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Our Business Recovery and Management Services Division
have been fully geared up to assist the banks in enforcing
their respective security rights under the present Act.
With our team of professional management experts,
Surveyors, Legal experts and Security Advisors we are
capable of taking possession of assets, making the
inventory as per the provisions of the Act, maintenance,
taking care of the Security of the assets and its eventual
disposal.
The company has its disposal all necessary infrastructures
to take care of the storage, maintenance and secured
custody of the assets, which are taken possession by the
banks, in case of need. The company also has close liaison
with the Law Enforcing agencies and close linkages with
the commerce and trade circle which could facilitate
smooth sale of assets. We have sufficient expertise to
investigate and trace the borrowers, guarantors, their
assets as well as their debtors from whom monies would be
realised by the borrowers. |
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PERSONAL
INVESTIGATION |
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The investigative division of the company is already
quite active and has been successfully rendering their
services to the leading Financial Institutions, Public
and Private Sector Banks, NBFC’s Insurance Companies,
NRIs and OCB’s etc. Care connections (P) Ltd routinely
conduct Pre-sanction / Post sanction checks and
screening of individuals for their creditworthiness.
We feel that proper verification of the background of
the borrowers is of vital importance to financing
organization.
The services of the company are also availed by these
institutions in pre and post sanction verification;
due diligence; verification of genuineness of
documents submitted along with credit applications;
end use verification etc. Various Public Sector
Undertakings and Public Sector Banks have been
engaging us to effect recovery of their outstanding
dues and advances. |
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INSURANCE |
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Care Connections is a corporate agent for both life
and non-life insurances. The company also renders help
to insurance Companies both in the Public and Private
Sector for verification of the bonafides of the claims
lodged with them, identify false claims, bogus
documentation and other irregularities connected with
claims thereby saving the insurance companies from
financial loss. |
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