MKM has formed consortium of consultants to assist the banks and financial institutions & lenders for enforcing security interest. and has also tied up with various agencies like Valuers, Technical experts, security advisors, accounting firms to render all professional services detailed hereunder under the “Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 under one
MKM has formed consortium of consultants to assist the banks and financial institutions & lenders for enforcing security interest. and has also tied up with various agencies like Valuers, Technical experts, security advisors, accounting firms to render all professional services detailed hereunder under the “Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002” under one roof.
Services for Enforcement of Security Interest Initial Assessment & Survey of Assets For determining viability, legal and other issues before issue of Notice. Initial Legal Verification. Verification of documents of debt (term loan, debenture, working capital etc. Verification of registration of charges created with authorities. Search of titles of the mortgaged properties with authorities. Techno-Economic Study and Valuation. For viable units Techno-Feasibility Study to ascertain the viability and to ascertain whether its realizable value is greater than the scrap value. Examine the option of Closure and Sale of part of the Assets For non viable units Preliminary assessment to evaluate chance of realizing better value instead of scraping the Assets. If not, to arrange for scrap sale of the Assets. Takeover/ Possession of Asset Serving of Demand Notice to defaulting units. Taking over the possession of Assets with assistance of District Magistrate/ Metropolitan Magistrate if required. Making Inventory of Assets together with experts like Surveyors, Valuers etc. Verification of charges against Assets. Verification of creditors claims against Fixed & Current Assets and that of other creditors. Preservation, Maintenance, Safety & Security of Secured Assets Arranging the Security and Safety Services. Maintenance of assets in working condition to prevent loss of its value. Attending to litigation arising during the course of enforcement. Monitoring legal compliance under Industrial, Corporate, Fiscal and labour laws including civil and criminal matters. Devising Strategy for Sale of Assets Proactive Marketing of viable Assets to Potential buyers for realizing better value. Bringing out its strategic value through Mergers/ Acquisitions. Sale of Assets/ Transfer of Management Arranging for merger and acquisition of impaired assets wherever possible and thus unlocking the hidden/ true value. Auction of selected assets. Sale through private negotiations. Attending the post Sale Conveyance, Legal documentation, and Compliance work. Transferring the management on agreed terms (if required covert part of the debt into equity ) to effect such transfer.
Interested in this service?Get Latest Price from the seller
Money ka management with an experienced and highly qualified team of hardcore professionals, having keen understanding of intricacies of dynamic business world & rich experience of successful completion of assignments of serving clients across diverse industries and providing customized, innovative and cost effective prompt, seamless and transparent services in the area of financial solutions ,merger & amalgamation , fund raising through debt and private/ public equity, corporate advisory, asset reconstruction & other investment banking activities ,which ensures long lasting relationship and repeat business from its clientele and potential clients.