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Stages of Non Performing Asset:
Pre-NPA Stage :
We study the clients business and work out a feasible restructuring plan
Helping in existing resources planning
Arranging for funds required for the business
Liasioning with the Banker if required
Post- NPA Stage :
Counselling the client explaining the repurcations of NPA and his rights under the law.
Means and methods to counter the situation
Dealing with the Banker – tactfully, giving revival proposal or legally.
Study the clients business and work out strategy to raise finance by alternate methods
even under NPA condition.
Documentation, allied and ancillary work related to raising the finance.
Important things should do with NPA Process:
Gain time legally.
Get an equal stand with the Bank to agree to work out an amicable solution.
Restructure the business, gain financial strength and improve bargaining power.
Ultimately settle with the Bank amicably and put the unit back in a healthy state.
Legal Process of NPA:
Specific guidance on the following stages after taking the possession of the property:
Auction notice issued
Auction date fixed
Bidding done and sale confirmation pending
Sale confirmation done, physical possession given to the purchaser
Physical possession given to the purchaser
Please fill the enquiry form to get more information on No Advance Private Finance