Legal Notice Agent AI

INVOKED WHEN: the Hard Bucket or NPA Strategy Agent AI determines SARFAESI enforcement is appropriate

• –Reads the account file — sanction and security creation documents, CERSAI registration details, current outstanding, DPD history — and drafts the Section 13(2) demand notice in statutory format: precise outstanding as of notice date, security interest details including CERSAI registration number, the 60-day demand period, and consequences of non-compliance.
• –Identifies documentation gaps before the notice is finalised: Is the CERSAI registration current? Is the security valuation within the 12-month validity period? Have all statutory preconditions been met? Gaps are listed with the specific document or action required to remedy them.
• –Verifies that the notice is addressed to all required parties — primary borrower, co-borrowers, guarantors. A notice that does not reach all required parties is procedurally defective.

INVOKED WHEN: outstanding exceeds Rs 20 lakh and DRT filing is appropriate

• –Assembles the DRT application package: the original application (OA) in prescribed format, supporting documents schedule (loan agreement, security documents, statement of account, default notices, CERSAI registration), and the cause of action statement.
• –Prepares the statement of account in DRT-required format — chronological record from disbursement to filing date, showing every debit and credit and the outstanding balance. The statement must be certified by the authorised officer; this agent produces the draft.
• –Tracks the DRT case through the litigation lifecycle and sends deadline alerts 14 days and 3 days before each hearing date and response deadline.

INVOKED WHEN: a legal notice has been served and the statutory response window is running

• –Tracks statutory timelines for each active notice: the 60-day SARFAESI demand period, DRT notice response period, and court-ordered timelines. Generates alerts 14 days and 3 days before each deadline.
• –Logs all borrower responses — whether within the statutory period, what they proposed, and whether the response triggers a legal response obligation. A SARFAESI representation requires a specific response process; the agent flags and routes to legal counsel immediately.
• –Produces a legal portfolio report for the NPA Strategy Officer AI: all active legal actions by stage, amounts in dispute, expected resolution timelines, and accumulated legal costs per case.