Litigation Manager

4 weeks ago

Mumbai Maharashtra India, Maharashtra Hiranandani Financial Services Full time

Role & responsibilities :Implementing recovery objectives, managing legal processes, and fostering relationships with legal entities.Follow the legal recovery strategy and assist collections teams to enhance regional recovery efforts.Implement recovery objectives for active cases and maintain up-to-date legal MIS regularly.Maintaining proper tracker of the cases filed by the company against various legal proceedingsDrafting legal notices , replies & various other legal communicationsKnowledge on various litigation procedures like : SARFAESI , SEC-138 , Arbitration , executions & civil/criminal cases .Customer visits for stressed / chronic borrowers for legal recovery , execution of Sec14 required.To appear before the courts , tribunals to defend the cases which are filedCollaborate with law enforcement and courts to ensure timely payment of dues in the region.Utilize legal mechanisms, including Section 138 notices, legal notices, Lok Adalat, and conciliation, for effective recovery.Manage the region's lawsuit database and implement new legal tools and procedures.Initiate projects aimed at reducing legal costs in the region.Ensure all case files are well-documented and adhere to established procedures.Maintain positive relationships with solicitors in the region.Address non-performing assets (NPAs) by developing tailored solutions to maximize returns on investment.

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