Vaithisvaran & Company has been handling due diligence assignments in connection with securitisation of retail receivables since 1993 and over the years has carved a niche for itself in this area in India.

 

Typically the due diligence excersise involves :

 

Verification of Loan / HP documents to confirm their adequacy with respect to their enforcement in accordance with the law of the land.
 
  Validation of Cash flows offered for securitisation.  
  Validation of pool Warranties & Terms.  
  Monitoring of Pool Performance on a periodic basis