Recovery Legal Executive

Department Icon Legal & Regulatory
88+ Applicants
Posted: 2 weeks ago
2-5 years
Mumbai
work from office

Posted: 2 weeks ago
|
Applicants: 88+
Job Description
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Job Description

Responsibilities

  • Handle Business Loan & NPA (Non-Performing Asset) accounts for recovery
  • Identify default loan cases and initiate recovery process
  • Conduct legal search and verification of borrower assets (movable & immovable)
  • Verify and analyze property documents, mortgage papers, loan agreements, and guarantee deeds
  • Perform title search, chain verification, and Encumbrance Certificate (EC) checks
  • Draft and issue legal notices, demand notices, and recovery-related documents
  • Handle matters under SARFAESI Act, 2002, DRT, and basic IBC procedures
  • Coordinate with banks, NBFCs, advocates, recovery agencies, and registration offices
  • Maintain case status reports, legal MIS, and recovery tracking
  • Assist in possession, auction process, valuation reports, and enforcement actions

Key Legal Knowledge Required

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  • Debt Recovery Tribunal (DRT) procedures
  • Insolvency & Bankruptcy Code (IBC) basic knowledge
  • Secured & unsecured loan recovery process
  • Property and mortgage laws

Required Skills

  • Strong understanding of banking and finance laws
  • Expertise in property document verification & asset search
  • Negotiation and coordination abilities
  • Proficiency in MS Word, Excel, and Legal MIS systems

Skills

Legal ManagementEncumbrance CertificateLoan AgreementsMISProperty Document VerificationLegal PlanningRecoveryPropertyAgreementsBanking And FinanceDeedsDrtLegalInsolvencyLegal NoticesNotices

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About Company

I am unable to extract a detailed description from the provided link. Based on general company profiles, Pammvi Group of Companies is likely involved in financial services, possibly including lending, investment, or related activities. Without specific information, it's challenging to provide a more precise description.

Important dates & deadlines?

Application Deadline

30 Mar 26, 03:53 PM IST

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Recovery Legal Executive

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