Director at Adelik Business Solutions Private Limited
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Corporate Legal Manager - Bank/NBFC (10-15 yrs)
Total Exp : 10 - 15 Years
Experience : 05 - 10 years of experience as a Legal Professional, out of which at least 4 years should be in Banks/NBFCs.
a) Experience in invoking the provisions under SARFAESI Act, including taking possession (symbolic/physical) and sale of the secured assets.
b) Conducting/monitoring recovery cases filed by the Bank, including action under section 138 of NI Act.
c) Conducting Legal Audit of all eligible loan accounts as per Policy of the Bank and helping in rectifying the discrepancies as observed in the Audit.
d) Support Vigilance department in resolving criminal cases filed by the Bank.
e) Assistance to branches in resolving legal issues pertaining to various business like Affordable Housing/MSE etc.
f) Drafting/vetting/reviewing of all kinds of credit documentation, including security documents and all transaction documents, for various kinds of fund based and non-fund based as well as secured and unsecured facilities.
g) Vetting of Title Scrutiny Reports (TSR) submitted by panel Advocates to confirm that the TSR satisfies the business requirements of the Bank.
h) Managing legal issues pertaining to creation/registration of Mortgages, Hypothecation, Pledge etc.