Senior Manager (Litigations & Compliance)
Fullerton India Credit Company Ltd.
Total years of experience :18 years, 9 Months
- Handling litigations legal for South India; taking care of against litigations (consumer cases, civil cases, labour Cases, criminal cases filed by the customers & repo issues); sending 13(2) & 13(4) notices and pasting 13(2) & 13(4) under SARFAESI Act and Managing paper publications.
- Responsible for filling Sec.14 petition before CMM and magistrate courts & taking possession of houses through Sec.14 of SARFAESI Act and till the sale proceedings. Initiating legal action against the defaulters customers like Sec.9 cases, Sec.138 cases, EP, writ petitions.
- Managing the Commercial Contracts Functions. Checking legal documents & drafting legal/ corporate due diligence reports. Drafting & vetting legal notices, complaints, opinion, affidavit, rejoinder, agreements, deeds, written statements, petitions, appeals, affidavits, etc. for legal proceedings.
- Handling DRT and SARFAECI cases in housing loans and handling notice management for housing loan case; handling re-active and pro-active litigations for all products.
- Effectively reviewing and training the team to achieve the targets; field visit with the team members.
- Handling MIS related to pay out & other details of empanelled advocate with us & empanelling new counsel in fresh locations; guiding in all legal matter with effective communication leadership and problem solving skills.
- Conducting LOK ADALAT & conciliation / Settlement camps.
- Maintaining sustained contact with legal professionals and government officials for initiating and follow-ups on legal procedures and finalising various legal agreements.
• Spearheading a wide gamut of activities encompassing;
- Handling litigations legal for South India; taking care of against litigations (consumer cases, civil cases, labour Cases, criminal cases filed by the customers & repo issues); sending 13(2) & 13(4) notices and pasting 13(2) & 13(4) under SARFAESI Act and Managing paper publications.
- Responsible for filling Sec.14 petition before CMM and magistrate courts & taking possession of houses through Sec.14 of SARFAESI Act and till the sale proceedings. Initiating legal action against the defaulters customers like Sec.9 cases, Sec.138 cases, EP, writ petitions.
- Managing the Commercial Contracts Functions. Checking legal documents & drafting legal/ corporate due diligence reports. Drafting & vetting legal notices, complaints, opinion, affidavit, rejoinder, agreements, deeds, written statements, petitions, appeals, affidavits, etc. for legal proceedings.
- Handling DRT and SARFAECI cases in housing loans and handling notice management for housing loan case; handling re-active and pro-active litigations for all products.
- Effectively reviewing and training the team to achieve the targets; field visit with the team members.
- Handling MIS related to pay out & other details of empanelled advocate with us & empanelling new counsel in fresh locations; guiding in all legal matter with effective communication leadership and problem solving skills.
- Conducting LOK ADALAT & conciliation / Settlement camps.
- Maintaining sustained contact with legal professionals and government officials for initiating and follow-ups on legal procedures and finalising various legal agreements.
• Looked after various undertakings including handling NAP & writ-off vehicle loans recovery.
• Directed a team of 14 peoples including 3 Area Legal Managers; involved in setting targets & evaluating the achievements; reviewing and training the team to achieve the targets; also field visit with the team members; station visits on behalf of company in case of any issues raises.
• Maintained the quality of portfolio within budgeted parameters thereby attaining the delinquency and net bad debt targets.
• Evaluated the workable & non-workable cases in the allocation time; non-workable cases were focused by case to case for better solution before month end.
• Accountable for taking legal initiative against defaulters by Arbitration award & Filling EP; initiated legal action against the defaulters customers like filling police complaints, Sec.9 cases, Sec.138 cases, writ petitions for NPA customers.
• Handled against litigations (consumer cases, civil cases, labour cases, criminal cases filed by the customers & repo issues); conducted Lok Adalat & conciliation / settlement.
• Responsible for managing MIS’s related to pay out & other details of empanelled advocate with us & empanelling new counsel in fresh locations.
• Handled various activities viz. re-active & pro-active litigations for all products; DRT & SARFAECI cases in housing loans and handled notice management for housing loan case; against litigations (civil cases, labour cases, criminal cases filed by the customers & repo issues); loss on sale recoveries & NPA customers.
• Responsible for sending 13(2) & 13(4) notices & pasting 13(2)& 13(4) under SARFAESI Act & managing paper publications; filling Sec.14 petition before CMM & magistrate courts & taking possession of houses through Sec.14 of SARFAESI Act and till the sale proceedings; legal notice to the customer in vernacular language & sending reply notices.
