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Director at Pplanet HR Services
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Assistant Manager/Manager/Chief Manager - Legal - Retail (5-10 yrs)
- 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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