Litigation Manager

3 weeks ago

New Delhi, India 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 proceedings - Drafting legal notices , replies & various other legal communications - Knowledge 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 filed - Collaborate 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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