Corporate Legal Recovery

5 days ago

Bengaluru Karnataka, India MediBuddy Full time

We are seeking a seasoned legal professional with 5-8 years of experience in litigation, particularly have a robust understanding of recovery litigation strategies, IBC, arbitration, and other legal avenues for recovery. Experience in reviewing and handling commercial contracts is an added advantage. Roles and Responsibilities: End-to-end management of corporate recoveries portfolio especially from those where payments are outstanding by exploring appropriate pre-litigations & litigation opportunities to ensure effective & timely recoveries of outstanding amount. Initiate and pursue legal proceedings under Insolvency & Bankruptcy Code (IBC), Civil Suits, Arbitration, and other legal routes for recovery, if required. Coordinate with external counsel, clients, enforcement agencies and internal stakeholders for effective recovery strategies. Closely working with the account receivables team to gather data and initiate appropriate action for swift recovery. Draft, vet and review legal notices, plaints, affidavits, settlement agreements, arbitration notices and related legal documents. Represent the Company before various forums including NCLT, High Courts, Arbitration Tribunals and Civil Courts, as required. Monitor ongoing litigations, ensure timely filing of responses, evidence, and maintain litigation MIS. Negotiate and structure settlement arrangements with defaulting clients wherever applicable. Provide legal opinion and risk assessment on recovery-related matters and advise business teams accordingly. Assist the team in drafting/reviewing commercial agreements, contracts and MoU’s as and when required. Stay updated on changes in recovery laws, litigation procedures, and regulatory requirements. Education and Skillset: LLB/LLM from a reputed institution. 5-8 years of hands-on experience in recovery litigation, especially involving corporate entities. Sound knowledge of recovery laws: IBC, Contract Act, CPC, Arbitration Act and other relevant legislation. Exposure to handling commercial agreements will be an added advantage. Strong analytical, drafting, and negotiation skills. - Ability to handle multiple cases independently and drive closure in time-bound manner. Excellent communication, coordination, and stakeholder management skills.

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