Manager - Legal - LLB/LLM

Manager Legal (Trusteeship) LLB / LLM : Mumbai location at PNB Investment Services Limited (PNBISL)

Description: PNB Investment Services Limited (PNBISL), incorporated on 2nd of February 2009, is a 100% subsidiary of Punjab National Bank. PNBISL is registered with SEBI as a Category-I Merchant Banker to handle all major Merchant Banking Services to Corporate, Institutional and Individual clients. PNBISL derives strength from Punjab National Bank which is one of the largest Nationalized Bank in the country with Pan-India network.

Position: Deputy Manager/ Manager Legal (Trusteeship)

Experience: 2 Years+

Location: Mumbai

About the Role: We are looking for an experienced legal professional to join our Trusteeship team in Mumbai. The ideal candidate will have strong expertise in corporate and banking laws with hands-on experience in drafting, vetting, and compliance.

Key Responsibilities:

JOB DESCRIPTION/ RESPONSIBILITIES:

- In-depth knowledge of banking law & practice, corporate laws (including but limited to Companies Act, Contract Act, Transfer of Property Act, Stamp Act, Registration Act etc.) SEBI Regulations, Insolvency & Bankruptcy Code & NCLT procedures, RDBand SARFAESI Acts, Trustee Business etc.

- Compliance with SEBI Debenture Trustee Regulations and related Laws.

- Drafting/Vetting of finance documents viz. Loan Agreements charge creating documents, , Share Pledge Agreement, Inter Creditor Agreement, Letterceding charge etc.

- Drafting/Vetting of security documents.

- Examining of compliance documents viz. Memorandum of Association and Articles of Association, BoardResolutions, Title Search Reports, RoC Search Reports, CERSAI reports etc.

- Monitoring of charged securities and ensure compliance of financial covenants from time to time.

- Liaison with the Debenture Holders/ Bond holders, Lenders, Borrowers, Lawyers Valuers, etc. for compliance related work and insuring protecting investors' right and lenders' interest.

- Represent the company beforeGovt., Semi-Govt. and Local Authorities.

- Attending consortium meetings, enforcement proceedings etc.

- Monitoring pendency and ensuring creation of stipulated security, ensuring statutory filings within stipulated time, issue holding confirmation letters, ensuring renewal of insurance, ensuring issuance of revival letter by theobligors etc.

- Handling escalations pertaining to post execution formalities.

- Ensure safe custody of documents.

- Litigation/enforcement actions.

Qualification & Experience:

- LLB / LLM from a reputed university (Tier 1 or Tier 2 preferred).

- Minimum 1 years+ of relevant experience in corporate/legal/trusteeship roles.