Recovery measures in Banking

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Across
  1. 3. Recording of charge or security interest officially.
  2. 5. Central registry for recording security interests on assets.
  3. 6. Request for review of a legal or tribunal decision.
  4. 8. Alternative dispute resolution mechanism outside courts.
  5. 10. Charge or liability attached to a property.
  6. 12. Assessment of market worth of secured asset.
  7. 14. Legal responsibility to repay dues.
  8. 15. Online auction method for sale of assets.
  9. 16. Person assuring repayment if borrower defaults.
  10. 17. Mutual agreement to resolve dues or disputes.
  11. 18. Transfer of interest in property as security for a loan.
Down
  1. 1. Law empowering banks to recover secured loans without court intervention.
  2. 2. Taking control of secured asset by lender.
  3. 4. Authority handling recovery disputes under banking laws.
  4. 7. People’s court for amicable settlement of disputes.
  5. 9. Asset pledged against a loan facility.
  6. 11. Sale process used by banks to recover dues.
  7. 13. Asset or guarantee protecting lender’s interest.