Banks were never so serious in their efforts to ensure timely recovery and consequent reduction of Non-Performing Assets (NPAs) as they are today. It is important to remember that recovery management, be of fresh loans or old loans, is central to NPA management. This management process needs to start at the loan initiating stage itself. Effective management of recovery and Non-Performing Assets comprise two pronged strategy. First relates to arresting of the defaults and creation of NPA thereof and the second is to handling of loan delinquencies. The tenets of financial sector reforms were revolutionary which created a sense of urgency in the minds of staff of bank and gave them a message that either they perform or perish. The prudential norm has forced the bank to look into the asset quality.
Undertaking all activities related to company (limited and public) and representative office establishment, and assisting entities to obtain and renew all investment, business, tax, capital importation and industry specific licences and approvals
Registering foreign contractors with concession projects
Advising on government licensing regulations and requirements
Advising on business plans as part of the company registration process
Advising on regulatory matters, and financing, liability and exit considerations
Preparing corporate governance documents including Share Certificates and Shareholder Register Books, Director Register Books and complex Articles of Association