The firm represents the Indian banks and Financial Institutions in disputes before the Debt Recovery Tribunal and the Debt Recovery Appellate Tribunal. It is also very active in advising and acting in proceedings under the recent Insolvency and Bankruptcy Code before the National Tribunals, Lower Courts and Commercial courts. RIGHTS OF PARTIES UNDER SARFAESI ACT, 2002 The ‘Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act”. The SARFAESI Act allows banks and other financial institutions for auctioning commercial or residential properties to recover a loan when a borrower fails to repay the loan amount. The firm ensures the complete protection of rights of the parties involved under the SARFAESI arrangement by safeguarding them against the recovery action initiated by the secured creditors such as Private, Public and Cooperative banks, Financial Institutions and any other money lending institutions.