undertaken by initiating action under Negotiable Instruments Act, Insolvency and Bankruptcy Code, SARFAESI Act and other applicable laws, handling the process of auction, realisation of assets and distribution of proceeds to lenders / investors.

 

Scope of Services :

​

• Assisting in evolving a strategy for legal enforcement, Handling the litigation process in consultation with lenders and legal counsel;

• Taking action under NI Act, IBC, SARFAESI and other applicable laws;

• Liasoning with the Committee of Creditors, IRP/RP etc under the insolvency matters;

• Preparing and maintaining proper records of all the documents / correspondences with respect to the default/enforcement management;

• Coordinating with the advocates for taking possession, appointment of receiver etc.;

• Evolving and handling the process of auction and realisation of assets;

• Distribution of proceeds of sale to the lenders / investors.