Enforcement / Supporting Agency Services as per the Provisions of SARFAESI Act

  • Drafting of 60 days’ notice/ Demand notice or Notice u/s 13(2)of SARFAESI Act.
  • RPAD/ Direct Service of Demand notice.
  • Pasting of Demand notice.
  • Drafting and Paper Publication of Demand notice.
  • Pre-Possession Inspections& preparing viability report.
  • Arranging to obtain District Magistrate (D.M) / Chief Metropolitan Magistrate (C.M.M) orders u/s 14 of SARFAESI Act for forceful Physical Possession.
  • Arranging Police Protection and Coordinating with Exe. Magistrate for taking Possession.
  • Assistance in taking Possession.
  • Preparation of Possession Notice, Drawing Panchnama & preparing detailed inventory as per the provisions of SARFAESI Act.
  • Publication of Possession Notice.
  • Arranging Security Agency to safe guard Possessed Assets.
  • Drafting, service & pasting of Auction  / 30 days Sale Notice as per the provisions of SARFAESI Act.
  • Arranging inspection of Assets to prospective purchasers.
  • Publication of Auction Notices/30 days Sale Notices.
  • Marketing / Mobilizing bidders for Stressed Assets.
  • Conducting Auction of properties / other Assets.
  • Sale through Private Treaty as per the provisions of SARFAESI Act.
  • Removing inventory and keeping in Warehousing.
  • Insurance of Assets.