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Banking & Financial Recovery Lawyers

Senior finance and banking advocates representing borrowers and financial institutions in Debts Recovery Tribunals (DRT), SARFAESI Section 13(2) and 13(4) notices, possession stays, and One Time Settlement (OTS) negotiations.

Avg Experience14+ Years
Typical Consultation₹399 – ₹999
Verified Advocates80,000+ in Directory
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Verified Practicing Advocates (1)

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Adv. Meenakshi Sundaram

Verified
Enrolment No: MAH/3820/2013
★ 4.8(39 reviews)
Location: Mumbai, Maharashtra
Practice Courts: Bombay High Court & City Civil Court
Standing: 13 Years at Bar

Statutory Framework & Court Jurisdictions

Primary Governing Acts & Sections
  • SARFAESI Act 2002
  • Recovery of Debts and Bankruptcy Act (RDBA) 1993
  • Banking Regulation Act 1949
  • RBI Prudential Framework on Stressed Assets
Competent Courts & Tribunals
  • Debts Recovery Tribunal (DRT)
  • Debts Recovery Appellate Tribunal (DRAT)
  • High Court Commercial Writs
  • Supreme Court of India

Frequently Asked Questions on Banking & Finance Law

Can a bank auction my property without court intervention under SARFAESI?▼

Yes, secured creditors can take symbolic and physical possession under Section 13(4) of SARFAESI Act, but you have the statutory right to challenge the auction within 45 days before the DRT under Section 17.

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