Madras Asset Recovery Company (P) Ltd, with its appropriate credentials offers a wide array of services to help Banks and Financial Institutions in resource mobilization and to realize maximum value out of their Non-Performing Assets (NPAs). It aims to become the most influential advisor in this business segment backed with right information, knowledge and their application. MARC intends to pioneer the NPA/Bad Debt Management through various structures available within the framework of law.
Based on the decades of experience, The Company is equipped with professionally experienced team, with rich collective experience in the areas of NPA management. These qualified debt recovery managers bring all the desired results through effective analysis of each factor that stall the recovery process of distressed receivables and finding resolutions for the same and growing opportunities in this business segment is expected to keep the team always challenged, owing to the uniqueness of each case which when resolved translate into the finest results.
Mission: To unlock the value hidden in non-performing loans and to help set up and develop vibrant primary and secondary distressed asset market in India. we are dedicated to the development of long-term client relationships to set global standard of excellence. Our team-approach philosophy ensures your needs are important to each and every member of our organization.
Vision: The vision of MARC NPA, Company is to achieve the highest possible standards of the Non-Performing Assets (NPAs) while establishing our agency as the premier and preferred BANK and ARC
Pre-take over examination of identified units/assets including physical inspection/survey, inspection of legal documents and assessment of overall viability for taking action under SARFAESI Act.
Follow-up with the borrower for his education and persuasion for repayment of bank dues and educating them about the consequences of the provisions of SARFAESI Act.
Applying for assistance/order of District Magistrate/Chief Metropolitan Magistrate as and when required for taking over physical possession of secured assets and necessary follow up for obtaining the order.
Acting as Custodian and Manager of Secured Assets after physical take over.
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