+91 88262 30101Debt Recovery
Debt Recovery Laws
Recovery of Debts and Bankruptcy (RDB Act), 1993 is an Act to provide for the establishment of Tribunals for expeditious adjudication and recovery of debts due to Banks and Financial Institutions and for matters connected therewith or incidental thereto
Securitization & Reconstruction of Financial Assets & Enforcement of Security Interest (SARFAESI) Act, 2002 is an Act to regulate securitisation and reconstruction of Financial Assets and enforcement of security interest and for matters connected therewith or incidental thereto.
Debts Recovery Tribunals and Debts Recovery Appellate Tribunals
The Debts recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunal (DRATs) have been established under RDB Act, 1993 with the specific objective of providing expeditious adjudication and recovery of debts due to Banks and Financial Institutions.
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As a pioneering virtual law firm, SangsLegal is redefining the standard of legal services made accessible from the comfort of your own space and provides its users with unrivaled legal guidance and support that specifically caters to your needs enabling exceptional legal expertise to seamlessly reach you, irrespective of your location.
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Frequently Asked Questions
A "virtual law firm" is just a legal office that operates entirely on the web. It is just like a traditional firm but these online law offices are subject to the same regulatory rules. So, you can trust that the legal services you get from them are on the up and up.
Virtual law firms are seriously cool for clients. They focus on giving you a custom experience using online platforms, which can make dealing with a lawyer a breeze. They use stuff like easy-to-use communication platforms for both sides. You usually find this in the form of web chats, video chats and even interactive virtual assistants. Plus, technology helps lawyers work faster. So, you can expect quick delivery times when you work with virtual law firms.
-It's cost-effective!
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With cloud-based platforms, our team can collaborate effortlessly, irrespective of their geographical location. Investing in video conferencing tools, messaging apps, and project management software will not only boost communication but also optimize the workflow processes.
Foster a culture of regular check-ins, virtual meetings, and video conferences to ensure our team is always up-to-date. Leverage instant messaging platforms such as Slack for swift, real-time questions and updates.Here's an idea - setting up dedicated channels for specific cases or practice areas.This will keep your discussions on point.1
