1. Legal Recovery & Enforcement
- Handle and supervise litigation and recovery matters before DRT, DRAT, NCLT, NCLAT, High Courts, Civil Courts, and other judicial/quasi-judicial forums.
- Drive enforcement actions under the SARFAESI Act including possession, auction, sale, and recovery proceedings.
- Coordinate with empaneled advocates, legal consultants, valuers, and enforcement agencies.
- Review and approve legal notices, pleadings, written statements, appeals, rejoinders, and settlement documentation.
- Monitor ongoing litigation and ensure timely legal actions and compliance with court directives.
2. Resolution & Recovery Management
- Develop and implement resolution strategies for stressed assets and NPA accounts.
- Drive settlements, restructuring proposals, One-Time Settlements (OTS), and enforcement actions.
- Engage with borrowers, guarantors, lenders, resolution applicants, and investors to maximize recoveries.
- Track portfolio performance and recovery milestones against approved business plans.
- Support preparation and execution of recovery action plans for acquired assets.
3. Insolvency & Bankruptcy Matters
- Manage cases under the Insolvency and Bankruptcy Code (IBC).
- Coordinate with Resolution Professionals (RPs), Liquidators, CoC members, and legal counsels.
- Review Resolution Plans, Information Memorandums, and liquidation-related documents.
- Represent ARC interests during CoC meetings and insolvency proceedings.
4. Due Diligence & Asset Acquisition Support
- Conduct legal due diligence of stressed asset portfolios proposed for acquisition.
- Review loan documents, security documents, title reports, and litigation status.
- Identify legal risks and recovery opportunities during acquisition evaluation.
- Provide legal inputs for bid submissions and acquisition proposals.
5. Stakeholder & Relationship Management
- Liaise with banks, financial institutions, borrowers, advocates, regulators, and government authorities.
- Attend borrower meetings, settlement discussions, and legal proceedings.
- Build strong relationships with external legal partners and recovery agencies.
6. Compliance & Governance
- Ensure compliance with RBI guidelines applicable to ARCs.
- Maintain proper legal documentation and case records.
- Monitor regulatory developments affecting ARC operations.
- Support internal and statutory audits relating to legal and recovery matters.
7. MIS & Reporting
- Prepare periodic MIS on recoveries, legal cases, settlements, auctions, and resolution status.
- Present portfolio updates and recovery forecasts to senior management.
- Track key recovery metrics and resolution timelines.
Desired Candidate ProfileQualification
- LLB from a recognized university (LLM preferred).
- Additional qualifications in Insolvency, Banking, Finance, or Recovery Laws will be an advantage.
Experience
- 5–7 years of experience in Legal, Recovery, Resolution, ARC, Banking, NBFC, or Financial Services sectors.
- Strong exposure to:
- SARFAESI Act
- Insolvency & Bankruptcy Code (IBC)
- RDB Act / DRT Proceedings
- Recovery Litigation
- OTS & Resolution Frameworks
- Enforcement and Security Realization
Knowledge & Skills
- Strong understanding of ARC business and distressed asset resolution.
- Excellent drafting and legal interpretation skills.
- Ability to independently handle recovery and legal portfolios.
- Strong negotiation and settlement management capabilities.
- Proficiency in legal MIS and case management.
- Effective stakeholder management and communication skills.
Pay: ₹600,000.00 per year
Work Location: In person
