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Legal Resolution – SARFAESI & Recovery for a BANK in Delhi

Keywords / Skills : SARFAESI, recovery, DRT, Securitisation, Reconstruction, Legal Resolution

6 - 12 years
Posted: 2019-04-22

Banking/Accounting/Financial Services
Banking, Insurance & Financial Services
Legal Manager - General
Legal Advisor
Legal Consultant/ Solicitor
Legal Services - Manager
Bachelors of Law (BL
7.00 - 14.00 lacs
Posted On
22nd Apr 2019
Job Ref code
Legal Resolution â€"
SARFAESI & Recovery
Job Description

• To handle Recovery related cases pertaining to North Region and to initiate legal action for all such cases ;

• Should have ability to lead and coordinate with Advocates and Recovery Team ;

• Drafting and issuance of legal notices, counter replies, filing of plaints, applications, petitions before various Courts for recovering Bank’s dues ;

• Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, etc. ;

• Coordination with all Panel Lawyers to ensure Timely Filing of Legal Cases against Borrower and Guarantors and timely follow up and attending on each hearing ;

• Execution and Service of Different Types of Warrants and Liaison with Law Enforcement agencies like Police /Administration and Judiciary for representation of Bank ;

• Perusing formalities for taking Possession and to Auction it under the SARFAESI Act ;

• To represent bank before various courts in conducting legal cases and to save the interest of the bank in all respects ;

• To defend criminal complaints before Police station and all consumer cases if filed against the bank ;

• To follow up customers for early resolution of the accounts and achieve given collection targets ;

• Maintenance and periodic updating of different types of MIS reporting in close follow up of Team Members ;

• Provides Legal opinions to various departments in order to guide them for smooth functioning ;

• Highlighting the legal risk which the Bank will have to face in any decision involving day to day functioning or taking any stand in a particular case relating to the company ;

• Getting updated with the latest legal developments in the securities law and other laws which are related to the field.

Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest

About Company

The Code- "Legal Resolution – SARFAESI & Recovery"
• Location – Delhi
• Present Salary/CTC (Fixed+ Variables)
• Scanned Photo -
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Legal Resolution – SARFAESI & Recovery for a BANK in Delhi
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