Job Description
Job Description Job Purpose :
Providing Legal support to Recovery Managers in matters related Legal Vetting of documents, conducting civil and criminal litigations, Defending litigations filed Job Responsibilities :
• Ensuring All Legal Notices Issued Under Sarfaesi Act, Rddb Act, Companies Act, Negotiable Instrument Act And Also Matter Related To Derivative Transactions Are Dealt With Appropriately
• Ensuring All Replies Issued Against Bank Are Responded Appropriately
• Ensuring And Vetting All Cases Filed On Behalf Of Bank For Recovery Of Debts Dealt With Legally.
- Vetting Of Applications Under Bankruptcy And Insolvency Act - Legal Vetting Of Various Correspondence With Defaulter - Liaising With External Counsels /
Attorneys On Regular Basis:
• Identifying Law Firms
• Briefing Complicated Issues With Counsels
• Ascertain Banking Experience Of Advocates
• Fix Fees Schedule
• Ensure That Advocates Were Protecting The Interest Of The Bank By Way Of Appropriate Legal Documentation, Attending The Court, Arguments Etc.
• Conducting Periodical Review With The Advocates To Ascertain The Progress Of The Case
• To Get Directly Involve With Recovery Managers In Critical / High Value / Stressed Cases :
• Attending Conference And Courts To Manage Critical Matters Pending Before Drt/Drat/High Court Etc.
• Providing Legal Support To Take Physical Possession, Conducting Auction Etc.
• Defending Challenges Initiated By The Borrower And Third Parties Against Sarfaesi Actions
• Litigation Against Bank :
• Closely Handle The Suits And Proceedings Filed Against The Bank Wherein Monetary Claim Is Involved.
• Court Case Portal :
• Managing The Same With Recovery Managers And Central Legal Teams
• Ascertaining Matters Filed Against Bank And Review Of The Same Periodically
• Reconcile Reporting Of Matters Against Bank
Providing Legal support to Recovery Managers in matters related Legal Vetting of documents, conducting civil and criminal litigations, Defending litigations filed Job Responsibilities :
• Ensuring All Legal Notices Issued Under Sarfaesi Act, Rddb Act, Companies Act, Negotiable Instrument Act And Also Matter Related To Derivative Transactions Are Dealt With Appropriately
• Ensuring All Replies Issued Against Bank Are Responded Appropriately
• Ensuring And Vetting All Cases Filed On Behalf Of Bank For Recovery Of Debts Dealt With Legally.
- Vetting Of Applications Under Bankruptcy And Insolvency Act - Legal Vetting Of Various Correspondence With Defaulter - Liaising With External Counsels /
Attorneys On Regular Basis:
• Identifying Law Firms
• Briefing Complicated Issues With Counsels
• Ascertain Banking Experience Of Advocates
• Fix Fees Schedule
• Ensure That Advocates Were Protecting The Interest Of The Bank By Way Of Appropriate Legal Documentation, Attending The Court, Arguments Etc.
• Conducting Periodical Review With The Advocates To Ascertain The Progress Of The Case
• To Get Directly Involve With Recovery Managers In Critical / High Value / Stressed Cases :
• Attending Conference And Courts To Manage Critical Matters Pending Before Drt/Drat/High Court Etc.
• Providing Legal Support To Take Physical Possession, Conducting Auction Etc.
• Defending Challenges Initiated By The Borrower And Third Parties Against Sarfaesi Actions
• Litigation Against Bank :
• Closely Handle The Suits And Proceedings Filed Against The Bank Wherein Monetary Claim Is Involved.
• Court Case Portal :
• Managing The Same With Recovery Managers And Central Legal Teams
• Ascertaining Matters Filed Against Bank And Review Of The Same Periodically
• Reconcile Reporting Of Matters Against Bank
💡 Quick Summary
Seeking a career-building opportunity? The Collection Manager position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
