o Identifying matters for filing 138, SARFASEI and other legal action in consultaion
o Handle all legal matters in debt recovery through SERFASEI action
o Assist in planning the strategies and procedures to be followed in debt recovery and maintain and prepare legal MIS for the assigned area, RBI MIS while providing quarterly reports on Legal recovery.
o Attend arbitration, section 9, execution, court receiver meetings, court receiver execution and help draft section SERFASEI notices , possession and sale notices, section 9 application, arbitration claim petition, suit for redemption of mortgage.
o Handle all legal, SARFAESI & compliance matters of the company and co-ordinate with external vendors/agencies for execution of different stage of SARFAESI Act.
o Maintain and safe guard collaterals which are in the company’s possession post surrender or repossession after due adherence of norms under SARFAESI Act.
o Co-ordinate with enforcement agencies and local police while taking physical possession of mortgaged property and ensure effective steps are taken in furtherance of the cases to get them resolved within the legal framework as advised.
o Keep abreast of all latest developments/trends in local law/best practices with respect to collections, security creation and loan documentation.
Tata Capital Limited is a subsidiary of Tata Sons Limited. The Company is registered with the Reserve Bank of India as a Core Investment Company and offers through itself and its subsidiaries fund and fee-based financial services to its customers, under the Tata Capital brand.
As a trusted and customer-centric, one-stop financial services provider, Tata Capital caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Cleantech Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards. Tata Capital has over 500+ branches spanning all critical markets in India.
