Legal Recovery Services

We provide comprehensive NPA resolution services for scheduled banks and NBFCs — combining pre-litigation negotiation, one-time settlement structuring, and full enforcement action where required. Our team analyses each account's legal and financial profile to determine the fastest, most cost-effective recovery path.

• Pre-litigation borrower negotiation
• One-Time Settlement (OTS) structuring
• Security enforcement and asset realisation
• Portfolio-level NPA strategy for large lenders
• Regulatory compliance throughout the process

We possess specialised expertise in handling cases under Section 138 (Dishonour of Cheques) and Section 25 (Recovery of Debts and Bankruptcy Act) by meticulously filing and vigilantly monitoring each case. Our close collaboration with court systems is key to fast-tracking these critical proceedings.

• Section 138 NI Act — cheque dishonour complaints and prosecution
• Statutory demand notices and compliance management
• Section 25 RDBA — debt recovery applications and follow-through
• Meticulous case filing and end-to-end monitoring
• Active court coordination to fast-track proceedings
• Parallel civil and criminal recovery strategy

Lawcovery maintains an active presence across all major Debt Recovery Tribunals and the Debt Recovery Appellate Tribunal. We handle the full lifecycle — from filing Original Applications and interim injunctions to enforcement of Recovery Certificates and appellate proceedings.

• Filing of Original Applications (OA) under RDDBFI Act
• Interim relief — injunctions and attachment orders
• Cross-examination and evidence management
• Recovery Certificate enforcement
• DRAT appellate representation
• Presence at DRTs in Mumbai, Delhi, Chennai, Kolkata, Hyderabad, Bengaluru

We manage the complete SARFAESI enforcement cycle — from issuance of demand notices under Section 13(2) to physical possession, auction management, and defence against borrower challenges before the Debt Recovery Tribunal and High Courts.

• Section 13(2) demand notices and compliance
• Section 13(4) possession notices — symbolic and physical
• Auction management and buyer coordination
• Defence against Section 17 DRT challenges
• High Court writ petition defence
• Coordination with authorised officers and district administration

Our insolvency team represents financial creditors in Corporate Insolvency Resolution Process (CIRP) and liquidation proceedings before the National Company Law Tribunal. We advise on admission strategy, participate in Committee of Creditors, and evaluate resolution plans to maximise creditor recovery.

• Section 7 application filing (financial creditors)
• Section 9 application filing (operational creditors)
• Committee of Creditors (CoC) representation
• Resolution plan evaluation and voting strategy
• Liquidation proceedings and asset distribution
• Cross-border insolvency advisory

Before initiating legal action, institutional lenders benefit from a clear-eyed assessment of their recovery prospects. We provide pre-litigation portfolio reviews, legal risk assessments, and recovery strategy consulting — helping clients choose the right forum, timing, and approach for each account.

• Pre-litigation legal risk assessment
• NPA portfolio analysis and prioritisation
• Forum selection — DRT vs SARFAESI vs IBC vs civil court
• Security document review and enforceability opinion
• Recovery probability modelling
• Regulatory and compliance advisory

Obtaining a decree or recovery certificate is only half the battle. Our enforcement team specialises in post-decree execution — attaching and selling assets, garnishing receivables, and pursuing guarantors — to ensure that legal victories translate into real financial recovery.

• Execution of civil court decrees
• Attachment of movable and immovable property
• Garnishee proceedings against debtors of the borrower
• Pursuit of personal and corporate guarantors
• Recovery Certificate execution under RDDBFI Act
• Cross-border asset tracing and enforcement advisory