SEOK CONSULTANCY SERVICES PVT. LTD. – ENFORCEMENT DEBTS RECOVERY AGENCY
Welcome to Seok Consultancy Services Private Limited, one of Gujarat’s premier Recovery agency.
Seok Consultancy Services Private Limited provides a fair loan recovery solution to help the banks and financial institutions to recover the amount which is stuck in the various loan accounts which has been classified as NPA. We also try to guide defaulters towards a brighter future, free of debt and full of hope and optimism along with safe guarding financial organization’s image.
This ideal is beautifully represented by our well build experienced team.
Our business model center on loan recovery solution with a humane approach.
Seok Consultancy Services Private Limited relies on three pillars – People, Process and Technology.
The strength of Seok Consultancy Services Private Limited is in resolving the problem of unpaid loan which is derived from our team’s rich experience in Recovery.
The strength of Seok Consultancy Services Private Limited is in resolving the problem of unpaid loan which is derived from our team’s rich experience in Recovery.
Approach to debt resolution
The first step in our approach is to understand the intent behind the default situation and understand if the borrower is keen to address the situation, willing to assume responsibility and willing to cooperate.
In case the borrower is willing to cooperate, our Resolution Counsellors will offer him/her suitable option to address the default. These could include extension of repayment period, settlement, an alternative arrangement for structured repayment ( in deserving cases) or even loan foreclosure by selling the borrower’s collaterals with his or her cooperation. The borrower needs to disclose his or her financial situation in detail to justify the resolution approach. Subject to fulfilling financial organization’s interest and image.
However, if the borrower is not willing to cooperate, we adopt a no-nonsense approach in accordance with the Preveling law.
Tool for Debt Recovery
The Recovery of Debts Due to Banks and Financial Institution Act, 1993 (“DRT Act” Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(“SARFAESI”)
Code of Civil Procedure, 1908 (“CPC”)
Indian Contract Act, 1872
Specific Relief, 1963
Negotiable Instrument Act, 1881(“NI Act”)
Companies Act, 2013
Indian Penal Code, 1860(“IPC”)
Transfer of Property Act, 1882(“TP Act”)
And other prevailing law’s
Asset Verification / Resolution
We offer advisory services under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI), 2002
We cater to small as well as large ticket loans including loans given to industrial units, housing loans and other retail loan Borrowers.
Infrastructure:
The firm is well equipped with the Latest technology of working like computers, fax, mobiles, Internet & telephone to carry out work more efficiently and promptly.
We are having well experienced staff team to carry out all types of assignments for Recovery / Collection / Investigation / Skip Tracing and other allied services etc. on demand basis.
More over we have a very good network required to fulfill the allotted task of recovery and we do maintain a credit relation and contact’s in the policr department and local administration.
Our company is professionally managed engaged in the business of providing services as enforcement agents and resolution agents, legal process outsourcing of all steps, procedures, processes, and legal formalities under the SARFAESI Act, 2002.
Our company is equipped with complete infrastructure, including an advocate on panel, arrangements for security guards, a large data bank for prospective buyers and investors, and arrangements for the sale of property.
The company is taking physical possessions and symbolic possessions, DM/CMM orders, and has handled each situation tactfully without affecting the image of the bank.
We have a Security Guard Staff of more than 100 and DRA (debts recovery agent ) staff who are well qualified and have already received 100 hours of mandatory training as laid down by the ( IIBF-RBI ) Indian Institute of Banking and Finance.
SEOK REAL ESTATE – BANK AUCTION PROPERTIES.
Our company is an efficient and effective marketing tool. The company works for the bank as an empanelment as “Property Broker for Finding Buyers of Property Under SARFAESI Action” (SARFAESI: Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002). It allows banks and other financial institutions to auction residential or commercial properties of defaulters to recover loans.
We provide easy buying property for you all over India. Seok has transformed the experience of purchasing property through bank auctions such as home or commercial property for hundreds of thousands of buyers.
We Helping In Buying Bank Auction Property And Registration for Participate In Auction, Helping With the Step-By-Step Procedures In This Process.
with us You can easily Purchase of Bank Seized Property House, Villa, Appartments, Commercial Shops and Showrooms , Factory Mills Plant and Machinery, Stocks and etc.
WHAT ARE BANK AUCTION PROPERTIES ?
The properties repossessed by banks are regularly sold off at rates 20–40% lower than the prevailing market rate through auctions. A bank auction can be uplifting, but it is also a very tedious way of grabbing a sale. Under the SARFAESI Act (Securitization and Reconstruction of Financial Assets and Securities Interest Enforcement Act, 2002), banks are permitted to sell off repossessed or stressed properties to recover their losses.
These properties are seized by banks after the lenders have made several mispayments. They are also sold at attractive prices, as banks sell foreclosed properties solely to recover the remaining principal and interest.
