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CSB Bank

Law Officer - Recovery| New Delhi

Reposted 40 Minutes Ago
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In-Office
New Delhi, Delhi, IND
Senior level
In-Office
New Delhi, Delhi, IND
Senior level
Manage legal recovery matters involving suit-filed and decreed accounts, NCLT proceedings, SARFAESI actions, DRT filings, advocates, and borrower interactions. Monitor litigation, maintain court records and MIS, process legal expenses and advocate bills, prepare regulatory returns and approval notes, and support branches with secured-asset possession and recovery activities. The role may also involve branch visits, field and security inspections, and acting as a Branch Head at ARB or Zonal Offices.
The summary above was generated by AI

Interact with branches / offices / panel advocates with regard to the files handled by them.
While posted in ARBs / Zonal Offices, these officers need to adopt the role of a Branch Head and undertake duties relating to asset recovery like meeting / interacting with borrowers, field / security visits, taking symbolic / physical possession of secured assets / support branches in these areas etc.
Achieving the set goals for NPA recovery.

Responsibilities

Follow up & Monitoring of suit filed and decreed accounts.
Follow up & monitoring of accounts pending before NCLTs.
Follow up & monitoring of SARFAESI initiated cases.
Preparation and updation of MIS regarding suit posting in DRT.
Processing of Advocate Bills.
Processing various notes in connection with suit filed/decreed cases, SARFAESI, NCLT and put up for approval of higher authorities.
Timely submission of returns to regulators / committees of board.
Entrustment of cases to advocates, maintenance of court diary / processing and sanctioning of legal expenses.
Monitoring and follow up of cases filed against the bank challenging SARFAESI action / other recovery steps.
Meeting borrowers, advocates, visiting branches, securities etc while the officers are posted at ARB or Zonal Offices.
Taking symbolic / physical possesion of secured assets / provide all legal support to the branches / offices.

Qualifications

Experience Range : 5 to 10 Years

Qualifications : 
BA LLB
LLB



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