Job Description
Identifying matters for filing 138, SARFASEI and other legal action in consultaion o Handle all legal matters in debt recovery through SERFASEI action o Assist in planning the strategies and procedures to be followed in debt recovery and maintain and prepare legal MIS for the assigned area, RBI MIS while providing quarterly reports on Legal recovery.
o Attend arbitration, section 9, execution, court receiver meetings, court receiver execution and help draft section SERFASEI notices , possession and sale notices, section * application, arbitration claim petition, suit for redemption of mortgage.
o Handle all legal, SARFAESI & compliance matters of the company and co-ordinate with external vendors/agencies for execution of different stage of SARFAESI Act.
o Maintain and safe guard collaterals which are in the company's possession post surrender or repossession after due adherence of norms under SARFAESI Act.
o Co-ordinate with enforcement agencies and local police while taking physical possession of mortgaged property and ensure effective steps are taken in furtherance of the cases to get them resolved within the legal framework as advised.
o Keep abreast of all latest developments/trends in local law/best practices with respect to collections, security creation and loan documentation.
o Attend arbitration, section 9, execution, court receiver meetings, court receiver execution and help draft section SERFASEI notices , possession and sale notices, section * application, arbitration claim petition, suit for redemption of mortgage.
o Handle all legal, SARFAESI & compliance matters of the company and co-ordinate with external vendors/agencies for execution of different stage of SARFAESI Act.
o Maintain and safe guard collaterals which are in the company's possession post surrender or repossession after due adherence of norms under SARFAESI Act.
o Co-ordinate with enforcement agencies and local police while taking physical possession of mortgaged property and ensure effective steps are taken in furtherance of the cases to get them resolved within the legal framework as advised.
o Keep abreast of all latest developments/trends in local law/best practices with respect to collections, security creation and loan documentation.
💡 Quick Summary
Seeking a career-building opportunity? The Officer - Retail Legal & Remedial - Housing - Legal and Remedia position is now open for candidates interested in the Legal Jobs sector. This role in Jaipur 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 Legal Jobs is a plus.
