Assertion: defaulter's right | /r/CapableOf | initiate the process of auctioning
Facets:
value: to recover its dues
type: PURPOSE
Source sentences:
text: If you are still unable to repay your dues, the lender reserves the right to initiate the process of auctioning off your property to recover its dues as allowed by the legal framework of the SARFAESI Act of 2002."Meanwhile, missing your EMIs and becoming a defaulter would also mean that your credit score will fall, which can make your future borrowings difficult.