Management Trainee/Assistant Manager,Legal, 0 to 2 years in Mumbai

Job Description

• To scrutinize the loan documentation
• To complete due diligence of loan and security documents including title search and other mortgage related aspects
• To inspect the property offered as security
• To draft legal documents including security documents, Loan Agreements, Deed of Mortgage, Memorandum of Entry, Deed of Reconveyance, Deed of Guarantee, Deed of Pledge, Deed of Hypothecation, Escrow Agreements, Bank Guarantees, Memorandum of Understandings, Power of Attorney, Declarations etc.
• Taking Legal actions against defaulting borrowers
• To draft and issue notices u/s 138 of Negotiable Instruments Act, Demand Notices, Recall Notices, Notices u/s 13 (2) of SARFAESI Act, Takeover Notices, Winding up Notices, Replies, Letters, Correspondences etc.
• To draft Possession Notice, Public Auction Notice and getting it published in the newspaper.
• Vetting of Original Applications, Securitization Applications, Company Petitions, Writ Petitions, Suits, Appeals, Revision Applications, Affidavits, Replies, Say, Written Statements.

• To make Pre takeover arrangements, Takeover of security, To prepare panchnama of the procedure of takeover.
• Reviewing from time to time the bank guarantees, security creation, reference letter, claim statement, proof of services, rejoinder, counter and written submission
• Pursuant to shortfall in security drafting, ensuring execution & registration of interim security documentation.
• To Report/Update Charges/Mortgages with Central Registry (CERSAI).
• Registration of mortgage/charge documents with concerned Sub-Registrar/s & RoC.
• Maintain and update legal MIS/Data/ Records/ Register/Files
• Appearance before concerned Court/ authorities for all cases related to SICOM and its employees as and when required or directed.
• Assistance at meetings with concerned Advocate’s, counsels, clients
• Assistance for legal implications of internal policies and procedures.
• Assistance for statutory and legal requirements.
• Assistance for maintain and updating all Legal policy related matters and manual
• Assistance to standardize legal documents, manual, SOPs etc. from time to time
• Attend to audit querie