To manage the recovery litigation under Arbitration and SARFAESI laws and to manage against litigation. To actively engage in identifying and filing suitable legal actions against the default customers.
1) Business & Financial Management To initiate legal proceedings in all NPA accounts qualified under SARFAESI and suggest any other suitable litigation for faster recovery to take the cases at logical conclusion. To Identify and initiate appropriate legal actions in delinquent accounts against borrowers under Arbitration and Conciliation Act 1996 for recovery of dues. Filing Criminal Complaints in qualified cases and take them to logical conclusion. To be integral part of collections to accelerate the collection process. To defend the cases filed against the company including cases under consumer law, labour laws, criminal litigation in different forums, courts tribunals etc. xe2x96xaa Good knowledge in handling- DRT-DRAT-HC-CONSUMER- CRIMINAL CASES. xe2x96xaa Good communication skill & drafting Skill. xe2x96xaa Good command over law needs to do vetting of counters/Replies/objections/versions prepared by the advocate. Identifying and on boarding of effective lawyer panel to support the litigation management. Vendor management (Enforcement agencies/Law firms). Managing cost to ensure the cost budget is not breached. Establishing the litigation processes in the company and ensure compliance of established processes. 2) Portfolio Management Proactive legal strategy for all sticky accounts. Tracking of all legal cases so as to ensure no slippages. Adhere to process flow prescribed in the collection manual. Visitation of NPA accounts along with the collection team for faster recovery
To be instrumental in litigations like, Sec 138, Arbitration, SARFAESI, sec 9/17 & other litigation proceedings. 3) People / Team Effective team player to help the unit/organization to meet the short term and long-term goals. 4) Process / Quality Improvement- 100% adherence to the process. Improvise the current litigation strategy if required Inculcate the best practices by implementing to improve efficiency. Proactive strategy and avoid any reputational risk which may evolve. 5) Decision making authority Describe the authority permitted to take decisions, and those you are expected to recommend