5 Cirp Jobs

The Client Engagement Manager at our Insolvency Professional Entity (IPE) plays a crucial role in managing B2B relationships, liaising with corporate clients, and facilitating the client onboarding process. As the primary point of contact for B2B clients, you will build and maintain strong relationships with company promoters, legal teams, and CXOs of distressed or interested entities. Your responsibilities will include identifying potential clients, understanding their insolvency or restructuring needs, collecting and reviewing relevant company data, and proposing suitable IBC-led solutions through meetings and presentations. You will collaborate closely with our legal and financial teams to structure proposals in compliance with regulatory norms. The ideal candidate will possess strong interpersonal and communication skills, a deep understanding of B2B sales or corporate services, and knowledge of the Insolvency & Bankruptcy Code (IBC) and Liquidation processes. Additionally, you should be adept at conducting corporate-level discussions, negotiation, and demonstrate a high degree of professionalism in client interactions. The role may require travel for client meetings and industry events. The successful candidate will hold a Graduate/Postgraduate degree in any field, with a preference for Business Administration, Finance, or related disciplines. A minimum of 2 years of relevant experience is required. In return, we offer a dynamic work environment focused on high-impact cases and opportunities to collaborate with reputed stakeholders. Competitive remuneration and performance-based incentives are part of the package. If you are a proactive and client-focused professional with a passion for client relationship management and business development, we invite you to join our team and contribute to our mission-driven work environment.,

Taking Legal actions against defaulting borrowers To draft and issue notices u/s 138 of Negotiable Instruments Act, Demand Notices, Recall Notices, Notices u/s 13 (2) of SARFAESI Act, Takeover Notices, Winding up Notices, Replies, Letters, Correspondences etc. Initiating action in the Corporate Insolvency Resolution Process (CIRP) process for recovery of loans out of NPA cases. To draft Possession Notice, Public Auction Notice and getting it published in the newspaper. Vetting of Original Applications, Securitization Applications, Company Petitions, Writ Petitions, Suits, Appeals, Revision Applications, Affidavits, Replies, Say, Written Statements, etc. To draft & scrutinize the loan documentation including security documents as well loan closure documents To Report/Update Charges/Mortgages with RoC and the Central Registry (CERSAI). Registration of mortgage/charge documents with concerned Sub-Registrar/s & RoC. Maintain and update legal MIS/Data/ Records/ Register/Files Appearance before concerned Court/ authorities for all cases related to SICOM, its subsidiaries and its employees as and when required or directed. Assistance for statutory and legal requirements.

Assist in assessing NPA accounts to evaluate exposure, security, and operational status Support execution of recovery actions including SARFAESI/SFC Act proceedings and CIRP cases via NCLT. Conduct follow-ups with borrowers/promoters through correspondence and visits. Assist in asset seizure, disposal processes, and drafting necessary legal and administrative documents. Coordinate with legal advisors for issuing notices, filing suits, and managing documentation. Follow up with Resolution Professionals, COC, and lenders in insolvency matters. Maintain and update MIS, recovery trackers, and documentation for internal and external reporting. Support preparation of proposals for OTS, restructuring, and asset sales. Facilitate post-recovery formalities including documentation and securities release.

To analyse/study all Non-Performing Asset (NPA) cases with respect to exposure, security, status of existing operation, any other issues and devise recovery strategy. To conceptualize and implement recovery strategies through various actions including legal actions such takeover of properties under SARFAESI/SFC act and other actions such as CIRP process through NCLT for recovery of loans out of NPA cases. To oversee and manage the recovery out of NPA cases by way of follow up with companies/promoters through meeting/ correspondence, visit to the units/company offices and through various legal actions including takeover /disposal of assets /one time settlement / restructuring of the dues and other legal actions including suit against company/ guarantors, criminal complaints, wilful defaulter proceedings etc. Takeover and disposal of assets under SARFAESI/SFC act. Handling of NCLT cases involving submissions of claims, co-ordination and follow up with Resolution professionals/COC/other lenders, attending Creditors meetings, study of resolution plans /deciding on stand on various voting matter and voting on the resolution plan, submissions of plans to management etc . Co-ordination and follow up with advocates/solicitor firms for various legal actions including filing of suits/CMM applications, vetting of plaints/replies, furnishing information, formulation of our view to be presented at the hearing etc. Co-ordination with Statutory Auditors, Internal Auditors, RBI Auditors, Advocates, Property Consultants, Valuers, Security Agencies, Government agencies, police etc. including submissions of information required by them. Review of legal matters/legal actions of all cases with advocate and legal team from time to time. Preparation and submissions of MIS information/status reports/ATR to Audit Committee/ Recovery Committee/ Board of Directors from time to time. Submission of proposals for OTS/ Sale of assets to the Board/Recovery Committee, Communication of approval to parties and monitoring/follow up for recovery. Post Recovery work including execution of legal documents/sale certificate/ release of securities and issuance of no dues certificates.

Job description Job Title: Legal Associate Insolvency & Bankruptcy (KOLKATA) Location: Kolkata Job Type: Full-Time Male candidates preferred , domiciled in KOLKATA About the Role: We are seeking a dynamic and detail-oriented Legal Associate to join our team, assisting in insolvency and liquidation processes. This is a non-litigation, process-driven role offering hands-on experience in Corporate Insolvency Resolution Process (CIRP) and Liquidation . The selected candidate will work closely with the Insolvency Professional in managing distressed assets, compliance, and regulatory filings. Key Responsibilities: Assist the Insolvency Professional in managing CIRP and Liquidation cases. Verify and assess claims submitted by creditors. Take control and custody of assets, ensuring due process compliance. Coordinate with valuers for asset valuation. Organize and manage Committee of Creditors (CoC) and Stakeholders Consultation Committee (SCC) meetings , including preparing notices and minutes. Draft Information Memorandum and Auction Documents for distressed asset sales. Evaluate Resolution Plans submitted under CIRP. Facilitate auctions of assets in liquidation, ensuring compliance with regulations. Liaise with advocates and legal counsels for case filings and defense strategies. Ensure timely submission of compliance reports with the Insolvency and Bankruptcy Board of India (IBBI) . Travel for outstation assignments as required to assist the RP/Liquidator. Undertake any additional responsibilities as assigned by the team leader. Candidate Profile: Qualification: B.Com + LLB or Company Secretary (CS) Freshers can apply . Experience: Candidates with prior experience in an Insolvency Professional Entity (IPE) in a similar role will be preferred. (Higher salary range: 35,000 to 45,000 for experienced candidates). Skills & Attributes: Strong interpersonal and communication skills . High sense of responsibility and accountability . Ability to work within strict timelines . Willingness to travel for work-related assignments. Additional Requirements: Male candidates preferred , domiciled in KOLKATA