Corporate Legal Recovery

8 years

0 Lacs

Posted:3 days ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking a seasoned legal professional with 5–8 years of experience in litigation, particularly
in corporate recovery matters, to join Legal & Compliance team at MediBuddy. The candidate should have a robust understanding of recovery litigation strategies, IBC, arbitration, and other legal avenues for recovery. Experience in reviewing and handling commercial contracts is an added advantage.

Roles and Responsibilities:
 End-to-end management of corporate recoveries portfolio especially from those where payments are outstanding by exploring appropriate pre-litigations & litigation opportunities to ensure effective & timely recoveries of outstanding amount.  Initiate and pursue legal proceedings under Insolvency & Bankruptcy Code (IBC), Civil Suits, Arbitration, and other legal routes for recovery, if required.  Coordinate with external counsel, clients, enforcement agencies and internal stakeholders for effective recovery strategies.  Closely working with the account receivables team to gather data and initiate appropriate action for swift recovery.  Draft, vet and review legal notices, plaints, affidavits, settlement agreements, arbitration notices and related legal documents.  Represent the Company before various forums including NCLT, High Courts, Arbitration Tribunals and Civil Courts, as required.  Monitor ongoing litigations, ensure timely filing of responses, evidence, and maintain litigation MIS.  Negotiate and structure settlement arrangements with defaulting clients wherever applicable.  Provide legal opinion and risk assessment on recovery-related matters and advise business teams accordingly.  Assist the team in drafting/reviewing commercial agreements, contracts and MoU’s as and when required.  Stay updated on changes in recovery laws, litigation procedures, and regulatory requirements. Education and Skillset:  LLB/LLM from a reputed institution.  5–8 years of hands-on experience in recovery litigation, especially involving corporate entities.  Sound knowledge of recovery laws: IBC, Contract Act, CPC, Arbitration Act and other relevant legislation.  Exposure to handling commercial agreements will be an added advantage.  Strong analytical, drafting, and negotiation skills.

 Ability to handle multiple cases independently and drive closure in time-bound manner.
 Excellent communication, coordination, and stakeholder management skills.

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