| • |
Intensive
pre-viability inspection to facilitate seizure /
custody of secured assets under Section 13(4) of
SARFAESI Act’ 2002. |
| • |
Assist in
taking possession of movable and immovable properties,
as an Agent of the Authorised Officer, in full
compliance with the procedure laid down under the
rules. |
| • |
Assist the
Authorised Officer in preparing the Panchnama,
inventory of the property, etc. as per procedure and
formats prescribed. |
| • |
Arrange,
on behalf of the Authorised Officer, for storage,
maintenance, preservation and locking up arrangements,
as appropriate, of the movable / fixed / immovable
assets so taken over. |
| • |
Arrange,
on behalf of Authorised Officer, for Security,
Insurance and / or any other action required to ensure
safety of the asset taken over. |
| • |
Assist the
Authorised Officer to send notices to the debtors of
the borrower-follow up collection. |
| • |
Assist the
Authorised Officer in arranging for valuation as per
procedure laid down. |
| • |
Assist the
Authorised Officer in arranging for sale of the assets
as per any of the modes prescribed. |
| • |
Assist the
Authorised Officer in receipt of sale proceeds, issue
of sale certificate and all other formalities
prescribed. |
| • |
Taking
possession of movable / immovable secured assets under
Section 13(4) for and on behalf of the various banks. |
| • |
Making
complete locking up and sealing arrangements and
safeguarding the assets /complex and commercial
buildings. |
| • |
Conducting
seizure of assets and final recovery. |