Legal Executive - DRT & Banking Resolution

3 - 5 years

5 - 7 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role Overview

The Legal Executive will be responsible for managing and assisting in all legal proceedings pertaining to DRT, DRAT, and other recovery forums related to stressed asset resolution. The candidate will coordinate with external counsels, financial institutions, and internal stakeholders to ensure smooth and timely execution of legal actions for asset recovery and enforcement.

Key Responsibilities

  • Draft, review, and file applications, written statements, and rejoinders before

    DRT / DRAT

    and other related authorities.
  • Liaise with advocates, banks, and financial institutions on cases pertaining to

    SARFAESI Act

    ,

    IBC

    , and

    Recovery of Debts and Bankruptcy Act (RDBA)

    .
  • Track ongoing cases, prepare cause lists, maintain case status updates, and ensure timely follow-up with counsels.
  • Assist in documentation for

    asset acquisition, settlement agreements, and enforcement actions

    .
  • Review title documents, loan agreements, and other recovery-related contracts.
  • Coordinate with business and finance teams for compliance with legal and regulatory timelines.
  • Prepare periodic legal MIS, case summaries, and status reports for management review.
  • Handle any other assigned legal work related to NPA resolution and recovery.

Desired Candidate Profile

  • LLB / BL

    from a recognized university (LLM preferred but not mandatory).
  • 3-5 years

    of experience in

    banking recovery / DRT / SARFAESI / IBC

    matters.
  • Prior experience with

    Asset Reconstruction Companies (ARC)

    ,

    Banks

    , or

    NBFCs

    will be an advantage.
  • Sound knowledge of

    Debt Recovery Laws

    ,

    SARFAESI Act

    , and

    IBC framework

    .
  • Strong drafting and communication skills in English.
  • Proactive, organized, and able to work independently with external legal counsels.
  • Must be

    based in Chennai.

Compensation

Role & responsibilities

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Cfm Asset Reconstruction logo
Cfm Asset Reconstruction

Financial Services

New Delhi

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