Collection Manager - TW and PL
Published date: 2024/01/10
- Location: ew Delhi, Delhi, India
Providing Legal support to Recovery Managers in matters related Legal Vetting of documents, conducting civil and criminal litigations, Defending litigations filed Job Responsibilities :
• Ensuring All Legal Notices Issued Under Sarfaesi Act, Rddb Act, Companies Act, Negotiable Instrument Act And Also Matter Related To Derivative Transactions Are Dealt With Appropriately
• Ensuring All Replies Issued Against Bank Are Responded Appropriately - Ensuring And Vetting All Cases Filed On Behalf Of Bank For Recovery Of Debts Dealt With Legally.
• Vetting Of Applications Under Bankruptcy And Insolvency Act
• Legal Vetting Of Various Correspondence With Defaulter
• Liaising With External Counsels / Attorneys On Regular Basis. :
• Identifying Law Firms - Briefing Complicated Issues With Counsels
• Ascertain Banking Experience Of Advocates - Fix Fees Schedule - Ensure That Advocates Were Protecting The Interest Of The Bank By Way Of Appropriate Legal Documentation, Attending The Court, Arguments Etc.
• Conducting Periodical Review With The Advocates To Ascertain The Progress Of The Case - To Get Directly Involve With Recovery Managers In Critical / High Value / Stressed Cases : - Attending Conference And Courts To Manage Critical Matters Pending Before Drt/Drat/High Court Etc.
• Providing Legal Support To Take Physical Possession, Conducting Auction Etc. - Defending Challenges Initiated By The Borrower And Third Parties Against Sarfaesi Actions
• Litigation Against Bank : - Closely Handle The Suits And Proceedings Filed Against The Bank Wherein Monetary Claim Is Involved. - Court Case Portal : - Managing The Same With Recovery Managers And Central Legal Teams
• Ascertaining Matters Filed Against Bank And Review Of The Same Periodically
• Reconcile Reporting Of Matters Against Bank
• Ensuring All Legal Notices Issued Under Sarfaesi Act, Rddb Act, Companies Act, Negotiable Instrument Act And Also Matter Related To Derivative Transactions Are Dealt With Appropriately
• Ensuring All Replies Issued Against Bank Are Responded Appropriately - Ensuring And Vetting All Cases Filed On Behalf Of Bank For Recovery Of Debts Dealt With Legally.
• Vetting Of Applications Under Bankruptcy And Insolvency Act
• Legal Vetting Of Various Correspondence With Defaulter
• Liaising With External Counsels / Attorneys On Regular Basis. :
• Identifying Law Firms - Briefing Complicated Issues With Counsels
• Ascertain Banking Experience Of Advocates - Fix Fees Schedule - Ensure That Advocates Were Protecting The Interest Of The Bank By Way Of Appropriate Legal Documentation, Attending The Court, Arguments Etc.
• Conducting Periodical Review With The Advocates To Ascertain The Progress Of The Case - To Get Directly Involve With Recovery Managers In Critical / High Value / Stressed Cases : - Attending Conference And Courts To Manage Critical Matters Pending Before Drt/Drat/High Court Etc.
• Providing Legal Support To Take Physical Possession, Conducting Auction Etc. - Defending Challenges Initiated By The Borrower And Third Parties Against Sarfaesi Actions
• Litigation Against Bank : - Closely Handle The Suits And Proceedings Filed Against The Bank Wherein Monetary Claim Is Involved. - Court Case Portal : - Managing The Same With Recovery Managers And Central Legal Teams
• Ascertaining Matters Filed Against Bank And Review Of The Same Periodically
• Reconcile Reporting Of Matters Against Bank
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