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Arima

Director at Pplanet HR Services

Last Login: 24 October 2024

Job Views:  
1409
Applications:  238
Recruiter Actions:  90

Posted in

Legal

Job Code

1035172

- Initiating action under SARFAESI Act, 2002, coordinating action u/s 13(4), handling CMM/DM applications, handling auctions.

- Represent the company before Courts, Tribunals, statutory authorities etc.

- Handle court cases such as O.A. or S.A. (DRT)/Civil Suits/ Criminal Cases etc., Briefing counsels and advocates during litigation and other legal proceedings, drafting and finalization of agreements.

- Regular follow up / attend and assist the Advocate for the cases before DRT/High Court or any other authorities including Official Liquidator/BIFR etc.

- Complete responsibility relating to legal compliances and documentary requirements in the Branch.

- Liaisons & negotiations with outside agencies including statutory authorities, carrying out legal due-diligence.

- To implement resolution policies, processes as per companies requirements. To assist the Branch to ensure proper management of accounts to maximize recoveries.

- Assist in overseeing the process of acquisition / disposal of residential / commercial / retail premises and/or repossession of movable assets.

- Support business by analyzing early warning indicators/ instituting appropriate control measures.

- Analysis of the Branch/Region delinquent portfolio. Maintaining MIS and Master Data sheet of the portfolio of all products, prompt updation of Company's software and timely reporting to HO.

- Undertaking such other duties / responsibilities as may be assigned from time to time.

Desired Qualification LLB / LLM

Technical Competencies:

- Thorough understanding of the below Acts/Notifications:

- Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

- CDR / BIFR / SICA

- RBI guidelines on Loans & advances issued to Banks and FIs.

- RBI notifications to ARCs

- Proficiency in MS Office (Word, Excel, PowerPoint)

- Excellent oral and written communication skills

- Strong interest and aptitude for finance and valuation principles

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Posted By

user_img

Arima

Director at Pplanet HR Services

Last Login: 24 October 2024

Job Views:  
1409
Applications:  238
Recruiter Actions:  90

Posted in

Legal

Job Code

1035172

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