Legal Resolution – SARFAESI & Recovery for a BANK in Delhi

Legal Resolution – SARFAESI & Recovery for a BANK in Delhi

One March India
Delhi Gurgaon / Gurugram
10 - 15 Years
1010000 - 1500000 INR

Job Description

JOB POSTING: Legal Resolution Manager – Legal – New Delhi
Department : Legal
Role: Legal Resolution Manager
Designation: M6 (Associate Vice President) Reporting to: Vice President
Number of Positions: 1
Location: New Delhi
• To head the Recovery Department for the Delhi, NCR and surrounding States
• To handle the Team responsible for Recovery related cases pertaining to New Delhi, NCR and surrounding 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.

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

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