Details of the Organization
Aditya Birla Fashion and Retail Ltd. (ABFRL) stands as India’s first billion-dollar pure-play fashion powerhouse, celebrated for its extensive portfolio of leading fashion brands and innovative retail formats. As of March 31, 2024, we have achieved revenues of approximately ₹13,996 crore. Their operations now span 11.9 million sq. ft. of retail space, cementing our position as a leader in the industry.
Details of the Job/Internship
Aditya Birla Fashion and Retail Ltd. is hiring an Associate Regional Counsel to join them in Bengaluru office.
Role and Responsibilities
- Synergy in leasing and litigation processes between PT and MFL and ensure seamless support to both the businesses
- Resolve issues arising out of legal due diligence of properties proposed to be taken on leases that are escalated by regional legal counsel.
- Registration of Lease - Non-registered lease deeds put the business to high risk and will be construed as month to month tenancy in which case the landlord can evict the tenant (ABFRL) by giving mere 15 days’ notice. The Landlords, especially the Malls do not support in registration process. Further Malls want to partner in our business rather than position themselves as landlords and demand variable commissions. To get lease deeds with revenue sharing models registered is a herculean task. To drive high rate of registrations through regional counsel is also challenge.
- Various issues arise across regions in respect of value violations. Providing time bound legal support in filing police complaints, closure of cases, etc.
Eligibility
- Review of legal risks arising out of Due diligence of properties conducted by external lawyers and recommend approval or rejection of property.
- Negotiation of leases, CAM documents, Renewal of lease, etc.
- Provide SOPs for driving higher % of Registration of leases or any leasing requirement.
- Negotiation of costs with lawyers.
- Prosecute third party or defend MFL in all litigations pan India.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
State
Karnataka
City
Bengaluru
Address
Bengaluru, Karnataka
Application and Registration Details
Once you apply, the next steps in the application process will be sent to you via e-mail.
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Contact: [email protected]