We negotiate Board-approvable One Time Settlement (OTS) proposals with Punjab National Bank, SBI, Punjab & Sind Bank and other lenders active in Punjab — with sanction letter, No Dues Certificate (NDC) and CIBIL/CIC closure as the final deliverable.
This page is for general information. It is not legal, tax or investment advice. Every NPA / SARFAESI / DRT matter is fact-specific — speak to a qualified advisor before acting.
OTS outcomes in Punjab typically settle at 45–65% of the outstanding principal for viable secured exposures, with lower recovery bands for older, doubtful accounts. The exact discount depends on collateral coverage, Punjab National Bank/SBI recovery policy and the age of the NPA. Punjab National Bank and SBI publish periodic non-discretionary OTS windows; Punjab & Sind Bank tends to negotiate case-by-case above ₹1 Cr.
Small NPAs (typically under ₹25 lakh) get sanctioned at the branch; mid-size at the circle-level SARB; exposures above ₹5–10 Cr usually go to Zonal Committee or Board. In Punjab, Punjab National Bank's SARB sits at Chandigarh for larger exposures.
Case A: Ludhiana-based Ludhiana MSME, Punjab National Bank exposure ₹1.8 Cr, NPA since 2022 — OTS approved at 52% (₹94 L) with 25% down and 9-month tail. Case B: Amritsar-based Jalandhar unit, SBI exposure ₹68 L, doubtful — OTS approved at 41% with 100% payment inside 90 days.
Common derailers: unpaid statutory dues (GST/PF/ESIC) that trigger wilful-defaulter examination; ongoing SARFAESI auction that reduces the bank's incentive to settle; wilful-defaulter tag under the July 2024 RBI Master Direction. Our diagnostic flags each of these before we file.
Writ jurisdiction seat.
DRT Chandigarh serves Punjab, Haryana, HP and Chandigarh UT.
Ludhiana cycle & knitwear; Jalandhar sports goods & hand-tools; Amritsar textile; Rice millers (Sangrur-Barnala)
Auction / procedural note. Punjab HC is proactive on farm-loan writs; agri land auctions face frequent stays under Punjab Land Preservation Act.
