The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002<\/strong> empowers banks and financial institutions to recover non-performing assets (NPAs) without approaching courts. SARFAESI matters involve enforcement of security interests, asset recovery, and legal challenges to prevent unlawful seizure of property or assets by lenders.<\/p>\n
Types of SARFAESI Matters<\/h6>\n
Recovery of Loans<\/strong> \u2013 Enforcement of security interest to recover outstanding loans.<\/p>\n
Asset Seizure\/Attachment<\/strong> \u2013 Legal measures taken by banks to attach or sell mortgaged property.<\/p>\n
Appeals under SARFAESI<\/strong> \u2013 Challenging recovery actions before the Debt Recovery Tribunal (DRT)<\/strong> or Debt Recovery Appellate Tribunal (DRAT)<\/strong>.<\/p>\n
Enforcement Notices<\/strong> \u2013 Legal representation in responding to possession or demand notices issued by banks.<\/p>\n
Bank Disputes<\/strong> \u2013 Cases involving procedural lapses or illegal actions by banks in asset recovery.<\/p>\n
Our Expertise<\/h6>\n
At Milind Modi Law Associates<\/strong>, we provide comprehensive legal support in SARFAESI matters. Our experienced team assists clients in:<\/p>\n
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Challenging or defending SARFAESI notices and recovery actions<\/strong><\/p>\n<\/li>\n
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Filing appeals before DRT and DRAT<\/strong><\/p>\n<\/li>\n
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Representing clients in bank possession and auction proceedings<\/strong><\/p>\n<\/li>\n
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Advising on strategies to protect property and assets<\/strong> from unlawful seizure<\/p>\n<\/li>\n
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Ensuring compliance with statutory provisions<\/strong> while safeguarding borrower rights<\/p>\n<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t