Details of the Organization
Pegasus Assets Reconstruction Pvt. Ltd. is one of the leading and fastest-growing companies in the Asset Reconstruction sector. The organization focuses on the acquisition and resolution of non-performing assets (NPAs) to strengthen the financial ecosystem. With a specialized team of experts, they manage complex recovery processes across major metropolitan hubs in India.
Details of the Job/Internship
Pegasus Assets Reconstruction Pvt. Ltd. is hiring a Legal Associate/Officer with experience of 1–2 years to join their office in Mumbai, Delhi, Bangalore, Chennai, or Kolkata.
Role and Responsibilities
- Assist in the end-to-end SARFAESI process, including issuing 13(2) demand notices and 13(4) possession notices.
- Draft demand notices, replies to borrower queries, and affidavits for court submissions.
- Vet legal documents related to mortgage creation and property title reports.
- Liaise with police stations and District Magistrates (DM) to obtain physical possession of assets under Section 14.
- Maintain accurate Legal MIS reports and case trackers to monitor the status of NPA recoveries.
- Assist in litigation proceedings at the Debt Recovery Tribunal (DRT), consumer forums, and civil courts.
- Coordinate the auction, sale, and liquidation process for secured properties.
Eligibility
- LLB or an equivalent law degree.
- 1–2 years of experience (Freshers and entry-level candidates are encouraged to apply).
- Strong understanding of the SARFAESI Act 2002, RDDB Act, and Transfer of Property Act.
- Familiarity with the NI Act (Section 138) and relevant RBI guidelines.
- Proficient legal drafting skills and analytical aptitude for property-related documentation.
- Willingness to travel and ability to manage tasks under high-pressure deadlines.
Salary/Stipend
Salary details will be finalised during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
Address
Mumbai, Delhi, Bangalore, Chennai, Kolkata.
Application and Registration Details
We are solely providing this information for dissemination and wish to clarify that we are not affiliated with the organization.
After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.
Stay informed about premier legal opportunities daily by joining our exclusive WhatsApp channel: https://whatsapp.com/channel/0029VaVAeN7J3jusbby2Ph33