Purpose: 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 defaulting customers. KPI: - 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. - 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. - 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. - Visit to NPA accounts along with the collection team for faster recovery. - To be instrumental in litigations like, Sec 138, Arbitration, SARFAESI, sec 9/17 &amp; other litigation proceedings. Expertise required/ Domain Knowledge: Litigation in SARFAESI, ARBITRATION, Sec 138 and against litigation No. of years of relevant experience: 15-20 years. At least 5 years of experience in SARFAESI law.

Mumbai

Capital First - Legal Head - Collections 

Capital First - Legal Head - Collections  ,Job Description for Capital First - Legal Head - Collections  in Capital First Limited in  Mumbai for (9-20) years of experience. Apply Now!

Job Description for Capital First - Legal Head - Collections  in Capital First Limited in  Mumbai for (9-20) years of experience. Apply Now!