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18-Jan-2023 To, Ritu Raj C-403 BASAI-50 Atrium Ramaprastha City Sector-37D Gurgaon Haryana GURGAON 122006 Haryana 9643383996 ARC/12203325

1. Yes Bank Limited had previously sanctioned various credit facilities to Ritu Raj as listed in Annexure 1. 2. Pursuant to an Assignment Agreement dated December 16, 2022, Yes Bank Limited has assigned and transferred Ritu Raj's loans and all amounts owed under the financing documents to J.C. Flowers Asset Reconstruction Private Limited. 3. Ritu Raj is advised to now approach and deal directly with J.C. Flowers Asset Reconstruction Private Limited regarding the loans at their Mumbai office address and email provided.

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98 views2 pages

18-Jan-2023 To, Ritu Raj C-403 BASAI-50 Atrium Ramaprastha City Sector-37D Gurgaon Haryana GURGAON 122006 Haryana 9643383996 ARC/12203325

1. Yes Bank Limited had previously sanctioned various credit facilities to Ritu Raj as listed in Annexure 1. 2. Pursuant to an Assignment Agreement dated December 16, 2022, Yes Bank Limited has assigned and transferred Ritu Raj's loans and all amounts owed under the financing documents to J.C. Flowers Asset Reconstruction Private Limited. 3. Ritu Raj is advised to now approach and deal directly with J.C. Flowers Asset Reconstruction Private Limited regarding the loans at their Mumbai office address and email provided.

Uploaded by

nkbvaluer
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ARC/12203325

18-Jan-2023
To,
RITU RAJ
C-403 BASAI-50
ATRIUM RAMAPRASTHA
CITY SECTOR-37D
GURGAON HARYANA
GURGAON 122006
HARYANA
9643383996

Sub: Assignment of outstanding credit facilities sanctioned by Yes Bank Limited (“YBL”)
in favour of JC Flowers Asset Reconstruction Private Limited (acting in its capacity as trustee of
Trust) (“JCF ARC”).

Dear Sir /Madam,

1. We refer to the various credit facilities sanctioned to RITU RAJ (the “Borrower”) as
mentioned in Annexure 1 hereto (“Loans”) by YBL under the relevant financing documents
(the “Financing Documents”).

2. We write to inform you that, pursuant to the execution of Assignment Agreement dated
December 16, 2022 between YBL and JCF ARC (“Assignment Agreement”), we have
absolutely assigned and transferred, unto and in favour of JCF ARC, the Loans and all the
amounts due and monies stipulated in or payable under the Financing Documents by the
Borrower to YBL, together with all underlying security interests (including pledges,
undertakings and/or guarantees thereto), and our rights, title and interests (of whatsoever
nature) in relation to the same.

3. You are hereby advised to hereafter approach/ deal directly with the JCF ARC in all respects
in connection with or related to the Loans at the below mentioned address:

J. C. Flowers Asset Reconstruction Private Limited


12th Floor, Crompton Greaves House, Dr. Annie Besant Road,
Worli, Mumbai – 400 030

Email address: retailcommunication@[Link]

This is for your information and records.

Yours faithfully,

For Yes Bank Limited

Authorized Signatory

Copy to:
J. C. Flowers Asset Reconstruction Private Limited

This is system generated letter, hence No signature required


Page 1 of 2
Annexure 1

Details of credit facilities and outstanding amounts

Details of outstanding dues payable by the Borrower as on November 30, 2022 is given below:

Loans Outstanding Amount (Rs.)


AFH000300498679 2,362,010.00
Total 2,362,010.00

Page 2 of 2

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