Enforcement, Asset Recovery & Recovery Support Services for Banks & Financial Institutions
Trusted by leading nationalised banks for possession, recovery, e-auction support, and compliance-driven enforcement services across Odisha.
Enforcement built on compliance, not shortcuts.
ADBST FINSOL Pvt Ltd is a company duly incorporated under the provisions of the Companies Act, carrying on the business of enforcement, asset recovery, and allied recovery support services for Banks and Financial Institutions.
- Constitution
- Private Limited Company
- Incorporated
- 13.03.2021
- PAN
- AAUCA9667Q
- GSTIN
- 21AAUCA9667Q1ZM
Companies Act, 1956 (now governed by the Companies Act, 2013, as applicable)
A complete enforcement lifecycle, under one roof.
We undertake enforcement, possession, recovery assistance, and allied services in strict accordance with the SARFAESI Act, 2002, the Security Interest (Enforcement) Rules, 2002, and applicable RBI guidelines.
Symbolic Possession
Taking symbolic possession of secured assets in accordance with Section 13(4) of the SARFAESI Act, 2002, and the applicable rules.
Symbolic Possession
Taking symbolic possession of secured assets in accordance with Section 13(4) of the SARFAESI Act, 2002, and the applicable rules.
Physical Possession
Taking physical possession of secured assets pursuant to orders passed by the District Magistrate / Chief Metropolitan Magistrate under Section 14 of the SARFAESI Act, 2002, or otherwise as permissible under law.
Liaison & Coordination
Coordination with district administration, police authorities, revenue authorities, municipal authorities, and other government departments for smooth execution of possession and enforcement proceedings.
Preparation & Documentation
Panchnama (Possession Memo), inventory of movable assets, possession notices, photographic and video documentation, compliance reports, and other statutory records required by the bank.
Valuation & Sale Assistance
Coordination with approved valuers, obtaining property details, assisting in publication of sale notices, and completing all pre-auction formalities as instructed by the bank.
E-Auction Support
Conducting and coordinating e-auction activities — site visits, bidder assistance, inspection scheduling, coordination with auction service providers, and post-auction procedural support.
Recovery Follow-up
Negotiations, settlement discussions, recovery visits, and obtaining repayment commitments wherever specifically authorized by the Bank and within the applicable legal framework.
Post-Sale Documentation & Compliance
Assistance in delivery of possession to successful auction purchasers, execution of sale-related documentation, compliance reports, and coordination for registration and mutation.
Execution of Recovery Proceedings
Assistance in execution of Recovery Certificates, DRT orders, court directions, and other statutory recovery proceedings before competent authorities, wherever legally permissible.
Field Investigation & Verification
Borrower tracing, verification of secured assets, occupancy status, encumbrance-related field verification, and submission of factual reports to the bank.
Preservation & Protection of Assets
Arranging security personnel, caretakers, lock-and-key management, asset protection measures, and periodic inspection until disposal or further instructions from the bank.
Regulatory Compliance
All activities carried out strictly in accordance with the SARFAESI Act 2002, the Security Interest (Enforcement) Rules 2002, RBI guidelines, bank policies and judicial directions, with complete confidentiality and professionalism.
Milestones that define our track record.
Since our incorporation in 2021, ADBST FINSOL has built a track record of disciplined, SARFAESI-compliant enforcement across Odisha — trusted by nationalized banks for possession, recovery, and asset protection assignments.
5 Years of Enforcement Excellence
Incorporated on 13.03.2021 as a Private Limited Company under the Companies Act, steadily growing into a professionally managed enforcement agency.
Empanelled with 7 Major Banks
Trusted by State Bank of India, Indian Bank, Canara Bank, Punjab National Bank, Bank of Maharashtra, Union Bank of India, and Bank of India for enforcement assignments.
Presence Across 9 Districts of Odisha
Operational reach spanning Ganjam, Gajapati, Khordha, Kandhamal, Rayagada, Koraput, Nabarangpur, Malkangiri, and Kalahandi.
20-Member Dedicated Team
15 trained field executives and 5 associated professionals/partners, backed by legal coordinators and administrative personnel for every assignment.
Full Regulatory Compliance
Duly registered under the Companies Act with active PAN and GSTIN — every assignment executed strictly per the SARFAESI Act, 2002, RBI guidelines, and the IBA Code of Conduct.
Complete Enforcement Lifecycle Coverage
A 12-point service scope spanning symbolic and physical possession through to e-auction support and execution of recovery proceedings — under one roof.
Managing Director & Directors
K. Saroj Kumar Patro
Managing Director
E. Tophan Subudhi
Director
Ch. Badri Narayan Patro
Director
Key Functionaries
Deepika Patra
K. Sangeeta
Operational presence across Odisha.
The Applicant maintains a dedicated team comprising trained field executives, legal coordinators and administrative personnel for execution of enforcement assignments.
Santhi Nagar, 1st Lane, Haradakhandi Road, Berhampur – 760006, District Ganjam, Odisha
Gandhi Nagar Main Road, Berhampur – 760001, District Ganjam, Odisha
Trusted by leading banks.
Reference letters, work orders or empanelment copies are available and shall be produced as and when required by the Bank.
Get in touch.
For empanelment enquiries, assignment coordination, or any recovery support requirements, reach out to our team directly.
Santhi Nagar, 1st Lane, Haradakhandi Road, Berhampur – 760006, District Ganjam, Odisha