This role is responsible for Initiation and pursuing measures under the provisions of SARFAESI Act.;Drafting Legal Notice/Recall Notice, Notice under Section 138 of Negotiable Instruments Act, Reply Notices/Rejoinders etc.;Drafting/vetting/review of all kinds of credit documentation for MSE and Housing, including security documents and all transaction documents for various kinds of fund based and non-fund based facilities; Monitoring all cases filed against the Bank and cases filed by the Bank, including cases filed under section 138 of Negotiable Instruments Act and criminal cases; Filing Appeals/Revision/Review, wherever required; Proactively involve in reduction of NPA and enhancing recovery by suggesting and following up legal measures including conducting lok Adalat, initiating procedure under sarfaesi Act and filing suits;Supporting Credit and Collections Team in managing collections and recovery through legal means.
SIZE OF THE ROLE
FINANCIAL SIZE: NA
NON-FINANCIAL SIZE: NA
KEY DUTIES RESPONSIBILITIES OF THE ROLE Business
- Assist various business teams of the Region while rolling out their products in adhering to various state laws and assist Product Marketing team.
- Ensure provision of legal advice in framing/ review of contracts and agreements relating to the business operations (especially for Admin Operations Dept.) to protect the bank against any legal exposure and minimize liability.
- Keep a watch on the changes in states laws/Regulations especially relating state stamp act and assess the impact on the Bank and advise the business team accordingly.
- Vettingof Lease Deed/Leave and License agreements for Branches and ATMs and assist in execution of the same. Support in renewal of leased deed pertaining to premises/ATMs.
- Replying to complaints received from stakeholders or notices received from authorities like Tahsildar, District Collector, Enforcement Authorities, Police Dept. etc.
- Advising on settlemen
📌 Legal Counsel (Kolkata)
🏢 Ujjivan Small Finance Bank
📍 Kolkata
Reply to this offer
Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.