BUSINESS OVERVIEW

SHREE RAJ ASSOCIATES is a dedicated sole proprietorship agency specializing in the recovery of bad loans and the enforcement of secured asset possession under the SARFAESI Act, primarily serving banks and financial institutions. Our core mission is to support these organizations in mitigating financial losses caused by unscrupulous borrowers who engage in fraudulent activities, thereby safeguarding the interests of the banking sector. Our agency is composed of a team of highly trained and experienced professionals with proven expertise in loan recovery and asset enforcement. We have successfully taken physical possession of more than 500 immovable properties across multiple districts and resolved over 100,000 cases, recovering amounts exceeding ₹50 crores. Among these, we have conducted 50 and above auctions, facilitated 10,000+ cases settled through One-Time Settlements (OTS) and compromises, leading to the full closure of these accounts. This extensive experience underscores our capability to assist banks and financial institutions in curbing fraudulent practices and clandestine dealings, enabling effective recovery and minimizing pecuniary losses.

Our Team

Pritee Sucharita

Proprietor with MBA in Finance, overseeing recovery with commitment to integrity and compliance.

Jasaswini Mohapatra

Legal Advisor since 2011, specializing in DRT cases, SARFAESI, and monetary claims.

Core Activities

Our firm undertakes a comprehensive range of activities related to recovery and enforcement, including but not limited to:

• Conducting soft recovery efforts through amicable negotiations and settlements with borrowers to recover dues without resorting to legal or enforcement actions whenever possible.

• Taking lawful possession of immovable properties through the preparation of Panchanama and detailed inventory in strict compliance with procedural guidelines prescribed by the banks.

• Coordinating the valuation of assets and managing the publication of necessary legal notices and papers as per regulatory requirements.

• Facilitating the procurement of insurance policies for both movable and immovable assets held by the bank to safeguard their value during the recovery process.

• Arranging the sale of secured assets through appropriate and approved methods, ensuring adherence to the rules set forth by the banks.

Let us help you

Key Clients

We’ve helped them recover. We’re ready to help you too.