Only the legal Banking & financial solutions tailored to suit resolution for client's banking disputes and Bank's loan recovery needs.

We don't solicit clients.

What should I prepare before meeting a legal consultant?

Meeting a legal consultant—especially for something as complex as NPA resolution or SARFAESI Act matters—is a strategic moment. Here's how to make it count:

📁 Documents to Bring

These help the lawyer assess your case quickly and accurately:

Loan-related documents: Sanction letters, loan agreements, repayment schedules
Bank notices: Section 13(2) and 13(4) notices under SARFAESI Act
Correspondence: Emails, letters, or meeting notes with the bank or financial institution
Property papers: Title deeds, valuation reports, encumbrance certificates
Financial records: Latest ITRs, bank statements, balance sheets (if applicable)
Legal filings: Any DRT, DRAT, or court petitions already filed

🧠 Mental Preparation & Strategy

Define your goal: Are you seeking a stay, restructuring, OTS, or contesting possession?
Know your timeline: When did default occur? When were notices served?
Clarify your position: Are you the borrower, guarantor, or third-party owner?
List your questions: Ask about legal options, risks, timelines, and costs

🗣️ Be Honest and Transparent

Share all facts—even the uncomfortable ones. Lawyers work best with full context.
If you’ve received any verbal assurances from the bank, mention them.

💸 Understand Fee Structure

Ask if the consultation is free or paid
Clarify billing: hourly, fixed, or contingency
Inquire about additional costs (filing fees, expert opinions, etc.)

📝 Bonus Tip:

Create a Case Summary

Prepare a one-page timeline of events:

- Loan sanctioned: Jan 2020 - First default: Aug 2022 - 13(2) notice received: Oct 2022 - 13(4) possession notice: Jan 2023 - DRT case filed: Mar 2023

This helps the lawyer grasp your situation instantly.

How we help you

Our Practice Areas

Guidance is provided in matters relating to NPA accounts, loan recovery, and settlement.

Under the leadership of Adv. Shakti Kumar Jain—who brings experience as a former banker and a legal practitioner—our office is committed to professionalism and integrity in all assignments.

Please refer to our areas of practice for more information about how we may assist in addressing legal and financial questions related to these domains.

Note: All information is provided for general awareness and does not constitute solicitation or advertisement in any form.

Consult us

Website Created with ❤️ by
Klick, GeekyBear & SoftPackIndia

IIMPORTANT NOTICE

The material on this website is provided solely for academic and general informational purposes. Nothing on this website should be construed as an invitation to solicit clients or as an advertisement for legal services.

Efforts have been made to ensure the accuracy of the information at the time of publication; however, no warranty or responsibility is assumed by the owners, publishers, or any contributors for any errors or omissions.

Readers are strongly advised to seek independent legal advice or consult qualified professionals in their wisdom with regard to specific issues or cases.
This information is not intended for use as legal authority or for citation in any judicial or quasi-judicial proceedings.

Disclaimer: This notice takes precedence over all content on this site. All materials are to be interpreted strictly as general information, not as solicitation or advertisement for legal services, in full accordance with the Bar Council of India guidelines.

Please only browse this site, if you agree to the above Notice.

Contact Us

Only the legal Banking & financial solutions tailored to suit resolution for client's banking disputes and Bank's loan recovery needs. We don't solicit clients.