Legal- Stressed Assets

2 weeks ago

Mumbai Maharashtra, India V-Konnect Associates Full time

To provide legal advice in connection with all litigations both filed by or against the Bank at various forums including but not limited to DRT DRAT Civil Criminal Court High Court Supreme Court and Consumer Courts To provide assistance in recovery of financial assistance granted by the Bank to various borrowers Handling litigation both filed by or against the Bank at various forums including but not limited to DRT DRAT Civil Criminal Court High Court Supreme Court Consumer Fora Preparing strategy for recovery restructuring of stress loans Management of stressed loan assets with average ticket size of minimum Rs 50 Crore and above Drafting and vetting of plaints written statements affidavits interim application petitions in respect of cases filed by and against the Bank Ensuring timely reply to all Legal notices and Show Cause notices received from various regulatory statutory authorities Drafting and issuing various legal notices and replies thereto including notices under SARFAESI Act loan recall pledge guarantee invocation willful chronic defaulter threat notices etc Preparing updating litigation manual SARFAESI manual related process etc of the Bank Coordinating with external lawyers for filing and preparation of plaints complaints written statements affidavits etc Drafting and review of loan security and related transaction documents pertaining to stressed loans Undertake research and study of legal problems arising in connection with the restructuring transaction advice on the restructuring and regulatory implications of the transaction Liaising with regulatory statutory authority officers of banks FIs Key Skills Legal Litigation Stressed Assets Location Mumbai Required Experience 2-6 yrs Positions 1 Contact Person Mamta Chauhan Email ID mamta chauhan v-konnect com

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