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The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 empowers banks and financial institutions to recover non-performing assets (NPAs) without approaching courts. SARFAESI matters involve enforcement of security interests, asset recovery, and legal challenges to prevent unlawful seizure of property or assets by lenders.
Recovery of Loans – Enforcement of security interest to recover outstanding loans.
Asset Seizure/Attachment – Legal measures taken by banks to attach or sell mortgaged property.
Appeals under SARFAESI – Challenging recovery actions before the Debt Recovery Tribunal (DRT) or Debt Recovery Appellate Tribunal (DRAT).
Enforcement Notices – Legal representation in responding to possession or demand notices issued by banks.
Bank Disputes – Cases involving procedural lapses or illegal actions by banks in asset recovery.
At Milind Modi Law Associates, we provide comprehensive legal support in SARFAESI matters. Our experienced team assists clients in:
Challenging or defending SARFAESI notices and recovery actions
Filing appeals before DRT and DRAT
Representing clients in bank possession and auction proceedings
Advising on strategies to protect property and assets from unlawful seizure
Ensuring compliance with statutory provisions while safeguarding borrower rights
The information contained on the website of Milind Modi Law Associates is provided for general informational purposes only and should not be interpreted as legal advice or a substitute for professional consultation. By accessing this website, you acknowledge that the content herein is meant solely to provide a general understanding of the law and the services offered by the firm. Nothing on this website is intended to create, and receipt of it does not constitute, an attorney-client relationship between you and Milind Modi Law Associates. Such a relationship can only be established through a formal written agreement after a detailed consultation.
While every effort is made to ensure that the information presented is accurate and up to date, Milind Modi Law Associates makes no representations or warranties of any kind, express or implied, regarding the completeness, accuracy, reliability, or suitability of the content for any particular purpose. Laws and legal interpretations are subject to constant change, and the application of legal principles can vary significantly depending on the facts of each individual case. Therefore, readers are strongly advised not to act or rely on any information contained on this website without first seeking appropriate legal counsel.