Collection Manager - TW & PL

12.00 to 20.00 Years Delhi 15 Feb, 2023

Job Location	Delhi
Education	Not Mentioned
Salary	Not Disclosed
Industry	Banking / Financial Services
Functional Area	HRRecruitment
EmploymentType	Full-time

Job Description

Job Purpose :Providing Legal support to Recovery Managers in matters related Legal Vetting of documents, conducting civil and criminal litigations, Defending litigations filed Job Responsibilities :- Ensuring All Legal Notices Issued Under Sarfaesi Act, Rddb Act, Companies Act, Negotiable Instrument Act And Also Matter Related To Derivative Transactions Are Dealt With Appropriately- Ensuring All Replies Issued Against Bank Are Responded Appropriately - Ensuring And Vetting All Cases Filed On Behalf Of Bank For Recovery Of Debts Dealt With Legally.- Vetting Of Applications Under Bankruptcy And Insolvency Act- Legal Vetting Of Various Correspondence With Defaulter- Liaising With External Counsels / Attorneys On Regular Basis. :- Identifying Law Firms - Briefing Complicated Issues With Counsels- Ascertain Banking Experience Of Advocates - Fix Fees Schedule - Ensure That Advocates Were Protecting The Interest Of The Bank By Way Of Appropriate Legal Documentation, Attending The Court, Arguments Etc.- Conducting Periodical Review With The Advocates To Ascertain The Progress Of The Case - To Get Directly Involve With Recovery Managers In Critical / High Value / Stressed Cases : - Attending Conference And Courts To Manage Critical Matters Pending Before Drt/Drat/High Court Etc.- Providing Legal Support To Take Physical Possession, Conducting Auction Etc. - Defending Challenges Initiated By The Borrower And Third Parties Against Sarfaesi Actions- Litigation Against Bank : - Closely Handle The Suits And Proceedings Filed Against The Bank Wherein Monetary Claim Is Involved. - Court Case Portal : - Managing The Same With Recovery Managers And Central Legal Teams- Ascertaining Matters Filed Against Bank And Review Of The Same Periodically- Reconcile Reporting Of Matters Against Bank

Keyskills :
companies actcredit analysis

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Collection Manager - TW & PL

Job Description

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