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SURFACES Section, Zonal Office South, 4th FloorPrestige Terraces, 5/1Union Street, Off Infantry Road, BANGALORE 560001. Phone:08046778000 Phone/Fax:08046778080/90 Email: RRS.bang jkbmail.com AUCTION

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Who needs sarfaesi section zonal office?

01

Borrowers who have defaulted on their loan payments and are at risk of having their assets seized by the bank.

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Financial institutions and banks that need to initiate the Sarfaesi Act process to recover their unpaid dues from borrowers.

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Real estate developers or companies that have mortgaged their properties with banks and need to communicate with the Sarfaesi section zonal office for any related issues.

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Individuals or parties interested in purchasing properties or assets that have been put up for auction by the Sarfaesi section zonal office.

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Lawyers or legal advisors representing either borrowers or financial institutions involved in Sarfaesi cases may need to interact with the zonal office.

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What is sarfaesi section zonal office?

SARFAESI Section Zonal Office is the regional office that deals with matters related to the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act.

Who is required to file sarfaesi section zonal office?

Financial institutions and banks are required to file SARFAESI Section Zonal Office in case of non-payment of dues by the borrower.

How to fill out sarfaesi section zonal office?

To fill out SARFAESI Section Zonal Office, the financial institution needs to provide details of the defaulting borrower, the outstanding amount, details of the security interest, etc.

What is the purpose of sarfaesi section zonal office?

The purpose of SARFAESI Section Zonal Office is to facilitate the enforcement of security interest by financial institutions in cases of loan default.

What information must be reported on sarfaesi section zonal office?

The SARFAESI Section Zonal Office must include details of the defaulting borrower, the amount outstanding, details of the security interest, etc.

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