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Procedure for Efficient Asset Sale: Finsaga employs a meticulous procedure to ensure a swift and value-maximizing sale of assets under distress. The following steps exemplify the company’s commitment to transparency, efficiency, and optimum realization of asset value.
Drafting and Publication of Legal Notices: Legal notices, in adherence to the SARFAESI Act, are meticulously drafted and published, incorporating all requisite particulars. This initial step sets the foundation for transparent communication with stakeholders.
Database Notification: Finsaga leverages its extensive database to promptly inform relevant individuals about the distressed property or asset slated for sale. This ensures a targeted approach in reaching potential investors interested in such opportunities.
Media Listing: Properties and assets earmarked for sale receive broad exposure through listings in popular media, including both print and electronic formats. This strategic approach expands the reach to a wider audience, attracting potential buyers.
Local Publicity: Recognizing the importance of localized marketing, Finsaga utilizes banners, inserts, and engages with local dealers to publicize the distressed properties. This targeted approach enhances visibility and interest within the local community.
Buyer Engagement: Finsaga actively engages with interested buyers, persuading them to explore the properties and facilitating inspections of the distressed assets. This personalized approach ensures a thorough understanding of buyer needs and concerns.
Auction Proceedings: The company conducts transparent auction proceedings, adhering to all necessary legal requirements. Comprehensive records and evidences are meticulously maintained, providing a robust foundation for future references and authentication.
Post-Auction Formalities: Following a successful auction, Finsaga efficiently handles the preparation of all required documents and legal formalities. The team ensures a seamless closure of the auction process, setting the stage for the subsequent transfer of title.
Documentation for Title Transfer: Finsaga recovery agency completes all documentation essential for the transfer of title in favor of the buyer. Additionally, the company plays a pivotal role in drafting and facilitating the issuance of sale certificates, ensuring a smooth transition of ownership.
Remarkable Track Record: Finsaga takes pride in its noteworthy track record, boasting over 1000+ successful auctions and sales. The company attributes this success to its dedicated team, proficient in asset management, publicity, and marketing under distress sale conditions. This experienced team possesses the capability to handle properties of any size, delivering optimal results in terms of buyer confidence, timely transaction completion, and accelerated recovery of dues.
Optimized Processes for Enhanced Efficiency: Finsaga has systematically optimized and streamlined its documentation processes, instilling confidence in buyers and enabling the timely completion of transactions. This efficiency not only benefits buyers but also contributes to the faster recovery of outstanding dues.
In essence, Finsaga Pvt Ltd, with its multi-faceted approach to financial services, stands as a beacon of innovation and efficiency, reshaping the landscape of asset recovery in the financial sector. The company’s commitment to transparency, optimal value realization, and efficient processes cements its position as a trusted partner for both lenders and investors in the realm of
distressed asset management.
Registered Office
G-289, First Floor Sector-63
Noida, Uttar Pradesh-201301© 2024 Finsaga Pvt. Ltd. All Rights Reserved