Banking, Finance & Recovery
SARFAESI, DRT proceedings, and loan recovery or defence matters for lenders and borrowers.
When a loan defaults, both sides need clear legal footing – the lender to recover dues, and the borrower to be treated fairly under the process the law actually requires. Lexcrest advises on banking, finance, and debt recovery matters.
How We Help
- Proceedings under the SARFAESI Act for secured asset recovery
- Representation before Debt Recovery Tribunals (DRT)
- Defending against wrongful or premature recovery action
- Loan restructuring and settlement negotiation
- Cheque bounce and guarantee enforcement matters
- NBFC and lending compliance advisory
Our Approach
Recovery law gives lenders real teeth, but it also gives borrowers specific procedural protections that are frequently not followed correctly. We review the recovery process itself, not just the underlying debt, and represent whichever side needs the process applied correctly.
When to Consult
As soon as you receive a demand notice under SARFAESI or a DRT summons – there are strict, short timelines for challenging recovery action.
Common questions about Banking, Finance & Recovery
Yes, through a securitisation application before the Debt Recovery Tribunal, but there are strict timelines u2014 acting quickly matters.
The matter can proceed ex parte against you, making it much harder to protect your position later. It is important to respond within the given timeline.
SARFAESI allows lenders to take possession and sell secured assets through a defined statutory process without going to civil court first, though borrowers retain the right to challenge before the DRT.