Area Legal Manager

Department Icon BFSI (Operations & Lending)
Posted: 1 week ago
3-5 years
Sasaram
BFSI (Operations & Lending)
work from office
Full Time
Closes 3 Jan 2027

Posted: 1 week ago
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Job Description

Role & responsibilities

  • Send legal notices to the defaulters, NPAs, Bad debts and Disposal loss booked contracts and recovery of the dues
  • Summons and warrants to be served on accused without delay
  • Conduct legal audits in the branches
  • File criminal cases against defaulters
  • File application U/S 9 of the Arbitration and Conciliation Act to attach the property or vehicle of the defaulters
  • File execution petition as and when Arbitration awards received from Head Office
  • Negotiation and settlement with approval from concerned AM/RM/ZM/GM
  • Appointment of retainers and advocates as per requirements
  • File Petition before the Court/Authority to release the vehicle in favour of the company and to dispose the same with permission of the Court/Authority
  • Keep all the details of Unsolvable, bad debt, disposal contracts pertaining to the branches
  • Appearing before the Courts/Forum and update all the hearing dates and send a monthly report to Head Office legal department through MIS

Any other assignment given from time to time


Preferred candidate profile


L.LB + min. 2 yrs of practise + 2 yrs of related industrial experience


Skills

LegalBad DebtNpaArbitrationLitigationManagementDebt

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About Company

Mahindra & Mahindra Financial Services Limited (MMFSL) is a leading Non-Banking Financial Company (NBFC) in India. It offers a wide range of financial services to various customer segments.

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