• Involved in planning contingencies 7 creating back up plan; reviewing critical portfolio and working in coordination with Managers; filling police complaints against the default customers.
• Conducted Lok Adalat & conciliation / settlement camps; filling EP against loss on sale customers through arbitration award. Initiated legal action against the defaulters customers like Sec.9 cases, Sec.138 cases, EP, writ petitions.
• Accountable for reviewing and training the team to achieve the targets; field visits along with collection team
• Maintained data base related to pay out & other details of empanelled advocate with us & empanelling new counsel in fresh locations.
• Scrutinized the workable & non-workable cases in the allocation time; non-workable cases are focused by case to case for better solution before month end.
• Accountable for handling re-active and pro-active litigations for all products; initiating legal action against the defaulters customers like Sec.9 cases, Sec.138 cases, EP, writ petitions; handled against litigations (civil cases, labour cases, criminal cases filed by the customers & repo issues) and loss on sale recoveries & NPA customers.
• Responsible for planning contingencies & creating back up plan; reviewing critical portfolio and working in coordination with Managers; filling police complaints against the default customers.
• Involved in reviewing and training the team to achieve the targets; field visits along with collection team.
• Handled various activities including sending legal notice to the customer in vernacular language & sending reply notices; conducting Lok Adalat & conciliation / settlement camps; filling EP against loss on sale customers through arbitration award.
• Effectively maintained data base related to pay out & other details of empanelled advocate with us & empanelling new counsel in fresh locations
• Analysed workable and non-workable cases in the allocation time; non-workable cases were focused by case to case for better solution before month end.
Advocate
• Effectively handled pro-active litigations in commercial vehicles & passengers cars; handled loss on sale recoveries & NPA customers.
• Involved in planning contingencies & creating back up plan; reviewing critical portfolio and working in coordination with Managers.
• Responsible for setting collection target & reviewing collection team; efficiently trained the team to achieve the targets.
• Accountable for police complaints filling against the default customers; conducted field visits along with collection SH, ABH and BM’s for LOSS ON SALE & NPA Customers.
• Handled against litigations (consumer cases, civil cases, labour cases, criminal cases filed by the customers & repo issues); initiated legal action against the defaulters customers like Sec.9 cases, Sec.138 cases, writ petitions; sent legal notice to the customer in vernacular language & sending reply notices.
• Conducted LOK ADALAT & conciliation / Settlement camps; filed EP against loss on sale customers through arbitration award. Managed the collections process for Personal Car & Commercial vehicle loans portfolio of the company.
• Maintained data base related to pay out & other details of empanelled advocate with us & empanelling new counsel in fresh locations; maintained quality of portfolio within budgeted parameters thereby attaining the delinquency and Net Bad Debt targets.
• Evaluated workable and non-workable cases in the allocation time; non-workable cases are focused by case to case for better solution before month end.
• Reduced the flow rate for bucket 6 to NPA Bucket 7 & Bucket 11 / 11+ & RSC collections.
• Responsible for handling 11 branch collections and legal issues with a team of 10 Collection Managers, 10 Credit Verification Officers, 1 Legal Supervisor, 10 Field executives, 80 Collection Executives, 6 Deviation Track Executives and 5 Local Banking Officers; led a team of soft-bucket collection executives & NPA collection.
• Looked after the collection of housing, 2 wheeler loans, car loans, personal loans, refinance contract segments; handled DRT and SARFAECI cases in housing loans and notice management for housing loan case.
• Accountable for taking possession of houses through Sec.14 of SARFAESI Act. Handled customer & DCR / DCS updating.
• Directed & imparted training to the team to achieve targets; setting targets and also evaluating the achievements; involved in field visit with team members. Station visits on behalf of company in case of any issues raises.
• Handled legal initiative against defaulters by arbitration award & filling EP; initiated legal action against the defaulters customers like filling police complaints, Sec.9 cases, Sec.138 cases, writ petitions for NPA customers; against litigations (Consumer cases, civil cases, labour Cases, criminal cases filed by the customers & Repo Issues)
• Involved in managing MIS’s related to pay out & other details of empanelled Advocate with us & empanelling new counsel in fresh locations; conducted LOK ADALAT & conciliation / settlement.
Manager - Collection & Field Verification
I have done my law in regular course & I have taken the optional subject of Bank Corruptsy.