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+91-7007727783At Finsaga, our experienced team is dedicated to excellence, offering unparalleled support in the recovery and management of financial assets. Finsaga's Enforcement Agents are highly trained professionals who specialize in executing the provisions of the SARFAESI Act. We are adept at taking possession of and managing assets that are subject to security interests. With a strong legal background and practical experience, these agents ensure that the enforcement process is carried out smoothly and efficiently, leading to the successful recovery of assets and reduction of non-performing assets.
Finsaga offers a wide range of services designed to address all aspects of debt recovery and asset management. Our scope extends from initial debt assessment and negotiation to the enforcement of security interests, asset sale, and legal proceedings. We provide end-to-end solutions that cover the entire lifecycle of debt recovery, ensuring that clients have access to comprehensive support in managing and resolving financial disputes.
Finsaga Pvt Ltd initiates the process by conducting a comprehensive examination of identified units/assets. This involves physical inspection, survey, and a detailed assessment of legal documents to determine the overall viability for taking action under the SARFAESI Act.
The company follows the legal framework outlined in the SARFAESI Act and Rules. This includes drafting and servicing notices, such as the demand notice under section 13(2), symbolic possession notice, physical possession notice, and sale notice. These legal procedures are crucial steps in the enforcement of security interest.
Finsaga Pvt Ltd engages in a proactive follow-up with the borrower, educating them about the implications of the SARFAESI Act and persuading them for repayment of bank dues. This involves communication to ensure that borrowers are informed and understand the consequences of their financial obligations.
Upon obtaining necessary legal orders, Finsaga takes symbolic and physical possession of secured assets on behalf of the bank. This process involves coordination with law enforcement agencies, private security, and other necessary measures to secure and protect the assets.
The company plays a crucial role in the sale of seized assets. This includes assistance in the valuation of movable and immovable secured assets, fixation of reserve prices, and facilitation of the sale through various channels, such as auctions or direct sales. Finsaga's extensive database of prospective buyers and investors aids in the efficient recovery of dues for the banks within the legal framework of the SARFAESI Act.
Our team have 15+ years of expertise in swift debt recovery and asset management services.
Finsaga Debt Resolution Services stands as a beacon in the financial recovery sector, with over a decade and a half of unparalleled expertise. Specializing in navigating the complexities of debt recovery, Finsaga employs the SARFAESI Act to its full potential, ensuring quick and efficient resolution of non-performing assets.
Finsaga Recovery Agency, excels in reclaiming debts through strategic asset management and sales. Harnessing the power of the SARFAESI Act, We provide swift, efficient solutions to financial institutions, private & public Sector Banks, ensuring the recovery of non-performing assets with minimal hassle and maximum effectiveness.
Finsaga Enforcement Agents are specialized professionals empowered by the SARFAESI Act to enforce security interests for debt recovery. With adept knowledge in legal and financial domains, We efficiently handle asset seizure and liquidation, ensuring swift resolution of non-performing assets.
Registered Office
G-289, First Floor Sector-63
Noida, Uttar Pradesh-201301© 2024 Finsaga Pvt. Ltd. All Rights Reserved