The Chairman of our Group companies is Mr. C.Jabagurunathan. He has an art of Liaisoning with state and central government IAS, IPS, Government secretaries and having liaison network for the past three decades. Above all he is maintaining high profile / relationship with the Revenue Department Officials,/ collectors and the top police officials etc,. He encashed the network and having the company empanelled by many nationalized banks, utilized network for the bank in respect of speedy recovery and as a result the job was made easy for the bankers and many banks are benefited.

We would like to inform that our team of staff are engaged seeing the daily paper advertisement on property being auctioned by various banks, more particularly empanelled FIs. We have set of HNW prospective buyers who are briefed and taken for inspection to assess the values of properties by authorized Valuers and to take them to banks for participating in the auction for successful bidding.
It is not out of place to mention here that we had many SUCCESSFUL EVENTS which are mentioned in the proposal for your kind information.

• Head Office : Salem – Address: No: 9/130 Kanchi Nagar , Seelnaickenpatti ,Salem – 636201.
• Corporate Office : 81-A, Ramalinga Madalayam Street, Trichy Main Road, Gugai, Salem – 636006.
• We have offices at different centers mentioned herein under headed by professionally well qualified executives.

M/S. Gifts Consultancy India Pvt Ltd – ARD Division established in 2004. The services being provided are as under

• Recovery collection agent.- will assist officials for recovery and independently also involve our team for following up with borrowers for remitting the amount directly to Bank/ FIs.
• Recovery enforcement agency. To assist officials to take possession of the secured assets under SARFAESIA.
• Arranging for Taking possession under SARFAESI ACT of the secured assets of the bank by involving revenue Department and police officials for smooth completion of the event.
• Our team will assist banks/ FIs to bring prospective buyers to take part in auction of properties.
• Our team will engage in follow up with Borrowers / Guarantors/ Mortgagers for early recovery of bank/ FIs dues.
• Advisor to authorized officer of the empanelled banks.
• To take effective and immediate steps in Dealing with honorable courts for filing CJM on behalf of the banks.
• Our team & company empanelled Advocates will co-ordinate with Legal advisers of the Bank / FIs with prior permission to resolve the legal matters .
• Company has vehicle valuers to guide for seizure vehicles.

The following are the strategy adopted for helping the bankers FIs to recover the bank dues.

• We are the recovery campaign specialist, organizing the camps (at the cluster of NPA borrowers.)
• Fast ingetting CJM orders with our proven liaison.
• With the help of revenue officials, arranging for taking possession of the secured assets made easy.
• Disposal of the assets through auction by identifying the prospective buyers.
• Extending hands to the borrowers in arranging funds , if borrowers desire , for settling the NPA accounts.
• We have HNW (High Net Worth) customers, through them we will succeed in arranging for participating in the auctions to buy NPA accounts collaterals.
• We arrange and negotiate for OTS settlement of the accounts IF BANKS/ FIs agrees for the same.

• Identification of the assets and informing the Banks/ FIs
• Tracing of whereabouts of NPA borrowers / Guarantors
• Find out the means/ securities of the borrowers/ Guarantors
• Assisting AOs for Sale notice issuance, affixing, paper publication and get acknowledged.
• Producing documentary evidences to Banks/ FIs to submit in the Hon’ble Courts.
• Executing effective steps for recovery post judgment.