SARFAESI

SARFAESI Act, passed in the year 2002, is a law emerging and a weapon strengthening the hold of co- operative banks. The act applicable on both co-operative and commercials banks has been a relief to Indian lenders so as they can recover their dues quickly. The act has empowered the banks and financial institutions to recover the loans directly by auctioning the residential and commercial properties of the borrower, which had been a long drawn process earlier as the institutions where left with only recourse carrying a civil suit.
Expertise at firm with their vast knowledge and years of experience are assisting and representing its clients in the matters on and disputes relating recovery before Debt Recovery Tribunal and before High court and Supreme Court.