Corporate Manager Legal (Litigation)
- Parinaam Foundation
- 5 - 10 years
- Bengaluru
- 3 years ago
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Job Description
1. JOB SUMMARY
- 1) Proactively engage in reduction of NPA, lessening litigation and enhancing recovery.
- 2) Advise the department about changes in recovery laws in the Country or in any specific State.
- 3) Liaise with Courts, Commercial Courts, Arbitration Tribunals, DRTs, Legal Services Authorities, panel Advocates, empanelled Recovery Agents etc. and ensure their good relationship with the Bank.
- 4) Educate the personnel of the concerned stakeholders on the stage wise proceedings in Courts, Commercial Courts, Arbitration Tribunal, DRTs and Legal Services Authorities. Train them about dos and donts.
- 5) Device suitable strategy on case to case basis, for bringing the litigations (filed by the Bank as well as filed against the Bank) to a logical conclusion.
- 6) Prepare, maintain and periodically update MIS pertaining to litigation portfolio of the Bank.
- 7) Apprise the Board/Management about the progress in recovery through litigation and management of litigation portfolio of the Bank.
- 8) Coordinate for Risk Based Supervision of the Legal Department by Reserve Bank of India and rectification of observations made by Reserve Bank of India.
- 9) Maintain the list of litigations, monitor the progress effectively and advise the panel Advocates/stakeholders regarding further steps to be taken in each matter on the immediate next hearing dates.
- 10) Ensure prompt handling of cases by panel Advocates.
- 11) Ensure that cases filed by the Bank and cases filed against the Bank are not getting adjourned without sufficient cause.
- 12) Managing on-boarding of Advocates in the panel of Advocates of the Bank, monitor performance of the panel Advocates and advise the Head of Legal promptly the instances of non-adherence terms and conditions of empanelment by the Advocates.
- 13) Assist the Regional teams in lodging FIR/complaints before various authorities and give legal support in fraud related matters and instances of staff assault.
- 14) Monitoring, tracking and updating periodically at Corporate Office level and maintaining MIS and records related to Notices issued on the Bank by Statutory Authorities, Regulatory Authorities, Customers and Third Parties.
- 15) Vetting and reviewing the response/ reply (on need basis) prepared by Regional Legal Managers as regards the Notices issued on the Bank by Statutory Authorities, Regulatory Authorities, Customers and Third Parties.
- 16) Drafting Legal Notice/Recall Notice, Notice under Section 138 of Negotiable Instruments Act, Reply Notices/Rejoinders, Versions/Objections etc.
- 17) Monitoring all cases filed against the Bank and cases filed by the Bank, including cases filed under section 138 of Negotiable Instruments Act and criminal cases.
- 18) Obtaining copies of Judgments in a timely manner, after disposal of the case, and advise ensure filing Appeals/Revision/Review, wherever required. Also ensuring timely execution of all Decrees.
- 19) Supporting and coordinating with Credit Collections Team in managing collections and recovery through legal means.
- 20) Support Vigilance department in resolving criminal cases filed by the Bank.
- 21) Invoking the provisions under SARFAESI Act, including taking possession (symbolic/physical) and sale of the secured assets.
- 22) Drafting/vetting/review of all kinds of credit documentation for MSE and Housing, including security documents and all transaction documents for various kinds of fund based and non-fund based as well as secured and unsecured facilities.
- 23) Vetting of Title Scrutiny Reports (TSR) submitted by panel Advocates to confirm that the TSR satisfies the business requirements of the Bank.
- 24) Managing legal issues pertaining to creation/registration of Mortgages, Hypothecation, Pledge etc.
Interested candidates please share your cv to ra********u@uj****n.com
Job Classification
Industry: Banking, Financial Services, BrokingFunctional Area: Legal, Regulatory, Intellectual Property,
Role Category: Other
Role: Other
Employement Type: Full time
Education
Under Graduation: Any Graduate in Any SpecializationPost Graduation: Any Postgraduate in Any Specialization, Post Graduation Not Required
Doctorate: Doctorate Not Required, Any Doctorate in Any Specialization
Contact Details:
Company: Ujjivan Small FinanceLocation(s): Bengaluru
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Keyskills: Litigation
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