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Verticals (Legal Eagles)
Services
Services avilable to the borrowers
New setup for industrial units
M/S Legal Eagle Global Corporation provide complete assistance, solutions and packages for Setup of New Industry/Company/Firm for manufacturing and business in India.
NAME OF VISITOR
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Company
 
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Partnership Firm
 
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email
 
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Cell/phone no.
TYPE OF SETUP
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Company
 
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Partnership Firm
 
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Proprietorship Firm
 
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Industrial Unit
 
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Specification of Area – North Zone
 
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South Zone
 
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West Zone
 
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East Zone
Financial Assistance
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Less than 10 Crores
 
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More than 10 but Less than 50 Crores
 
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More than 50 but Less than 100 Crores
Type of Institutions
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Nationalised Banks
 
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Financial Instituions
Consultancy
i)To discuss interact with them to find out the exact nature of their problems and the reasons for their friction with the banks ; to delve in depth into the intricacies of the problems agitating the borrowers and how best they could be helped out to repay the dues of the banks co0mfortably and in a phased manner.

ii) To assist, the borrowers in drafting the O.T .S. Proposals under the R. B.I. guidelines before sending them to bank authorities for necessary approval; but the basis for liquidation of bank overdues will be the actual N.P.A outstanding dues as on the cut date ( the date on which the account was classified N.P .A)

iii) To help the borrowers to sell their mortgaged assets/ properties to potential buyers to realise the realistic price for mortgaged assets to the bank, but subject to the proviso that the entire sale proceeds should be deposited in the loan account of the borrowers in settlement of dues, of course after obtaining the consent from the bank for sale of the mortgaged assets.

iv) To find out buyers/overseas buyers financially of sound means to take over the unit for proper working and restore it to normalcy after a period of time, when the unit can be handed over to the borrower, and at the same time, such an arrangement would facilitate the borrower to repay the dues of the bank in a phased manner, after availing the holiday period. For this there must be a tripartite agreement between the buyer/borrower and the bank under Hire purchase Agreement and so on.

v) To participate actively on behalf of the borrowers in concubinary meetings/discussions/interface dialogue with bank authorities and borrowers and to represent their cases forcefully with cogent and convincing reasons.

vi) To explore the possibility of re-schedulement of Loan installments/re-structuring of Loan Proposals if that would gi ve a cushioning gap for the borrowers: to repay the dues of the bank in a phased manner in an amicable manner.

vii) To contest the cases on behalf of borrowers/guarantors against the banks/secured creditors irrespective of the nature of the cases, whether they come under the purview of SARFAESI Acr, 2002, DRT Act, S.FI Act, 1951 or any other Act under the Law and to help them draft out suitable reply to Legal Notices issued under the SARFAESI ACT, 2002, to assist them in drafting counters, rejoinders, writ petitions, S.L.Ps and SO on.

viii) Also to impress upon them that they should payoff the dues of the banks over a period of time as honest and sincere customers of the banks as bank's funds lent for borrowings are precious public funds -which should not be misused or blocked indefinitely from banks.

WE ARE HERE TO SUPPLEMENT AND STRENGTHEN and expedite settlement of dues of Banks from the borrowers within the four corners of law with an innovative and professional and practical approach, and at the same time creating an attitudinal and aptitudinal change in the borrowers to pay off the dues of the bank without resorting to dilly dallying tactics to postpone the repayment sine die.

THUS, WE STRETCH BOTH OUR HANDS EQUALLY TO BOTH BANKS AND BORROWERS TO TAKE UPON OURSELVES THEIR FINANCIAL PROBLEMS AND TO MAKE THEM FEEL FREE AND AT EASE.
 
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