Libertatem Magazine

Job Post: Legal Operations – Collections Recovery at Udaan, Bangalore

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Job Description:

Udaan is a Business-to-Business (B2B) ecommerce platform, designed to solve core trade problems for small, medium and large businesses across India. It is the largest such national distribution platform of its kind enabling retailers and businesses to source merchandise from manufacturers, brands, white labels, importers etc. on a single platform. Udaan brings to users the power of technology to grow their business. The Udaan group has a registered NBFC within its fold. It is a highly differentiated credit business, uniquely positioned to address the large, unorganized and underserved segment in MSME lending.

Department: Risk & Compliance Operations

Open Positions: 1

Skills Required: Litigation and Non-Litigation, NI Act, SARFAESI ACT, Sec 138

Job Responsibilities:

  • Initiating proceedings for payments and settlement
  • Defending cases filed against the organization by drafting written statements/objections/oppositions etc.
  • Handling Arbitration Proceedings
  • Drafting complaints, petitions, etc. for quick movement of cases and responses to notices received
  • Advisory to the Debt Management/Collections team
  • Identifying Vendors to stabilize Cost of operations and ensuring regular & timely payments
  • Liaising with different teams in case of any Dispute/ Fraud/reconciliation error post-initiation of any legal action

Functional Competencies:

Technical Knowledge:

Handling Arbitration Proceedings such as filing application under Sec 17 for interim relief and enforcement of award under Sec 36 to effect recovery

Initiating proceedings under Sec 138 of NI Act 1881 and Sec. 25 of Payment & Settlement Act 2007

Provisions of SARFAESI Act 2002 starting from issuance of 13.2 notice till registration of sale certificate

Strong knowledge of (New)Consumer Protection Act/Contract Act/Limitation Act/Transfer of Property Act/Cr.P.C/IPC/CPC etc

IBC Act Rules and Regulations

Drafting Skills: Drafting of complaints/petitions/complaints etc. for quick movement of cases.

Stakeholder Management: Maintaining healthy relationship with advocates and administrative departments of various courts/forums/tribunals

Candidate Profile:

Law Graduate with 5-10 years of work experience in the field of Litigation for Banks/NBFC/Other Financial Institutions

Must have practised before courts & corporate exposure would be preferred

Should have experience in organizing Lok Adalat, Mediations and Conciliation camps in a cost-effective manner

Must have excellent drafting and communication skills

Should be proficient in MS Office Tools

Location: Bangalore, Karnataka, India

Posted On: 01-Dec-2020

Education/Qualification: LLB

Desirable Skills: Recovery cases, Handling of Arbitration and Litigation cases

Years Of Exp: 5 to 10 Years

Designation: Legal Operations – Collections Recovery

Click here to apply

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