In today’s dynamic economy, many individuals and businesses face financial distress, delayed repayments, or disputes with lenders. Whether it is due to market slowdown, unforeseen losses, or over-financing, loan defaults and insolvency situations require immediate legal intervention to avoid long-term consequences like asset seizure, litigation, or personal liability.
At Pansari Legal Solutions LLP, we provide comprehensive legal support to borrowers, guarantors, directors, and proprietors who are facing loan defaults, bank notices, financial pressure, or insolvency proceedings. Our focus is on resolving, restructuring, or legally defending every financial dispute with precision and care.
Legal Support for Loan Defaulters & Borrowers
If you or your business have received a:
• Loan recall notice from banks or NBFCs;
• SARFAESI Act notice under Section 13(2) or 13(4);
• Demand notice under the Insolvency and Bankruptcy Code (IBC), 2016;
• Auction notice for mortgaged property;
• Summons in a recovery suit or DRT proceedings
You need a strategic legal response immediately. Delay can result in asset attachment, property auction, credit blacklisting, or even bankruptcy admission.
We assist clients with:
• Drafting legal replies to banks/NBFCs;
• Filing appeals before DRT and DRAT;
• Filing writ petitions before High Courts in appropriate cases;
• Negotiating with banks for OTS (One-Time Settlement);
• Representing directors and personal guarantors to avoid personal liability;
• Defending cases filed under NI Act for cheque bounce, or Arbitration proceedings by lenders.
Insolvency & Bankruptcy Matters – IBC Advisory
When default exceeds ₹1 crore (or ₹10 lakh in certain MSME cases), creditors may initiate insolvency proceedings under the IBC, 2016. Many business owners are unaware that even operational creditors, vendors, or NBFCs can initiate CIRP (Corporate Insolvency Resolution Process) without court proceedings.
We represent:
• Corporate debtors (companies) in defending Section 7 or 9 petitions before NCLT;
• Proprietors/Partnerships in contesting wrongful bankruptcy actions;
• Personal guarantors who are being targeted individually under IBC;
• Defaulters seeking time-bound resolution or restructuring of liabilities through legal process.
We also help clients understand their rights under moratorium, defenses under limitation, and explore options of settlement or withdrawal before admission.
Our Role: Legal Protection + Financial Strategy
Every loan dispute is not a fraud—many are genuine business failures or repayment delays. Unfortunately, lenders often act harshly without considering the borrower’s situation. That’s where we step in.
Our role is to:
• Protect your rights under law;
• Prevent coercive actions;
• Use available judgments and statutory remedies to stop misuse of banking powers;
• Provide realistic options to restructure or exit safely.
We have successfully represented clients before DRT, High Courts, NCLT, Arbitration Panels, and in settlement meetings with banks.
Conclusion: Don’t Ignore Loan Notices – Act Legally and Swiftly
If you’re facing loan recovery actions, don’t panic—and don’t ignore them. Every financial dispute can be resolved or defended with the right legal steps. At Pansari Legal Solutions LLP, we ensure that your financial crisis does not become a legal disaster. Whether you're an individual borrower, a small business owner, or a company director—we protect your legal and financial future.
Contact us for expert advice on loan defaults, property seizure, personal guarantee liabilities, and bankruptcy-related proceedings.
Need professional legal advice for a matrimonial dispute?
Contact Pansari Legal Solutions LLP for a consultation. Let us handle the complexity—so you can focus on clarity.
