Possession notices, symbolic and physical possession, and asset enforcement carried out fully within the SARFAESI Act framework — documented at every stage.
The SARFAESI Act, 2002 lets secured creditors enforce their security interest without approaching a court, provided the process is followed correctly. Sai Resolution Service runs SARFAESI enforcement as a disciplined, documented process for banks, NBFCs and ARCs across South India.
Our in-house legal team prepares and serves demand notices under Section 13(2), tracks the statutory 60-day response window, and moves to possession under Section 13(4) only once every procedural step is verifiable.
Banks, NBFCs and ARCs holding secured NPA accounts that qualify for enforcement under SARFAESI.
Security documentation, charge registration and NPA classification are verified before any notice is drafted.
Notice is drafted, served, and proof of service documented against the statutory 60-day clock.
Any borrower representation is reviewed and responded to within the prescribed timeline.
Symbolic or physical possession is taken, with authority assistance sought where occupied.
Panchnama, inventory and photographs are compiled and handed to the lender.
Timelines vary, but the statutory notice window alone is 60 days. Contested cases involving court intervention take longer.
Yes. Symbolic possession is handled directly; physical possession of occupied property is coordinated with the District Magistrate or CMM.
Assets move into secure storage and documentation, then into buyer facilitation under NPA Asset Sales.
