Distress Assets Specialist Pvt. Ltd.
Alternative Dispute Resolution - Mumbai, Maharashtra, India
Distress Assets Specialist Pvt. Ltd. Employees
Distress Assets Specialist Pvt. Ltd. Details
The slowdown of the Indian economy, a number of companies/projects are under stress. As a result, the Indian banking system has seen increase in NPAs and restructured accounts during the recent years. These levels are expected to be at its record high in coming years.Government of India has recognized the problems of growing NPAs and has planned to come out with various positive measures to bring down NPA levels by encouraging fresh funds in the market. With this the traditional NPA management is now turning into large scale Distress Asset Industry with several players interested in investment opportunities in this space. The market is poised for lot of churning of distress assets to increase overall liquidity in the system.Considering the increasing awareness and size of the Distress Asset Industry, we feel that there is a need for catalyst to bridge the gap between Borrowers, ARCs, Investors and Banking System. We, Team – Distress Assets Specialist, have come together, to form an organization which can play role of an effective catalyst for concluding transactions by which the stressed assets can either be revived or churned and deals can consummated in this ever growing Distress Asset Industry.Our Team at Distress Assets Specialist is formed by group of young professionals having collective experience of more than 30 years in the area of Distress Asset Management under the leadership of Aalok Dave.We have strong Pan – India network comprising of advocates, CAs, security agencies and valuers to accomplish the given tasks across the country.
