Bhairavi Resolution Services Private Limited

In their own words

About us “ BHAIRAVI RESOLUTION SERVICES PVT LTD” is a NPA resolution company, which provides complete debt recovery solutions with proactive legal actions. BRSPL focuses on strategically timed legal intervention based on ageing of the delinquent account with emphasis on following due process of la w, adhering to all judicial, regulatory and statutory guidelines. “ BHAIRAVI RESOLUTION SERVICES PVT LTD” has its Regional Headquarters in Chennai and operations in major cities in States of Tamilnadu and Puducherry and we operate nationwide also through our associate network. “BRSPL” has a team of law attorneys, Retired Legal Professionals, and teams of multiple disciplined professionals functionally. “BHAIRAVI RESOLUTION SERVICES PVT LTD” process effectively avoids scope for conventional blame game between the collection and legal personnel engaged in recovery. Debt collection through legal intervention ensures a definite increase in terms of resolution of accounts and the percentage of debt recovery as compared to traditional debt collection processes and an improved TAT. The Team of “BHAIRAVI RESOLUTION SERVICES PVT LTD” is a highly skilled and competent professional (I I B F Certified DRAs) with professional recovery experience. They bring the highest level of professional excellence, integrity and sound ethical and fair practices. We represent a broad section of Banks and Financial Institutions, domestic manufacturing & Service companies. Services SARFAESI Act Proceedings: • Issue of Demand Notice, Possession Notice and Sale Notice • Enforcement of Securities • Initiating application before district magistrate for enforcement of securities under SARFAESI. • Assistance for taking constructive possession of assets • Identify buyers to secure maximum value of the assets • Assistance in Conducting sale proceeds Insolvency & Bankruptcy Code Proceedings • Issue of demand notice • Filing of Application before tribunals • Filing of claims before resolution professionals • Initiation of l liquidation proceedings. • Sale Proceeds with Co- ordination of RP Arbitration Proceedings: Managing entire arbitration proceedings from the date of delinquency till the award including: • Issue of demand notice • Reference to arbitrator • Conducting arbitral proceedings • Enforcement of Interim Awards under Section 17 of Arbitration Act • Filing for application for enforcement in court/ s • Conducting attachment process Proceedings Under Negotiable Instruments Act / Payments And Settlement Systems Act • Issuing notice & Initiating criminal complaints • Services of summons • Execution of warrants • Conducting conciliation camps • Follow ups and negotiations & Execution of Awards and Decrees • Initiate and file execution application for enforcement of final award • Identify borrower / co- borrowers / guarantors, moveable / immoveable properties belonging to them • Negotiate with borrower for settlement • Attach the properties through the bailiff/ court • Conduct process of sale such as valuation, advertisement, auction etc • Taking maximum possible steps for the recovery “BRSPL” provides or facilitates following services" • Dunning & Return Mail Tracking • Following notices are developed through the ageing of the delinquency: • Default intimation notice & Pre- possession notice • Guarantor notice & Loan recall notice • Conciliation notice “BRSPL” also provides MIS tracking of the notices viz: • Delivery/ acknowledgement using bar code technology • Return notices with the reason of return analysis • Pre- Litigation Lok- Adalat/ Mediation • Lok- Adalat for amicable settlement of claim SALE OF STRESSED ASSETS “BHAIRAVI RESOLUTION SERVICES PVT LTD” is an expert in sale of stressed assets of Banks & Financial institution. It has separate team of professionals for Sale of Asset and operating as an exclusive Vertical. The company has tied up with many reality professionals and having digital marketing for sale of Assets. Further more the company is having prospective clients database and HNI & NRI Database. “BRSPL” associated with a leading Bank auction property consultant, “ARIHANT ASSOCIATES”. “ARIHANT ASSOCIATES” is a member of “NRA” (National Reality Agency and “APPCC” (Association of Professional Property Consultant of Chennai) “ARIHANT ASSOCIATES” is doing extensive Digital marketing and associated with many local Reality Agents to speed up the Auction Sale Proceeds. SKIP TRACING Our Skip Tracing process involves tracking someone who owes money from the Banks/FIs to the client but remains untraceable. Successful collection of a delinquent account requires locating the debtor. A debtor may relocate and/or have his communications disconnected, leaving creditors with no immediate means of contact. Skip tracing allows mostly the creditors to locate debtors through the expert available to us. CONSULTANC

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