In-depth analysis of various types of recovery mechanism with a practicalapproach for resolution of NPAs and Stressed Assets.
The complete process for initiating action under the SARFAESI Act to restrain the borrower from transfer/lease/sale of secured assets, including issuance of notices to the debtors of the borrower, filing of caveat in the DRT/DRAT, purchase of immovable property by Banks/FIs in auction and action in case of company under liquidation.
Practical Tips to deal with the complex issues in executing the provisions under the SARFAESI Act and other methods of recovery.
System & Procedure for taking possession of the movable/immovable assets and sale thereof through various modes including e-auction.
Action to be taken for enforcement of the security interest in respect of immovable property including agricultural land converted into non-agricultural at the time of taking action under the SARFAESI Act.
Types of Recovery Mechanism suggesting comprehensive systems for NPA management along with Frequently Asked Questions (FAQs).
The Role and Responsibility of the Authorised Officer and precautions to be taken while exercising the powers conferred on him under the SARFAESI Act along with the check list.
English Mortgage vis-?-vis SARFAESI Act with its salient features.
Application of provisions under SARFAESI Act to get the reference under BIFR abated with special reference to the consortium advances.
Procedure and system of acquisition of financial assets by the Securitisation Companies (SCs)/Asset Recon-struction Companies (ARCs) and recovery measures of asset reconstruction which includes change in or takeover of the management of business of the borrower and conversion of debt into equity of a borrower company.
Organization of Recovery Camps and Lok Adalats suggesting various aspects for settlement/compromises of NPAs through negotiations.
Case studies to give a practical orientation.
Important case laws of various courts.
Procedure and system of filing claim in the DRT including recovery of balance amount under the SARFAESI Act along with Important Points / Tips.
Powers of Recovery Officer under DRT Act and execution of decree.
Central Electronic Registry - Mechanism and functioning.
Powers of State Government under the Bombay Relief Undertaking Act, 1958 and recovery through State Recovery Act and other Acts.
Ready to use Formats for taking action under the SARFAESI Act and other modes of recovery etc.