SIDBI invites applications from interested candidates for the following post on a Contractual basis as detailed below.
About SIDBI
The small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of the Indian Parliament acts as the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for the coordination of functions of institutions engaged in similar activities.
About the Opportunity
SIDBI invites applications from interested candidates for the following post on a Contractual basis as detailed below
No. of Vacancies
- Legal Advisor cum General Counsel- 1
- Deputy Legal Advisor cum General Counsel- 2
- Legal Associate cum Counsel- 1
Roles and Responsibilities
Legal Advisor cum General Counsel
- Supervise pan India business operations related to the creation, management & enforcement of interest/charge on securities including mortgages in favour of the Bank.
- Rendering legal opinion on the creation and enforcement of interest/charge on securities including mortgages and other properties related matters specific to the BFSI sector.
- Devising, Standardizing and reviewing the mortgage policy & legal documentation of the Bank to keep it in line with the current / updated legal practices including prevailing State/Regional/Local Stamp Act or Security / Charge registration Acts/procedures across India.
- Supervising/attending the various Court proceedings in security enforcement cases under SARFAESI/DRT/DRAT and also handling matters under the Insolvency and Bankruptcy Code, 2016 before National Company Law Tribunal as well as arbitration proceedings either directly or through advocates.
- Supervising the Sale/Disposal of assets charged to the Bank pertaining to recovery of loan defaults.
- Providing legal advice on policy issues, support and guidance on any legal matters as desired by SIDBI.
- Any other related matter assigned by SIDBI
Deputy Legal Advisor cum General Counsel
- Supervise pan India business operations related to the creation, management & enforcement of interest/charge on securities including mortgages in favour of the Bank.
- Rendering legal opinion on the creation and enforcement of interest/charge on securities including mortgages and other properties related matters specific to the BFSI sector.
- Devising, Standardizing and reviewing the mortgage policy & legal documentation of the Bank to keep it in line with the current / updated legal practices including prevailing State/Regional/Local Stamp Act or Security / Charge registration Acts/procedures across India.
- Supervising/attending the various Court proceedings in security enforcement cases under SARFAESI/DRT/DRAT and also handling matters under the Insolvency and Bankruptcy Code, 2016 before National Company Law Tribunal as well as arbitration proceedings either directly or through advocates.
- Supervising the Sale/Disposal of assets charged to the Bank pertaining to recovery of loan defaults.
- Providing legal advice on policy issues, support and guidance on any legal matters as desired by SIDBI.
- Any other related matter assigned by SIDBI.
Legal Associate cum Counsel
- To assist the Legal team at the regional/local level in discharging legal related work related to cases filed
against the Bank. - To provide Legal opinion appointment of the Advocates and Co-ordination thereafter to manage legal aspects of HR-related court cases pending with various courts/ Forums/ Tribunals/ Authorities.
- Drafting/vetting of including plants/written statements/ petitions/ claims to be filed with various courts/ Forums/ Tribunals/ Authorities.
- Supervision of court cases pending with various courts/Forums/ Tribunals/ Authorities; and vetting of
documents etc. or any other related matter concerning SIDBI. - Monitoring of Court Hearing dates, maintenance of case updates and representing SIDBI in related courts.
- Clearance of Advocate Bills/ Court Fees etc.
- Providing general legal advice on any other matter pertaining to HR
Eligibility Criteria
Degree in law (3 years/ 5 years) from a recognized university in India.
How to Apply?
Duly filled-in application (in English or Hindi), as per the format available on the Bank’s website with a recent passport-size photograph pasted thereon and Curriculum Vitae, bearing the full signature of the candidate across the same with the date, should be sent/forwarded only through email at recruitment@sidbi.in
Application Deadline
February 12, 2023.
Source: Lawctopus
