Confidential  ·  Structured  ·  Independent

Distressed debt is a
complex problem. With the
right structure, it is a
solvable one.

A structured navigation system for MSME founders facing NPA and financial distress in India. We help you understand your position before anything else.

Understand your situation
₹8.3L Cr
Gross NPA, Indian banking
2.5M+
MSMEs under credit stress
Most
Navigate without guidance
Context

Distress develops through interconnected pressures.

Context matters. The path to NPA is rarely a single decision.

F — 01
Delayed Receivables
When customers delay payment, working capital deteriorates before the books reflect it.
F — 02
Customer Defaults
A single large default cascades through the entire credit structure faster than management can respond.
F — 03
Supply Chain Disruption
Input delays and vendor failures create compounding pressure that doesn't show on ledgers until it is critical.
F — 04
Rising Input Costs
When costs rise faster than pricing power allows, margins erode quietly — masked by revenue continuity.
F — 05
Sector Downturns
Industry-wide demand compression creates risks no individual business decision can fully offset.
F — 06
Working Capital Pressure
A receivable-payable mismatch can trigger insolvency risk even when the business model remains viable.
F — 07
Policy Changes
Abrupt GST or regulatory shifts can alter unit economics overnight with limited notice for adaptation.
F — 08
Macroeconomic Slowdown
Credit tightening and demand withdrawal compress cashflow when reserves are already thinnest.
F — 09
Banking System Rigidity
Recovery timelines and classification processes are designed for institutional efficiency, not MSME reality.
F — 01
Delayed Receivables
When customers delay payment, working capital deteriorates before the books reflect it.
F — 02
Customer Defaults
A single large default cascades through the entire credit structure faster than management can respond.
F — 03
Supply Chain Disruption
Input delays and vendor failures create compounding pressure that doesn't show on ledgers until it is critical.
F — 04
Rising Input Costs
When costs rise faster than pricing power allows, margins erode quietly — masked by revenue continuity.
F — 05
Sector Downturns
Industry-wide demand compression creates risks no individual business decision can fully offset.
F — 06
Working Capital Pressure
A receivable-payable mismatch can trigger insolvency risk even when the business model remains viable.
F — 07
Policy Changes
Abrupt GST or regulatory shifts can alter unit economics overnight with limited notice for adaptation.
F — 08
Macroeconomic Slowdown
Credit tightening and demand withdrawal compress cashflow when reserves are already thinnest.
F — 09
Banking System Rigidity
Recovery timelines and classification processes are designed for institutional efficiency, not MSME reality.
Orientation

This is not a diagnosis. It is a map.

Understanding where you are in the distress cycle is the foundation of every decision that follows.

Stage 01
Pre-NPA Stress
Repayments irregular. Overdrafts routine. Cash cycles short. The bank has not classified yet — but internal pressure is building.
Anxiety · Denial
Stage 02
NPA Classification
90-day default. Account formally classified. Recovery notices arrive. The tone of bank communication shifts sharply.
Shock · Shame
Stage 03
Active Proceedings
SARFAESI. DRT filings. Recovery agents. Legal dimension activated. Most founders here have no structured guidance.
Overwhelm · Confusion
Stage 04
Resolution Pathways
OTS negotiation. Restructuring. Legal challenge. Revival. Structured thinking — not improvised negotiation under duress.
Clarity · Movement
The Process

Structured engagement. At your pace.

No deadlines at this stage. Nothing submitted without your decision.

01
Understand your situation
Read how the NPA landscape works — stages, mechanisms, options. Knowledge before engagement.
02
Share context in your own words
No form to fill. Describe what happened, as much or as little as you are ready to share.
03
Upload documents, gradually
Documents build the picture — not required to begin. Add what you have, when you have it.
04
Receive a preliminary structured understanding
A professional assessment of your stage, key observations, and possible directions. Not a verdict.
05
Choose how to proceed
Consultation, legal action, OTS preparation, or simply time to think. Nothing decided for you.
The Narrative

Your situation is not being reduced to a form.

No checklist. No automated scoring. No judgment based on how you phrase things.

The people reviewing your situation have seen this from every angle — inside banks, inside courtrooms, inside businesses that almost did not survive.

"There's no need to structure this perfectly. Begin where it makes sense to you."
Tell us what happened. Start wherever feels right.
Encrypted · Private · Confidential
Save draft · Continue later
Preliminary Assessment

A preliminary understanding. Not a verdict.

A structured professional memo — observations, gaps, directions. No scores. No ratings.

NPA-2026-DEMO · Preliminary Assessment
Manufacturing Enterprise, Maharashtra
Illustration Only
Probable Stage
Early-to-mid Active Proceedings. SARFAESI likely initiated or imminent. The negotiation window has narrowed but has not closed — an OTS framework remains viable at this stage.
Key Observations
Supply chain disruption combined with a primary customer default suggests the underlying business may retain operational viability — a distinction that matters considerably in any OTS discussion with the lender.
Missing Information
  • Demand notice dates and specific SARFAESI section — establishes legal timeline
  • Original sanction letter and security documents
  • Bank correspondence confirming NPA classification and quantum
  • Any prior OTS discussion or restructuring communication
Suggested Direction
A structured consultation would map the precise negotiation window. Begin document consolidation in parallel — the demand notice and sanction letter define the tactical options available.
Preliminary and illustrative only. Not legal or financial advice. Formal assessment requires full documentation and context review.
The Organisation

Connected expertise. Institutional structure.

Not built around any single advisor. A structured coordination of specialists across every dimension of distress navigation.

01
Turnaround Specialists
Decades of MSME operational experience. They understand what banks respond to — and what founders actually need.
02
Legal Counsel
Specialists in SARFAESI proceedings, DRT litigation, and bank negotiation — from both sides of the table.
03
Restructuring Professionals
Direct experience in OTS negotiations and debt restructuring across Indian lending institutions.
04
Chartered Accountants
Forensic account analysis and the financial documentation required for credible OTS proposals.

"When uncertainty grows and options feel limited, having the right people beside you — who understand both the system and the situation — changes outcomes."

The situation is navigable.
The first step is understanding it.

No commitment. No forms. Begin by understanding where you stand.

Begin a confidential assessment
Resources

Understand the system before you engage it.

Plain-language guides on every dimension of NPA and financial distress in India. Written for founders, not lawyers.

01
NPA Basics · 8 min read
What is NPA in Banking?
How accounts get classified as Non-Performing Assets, what triggers it, what happens after, and what options remain for MSME founders.
Read guide →
02
Legal Mechanisms · 10 min read
What is SARFAESI?
The law banks use to recover secured assets without going to court — step by step process, what it cannot do, and your rights as a borrower.
Read guide →
03
Resolution Pathways · 9 min read
OTS Settlement Explained
What a One Time Settlement is, why banks agree to it, what determines the amount, and what makes a proposal credible enough to succeed.
Read guide →
Begin Confidentially

Describe your situation. We'll respond within 24 hours.

No commitment. No forms to fill perfectly. Write as much or as little as you are ready to share — we will take it from there.

Received. We will review your situation and respond within 24 hours on the email you provided. Everything shared here is treated with strict confidentiality.

Strictly confidential. Your information is never shared with lenders, banks, or third parties without your explicit consent.