Job Description

• To provide legal advice in connection with all litigations, both filed by or against the Bank, at various forums including but not limited to DRT, DRAT, Civil/Criminal Court, High Court, Supreme Court and Consumer Courts.
• To provide assistance in recovery of financial assistance granted by the Bank to various borrowers.

• Handling litigation, both filed by or against the Bank, at various forums including but not limited to DRT, DRAT, Civil/Criminal Court, High Court, Supreme Court, Consumer Fora.
• Preparing strategy for recovery / restructuring of stress loans.
• Management of stressed loan assets with average ticket size of minimum Rs.50 Crore and above.
• Drafting and vetting of plaints, written statements, affidavits, interim application, petitions, in respect of cases filed by and against the Bank.
• Ensuring timely reply to all Legal notices and Show Cause notices received from various regulatory/statutory authorities.
• Drafting and issuing various legal notices and replies thereto including notices under SARFAESI Act, loan recall, pledge/guarantee invocation, willful/chronic defaulter, threat notices etc.
• Preparing/updating litigation manual/SARFAESI manual related process etc. of the Bank.
• Coordinating with external lawyers for filing and preparation of plaints, complaints, written statements, affidavits, etc.
• Drafting and review of loan, security and related transaction documents pertaining to stressed loans.
• Undertake research and study of legal problems arising in connection with the restructuring transaction, advice on the restructuring and regulatory implications of the transaction.
• Liaising with regulatory/statutory authority, officers of banks/FIs.

Key Skills: Legal
Litigation
Stressed Assets
Location: Mumbai
Required Experience: 2-6 yrs
Positions: 1
Contact Person: Mamta Chauhan
Email ID: mamta.chauhan@v-konnect.com

Skills Required