Details of the Organization

Introducing Sammaan Capital Limited ('SCL') formerly known as Indiabulls Housing Finance Limited (IBHFL). Embracing our rich legacy, Sammaan Capital is dedicated to building a more inclusive financial future, where every individual is empowered with accessible and reliable financial services. 

Details of the Job/Internship

Sammaan Capital Limited ('SCL') is hiring for the position of Legal Manager (Sarfaesi) to join their office in Gurugram. 

Role and Responsibilities

Case Classification & Documentation

• Maintain and update a comprehensive list of NPA accounts under Section 13(2).
• Coordinate with the Collections Team to classify cases as workable or non-workable (e.g., cases below ₹20 lakhs, deceased borrowers, etc.).
• Retrieve and print relevant loan documents and prepare case files for processing.

Section 13(2) – Demand Notice

• Draft and review Section 13(2) notices in accordance with SARFAESI Act requirements.
• Manage printing and timely dispatch of notices.
• Coordinate the publication of notices in approved newspapers.
• Collect and maintain postal receipts and track delivery status.
• Secure hard copies of published newspaper advertisements for record-keeping.

Section 13(3A) – Objection Handling

• Receive and log objections raised by borrowers in response to Section 13(2) notices.
• Ensure that objections are addressed and disposed of within the statutory 15-day period.
• Maintain proper documentation of responses and objections.
• Track the status and outcomes of all objections received.

Section 13(4) – Possession Notice

• Issue symbolic possession notices on or after the 61st day from the publication of the 13(2) notice.
• Draft and issue physical possession notices upon request by the Collections Team.
• Coordinate the execution and affixation of possession notices at the property site.
• Ensure publication of possession notices within 7 days of execution.
• Reissue possession notices when requested by the Collections Team or in case of procedural deficiencies.

Tracking & Compliance

• Maintain end-to-end tracking of all notices—drafting, dispatch, publication, objections, and possession.
• Ensure compliance with all statutory timelines and procedural requirements under the SARFAESI Act.
• Provide regular updates to relevant departments and maintain a comprehensive MIS for internal audit and legal purposes.

Salary/Stipend

Compensation details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

Address

Gurugram, Haryana, India

Application and Registration Details

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.

Incase you find any issue with the application process, please contact: [email protected] 

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