MITCON Credensia provides enforcement services to lenders and investors, assisting with the enforcement of security and recovery actions upon default. Our team brings practical experience in default management, security enforcement and recovery proceedings.
Scope of Service
- Review of security documents and enforceability
- Issuance of notices and demand letters as instructed
- Coordination of enforcement action upon default
- Support for recovery proceedings under applicable law
- Liaison with legal advisors and recovery agents
- Reporting on enforcement progress to instructing parties
Frequently Asked Questions
What are enforcement services?
They are services supporting the enforcement of security and recovery of dues following a default, including issuing notices and coordinating action.
When are enforcement services triggered?
Typically upon a default or breach, and on the instructions of the secured lenders or investors.
Is this service SEBI-regulated?
Standalone enforcement services are offered on a non-SEBI regulated basis, so SEBI investor-protection mechanisms do not apply.
What actions can be taken on default?
Depending on the documents and applicable law, these may include demand notices, invocation of security, and support for recovery proceedings.
How does MITCON Credensia support recovery?
Through experienced default-management personnel who coordinate with legal advisors and recovery agents and report progress to instructing parties.
Have questions about Enforcement Services?
Our team can walk you through structuring, fee arrangements, and compliance requirements.
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