We hold expertise in understanding as well as handling matters related to Sarfaesi (Securitization & reconstruction of financial assets & enforcement of security interest act), which was implemented in 2002. Here, we assist banks as well as financial institutions under relevant provision of securitisation. The act enables banks & financial institutions to realize issues like:
Long term assets
Manage problems of liquidity
Asset liability mismatch
Improve recovery by exercising powers to take possession of securities
Sell on demand
Reduce non-performing assets (By adopting measures for recovery/reconstruction)
Some of the works we have handled in this area include:
Serving notices as dasti or affixing and drum beat
We took intensive pre- viability inspection for facilitating seizure/ custody of secured assets under section 13(4) of sarfaesi act, 2002
We took possession of movable/immovable secured assets under sec 13(4) of serfiesi act 2002, for and on behalf of various banks and financial institutions
Making complete inventory of the assets
Making complete locking up and sealing arrangements as well as safeguarding assets/complex and commercial buildings
Conducting seizure of assets and final recovery
These services were undertaken by some banks as well as financial institutions as enforcement agent under Securitization & reconstruction of financial assets and enforcement of security interest Act, 2002 (Sarfaesi Act).
Founded in January 2005 as a Company and in the year 2006, as a Pvt. Ltd. Company, at Delhi, India, we “NNB Investigation Private Limited,” are a Professional Intelligence Organization offering services in the field of Private Investigation and Consulting Services.
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