The health of every industry depends upon its financial strength. When an SME industry comes under financial stress they look at the lending institution for support. However, due to the present norms regarding classification of accounts as Non Performing Assets (NPA) and recovery laws, a smallest industrial sickness puts an entrepreneur into panic condition as his business is forced to be closed by the Bank.
We, at NPA CONSULTANTS PVT. LTD. support such industries to fight against the aggression of banks. We educate them about their rights as a borrower. We study their business and work out proposal to restructure the loan, help to arrange interim finance, liaison with the lending institution for settlement & arrange funds required, provide guidance to safeguard the mortgaged assets and borrow time legally.
As a consultant we analyze the enterprising quality of the Promoter, give direction and help the promoter to find out value additions areas in his business, restructure the marketing set up so as to ensure the positive working capital cycle.
We refer to the various possibilities, avenues and various provisions for arranging Venture Capital funds for eligible borrowers and identify Strategic Investors too. We are well updated with the Banks policy and its (such as Fair Practice Code for Lenders, SME Charter, Model Debt Collection Policy, Citizens Charter etc) , Practice & Procedure and Rules & Regulations of the Banks, Guidelines issued by Reserve Bank of India ( pertaining to fair lending policy, interest rate etc); Circulars of the Government of India, District Industries Centers as well as the provisions and interpretation of various statutes such as Law & Practice of Banking, Transfer of Property Act, Companies Act, Indian Contract Act, Specific Relief Act, Law of Torts, Law of Damages and Compensation, SARFAESI Act, DRT Act, Maharashtra State Co-operative Societies Act and Rules, etc and precedents set by past judgments of High Court/Supreme Court/Co-operative courts etc.