Classification of loan accounts as Non-Performing Assets (NPA) may lead to recovery measures by banks and financial institutions under various statutory mechanisms.

Such matters may involve issues concerning loan documentation, security interests, recovery proceedings, restructuring proposals, settlement discussions, and statutory remedies available under law.

Practice Areas

Assistance may include:

• Review of loan and security documentation.
• Examination of NPA-related actions.
• Advice relating to recovery proceedings.
• SARFAESI-related disputes.
• Proceedings before Debt Recovery Tribunals.
• Legal issues concerning secured assets.
• Settlement and restructuring-related documentation.
• Recovery disputes involving borrowers, guarantors and third parties.

The nature of legal assistance depends upon the facts, documentation and legal issues involved in each matter.