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Description: PNB Investment Services Limited (PNBISL), incorporated on 2nd of February 2009, is a 100% subsidiary of PunjabNational Bank. PNBISL is registered with SEBI as a Category-I Merchant Bankerto handle all major Merchant Banking Servicesto Corporate, Institutional and Individual clients. PNBISL derives strengthfrom Punjab National Bank which is one of the largestNationalized Bank in the countrywith Pan-India network.
Position: AVP - Legal (Trusteeship)
Experience: 8 Years+
Location: Delhi
About the Role: We are looking for an experienced legal professional to join our Trusteeship team in Mumbai. The ideal candidate will have strong expertise in corporate and banking laws with hands-on experience in drafting, vetting, and compliance.
Key Responsibilities:
JOB DESCRIPTION/ RESPONSIBILITIES:
- In-depth knowledge of banking law & practice, corporate laws (including but limited to Companies Act, Contract Act, Transfer of Property Act, Stamp Act, Registration Act etc.) SEBI Regulations, Insolvency & Bankruptcy Code & NCLT procedures, RDBand SARFAESI Acts, Trustee Business etc.
- Compliance with SEBI Debenture Trustee Regulations and related Laws.
- Drafting/Vetting of finance documents viz. Loan Agreements charge creating documents, , Share Pledge Agreement, Inter Creditor Agreement, Letterceding charge etc.
- Drafting/Vetting of security documents.
- Examining of compliance documents viz. Memorandum of Association and Articles of Association, BoardResolutions, Title Search Reports, RoC Search Reports, CERSAI reports etc.
- Monitoring of charged securities and ensure compliance of financial covenants from time to time.
- Liaison with the Debenture Holders/ Bond holders, Lenders, Borrowers, Lawyers Valuers, etc. for compliance related work and insuring protecting investors' right and lenders' interest.
- Represent the company beforeGovt., Semi-Govt. and Local Authorities.
- Attending consortium meetings, enforcement proceedings etc.
- Monitoring pendency and ensuring creation of stipulated security, ensuring statutory filings within stipulated time, issue holding confirmation letters, ensuring renewal of insurance, ensuring issuance of revival letter by theobligors etc.
- Handling escalations pertaining to post execution formalities.
- Ensure safe custody of documents.
- Litigation/enforcement actions.
Qualification & Experience:
- LLB / LLM from a reputed university (Tier 1 or Tier 2 preferred).
- Minimum 8 years of relevant experience in corporate/legal/trusteeship roles.
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