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Debt Recovery Laws

Debt Recovery Laws

It includes the process and procedure for the recovery of the debts and loans which the borrower or the creditor has taken by way of filing civil suits including recovery suits vis a vis initiating appropriate action under the aegis of the different laws of the land including the Insolvency & Bankruptcy Code of 2016, SARFEASI Act 2002 and other similar legislations including criminal legislations. This further extends and also covers the interests of the borrower or the creditor who is being unnecessarily harassed by the lender without any justifiable reason.