Securitization Agent
We provide consultancy to various banks under the "Securitisation & Recconstruction of Financial Assets & Enforcement of Security Interest Act, 2002" for all the steps to be taken viz:-
- Issue of NOTICE
- POSSESSION OF Property
- VIDEO recording of Possession
- Reparing INVENTORY
- Engagement of SECURITY guards
- INSURANCE of assets
- VALUATION of the assets
- Fixing of RESERVE Price
- ADVERTISMENT for proposed buyers
- NEGOTIATIONS with the buyers
- Finalisation of BUYERS
- E-ADVERTISING
- FINAL negotiations
- Completion of SALE
Our officers have sucessfully completed the prescribed 100 hours training as required by Reserve bank of India.
Our team has also passed the debt recovery agent examination held by Indian Institute of Banking & Finance.