Introduction To SARFAESI Act
The mortgage lending industry has been hit hard in recent years by the rising number of non-performing assets (NPAs). In order to protect their interests, secured creditors are increasingly turning to the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) to recover their loans. However, the process of enforcing the SARFAESI Act can be complex and time-consuming. Fortunately, we at Kenstone Capital have skilled legal teams that specialize in helping secured creditors to enforce the Act. These teams have the experience and expertise necessary to navigate the complexities of the SARFAESI Act, and they can help to ensure that secured creditors receive the maximum possible recovery on their loans.