Corporate Legal Recovery

6 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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