Legal Associate

SARFAESI Act Proceedings: Draft and issue notices under section 13(4) of the SARFAESI Act. Coordinate with Phoenix team and take possession of secured assets (symbolic and physical). File applications before the Debt Recovery Tribunal (DRT). Assist in auction and enforcement of security interests. 2. Section 138 of the Negotiable Instruments Act (Cheque Bounce Cases): Draft legal notices to defaulters under Section 138. File complaints before the Magistrate Court. Coordinate with external legal counsel and attend hearings. Track case progress and maintain updates for management.   3. Banking Litigation & Recovery: Represent the bank/NBFC in civil suits, arbitration, and other legal proceedings. Manage litigation before DRT, DRAT, Civil Courts, Criminal Courts, and High Courts. Handle matters related to loan recovery, enforcement of guarantees, fraud, and wilful defaulters. Maintain case records, court dates, and MIS reports on ongoing litigations. 4. External Coordination: Liaise with external advocates and law firms for case updates, strategy, and documentation. Coordinate with internal stakeholders such as credit, recovery, and risk teams. 5. Compliance & Documentation: Ensure all actions are in line with RBI guidelines, SARFAESI procedures, and applicable laws. Prepare board notes, legal opinions, and internal memos on litigation matters. Required Qualifications & Skills: Bachelor’s Degree in Law (LL.B). Master’s in Law (LL.M) is an advantage. Enrolled with the Bar Council of India. 3–7 years of legal experience, preferably in banking, NBFCs, or recovery law firms. In-depth knowledge of SARFAESI Act, NI Act (Sec 138), DRT Act, CPC, CrPC, and RBI norms. Strong drafting, legal research, and analytical skills. Willingness to travel for court hearings or property possession drives. Proficiency in maintaining case MIS, legal dashboards, and internal reporting.