Details of the Organization
Bank of Maharashtra (abbreviated as BoM) is an Indian public sector bank, based in Pune. It was established in 1935 and nationalised by the Government of India in 1969. It has 2,641 branches, as of June 2025.
Details of the Job/Internship
Bank of Maharashtra invites applications for the position of Senior Legal Manager with 5 years of post-qualification work experience to join them at their office in Pune.
Role and Responsibilities
- Drafting, vetting and verification of documents for various credit facilities, including consortium facilities, vetting and approval of formats of bank guarantees.
- Drafting, vetting and counter vetting of documents/ notices, etc., sent by various panel advocates for approval. Vetting and approval of the lease deed of premises and various other property documents. Project approval, opinion on project approval for financing of individual flat buyers.
- Giving opinions and guidance to branches in matters involving complex legal issues and complications. Advising estate officers in various cases of the Public Premises Act.
- Guidance to branches in all legal matters that involves various facets of Banking. Attending to all legal cases before various courts like DRT, District courts, High court, Supreme Court, various Tribunals etc.,
- Issuing legal notices on behalf of bank and replying legal notices received by the branches and Zonal Office. Assisting the Authorized officer while taking action under SARFAESI Act, i.e. drafting and issuing of SARFAESI notices, reply to objections/representations made by the borrower/guarantor, taking possession, filing of application U/s 14 of SARFAESI Act and its follow-up and put the property on sale/e-auction. Assisting authorised officer in taking action under the SARFAESI Act i.e. SARFAESI notices, possession notices, and sale notices drafted and issued. Uploading the sale notices on various websites.
- Assisting the Central Public Information Officer and Appellate Authority in dealing with applications and appeals received under the Right to Information Act, 2005. Advising branches and Zonal office on premises matters such as drafting lease deeds, renewal of lease deeds and defending eviction cases filed against the Bank. Advising branches and the Zonal office in defending cases against the Bank under the Consumer Protection Act.
- Entrusting the cases to advocates in respect of suits filed by the bank or defended by the Bank, as per the guidelines issued by Head Office from time to time and brief the case. Review the performance of Advocates and submit the review report to H.O. as advised from time to time.
- Act as designated Nodal Officer for DRT and undertake a visit to DRT for monitoring the suit filed cases, Securitisation Application (SA) and keeping liaison with Recovery Officer (RO) & Presiding officer (PO) for expediting the cases, more particularly suit filed cases of Rs. 1.00 Crore and above are to be attended by the Law officer.
- Following up on all suits filed and decreed accounts and assisting the Recovery Officer at DRT for early recovery. Execution of decrees and liaison with Court Receiver /OL, etc. Giving legal Opinion to the branches /Zonal Offices in day-to-day banking and operational problems.
- Assisting branches and Zonal Offices in approving the draft of FIR / Criminal Complaint before Local Police / CBI, etc. and advising in fraud cases.
- Assisting in conducting Lok Adalats, Submitting the SARFAESI monthly & quarterly report, DRT monthly & quarterly report and RTI Quarterly Report to head office in time. Submitting monthly SARFAESI & DRT account-wise details to HO. Punching data and updating data in CR is Mac Legal Software. Maintaining data, updating and submission to the HO account-wise details of matters referred under IBC, 2016 to NCLT. Assisting Zonal Managers in the empanelment of advocates and review of performance of advocates, and submission of report to H.O.
- Monitoring of suit filed and decreed accounts for effective recovery, briefing of cases to advocates, and giving approval of panel valuers for SARFAESI action. Advising branches and Zonal Offices in defending cases against the Bank under the Consumer Protection Act.
- Compliance with international laws wherever applicable.
Eligibility
- Mandatory: Bachelor’s Degree in Law from a University/ Institute with a minimum 55% (50% for SC/ OBC) marks aggregate in all years/semesters recognised by the Government of India or its Regulatory bodies and enrolled as an advocate with the Bar Council of India. Desirable: Master's Degree in Law.
- Minimum 3 years of post-qualification work experience as an Advocate independently or with any Law Firm of good repute before a District Court /High Court / DRT.
- Officer, presently working in Scale I (Deputy Manager) in the Legal Services Department of any Public Sector Bank and having a total experience of not less than 3 years as an officer in the Legal Services Department of any Public Sector Bank.
- Minimum: 22 Years & Maximum: 35 Years.
Salary/Stipend
85920 - 2680/5 - 99320 - 2980/2 - 105280.
Type of Opportunity
Fulltime
Address
LOKMANGAL, 1501, SHIVAJINAGAR, PUNE, Maharashtra, 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.
In case you find any issue with the application process, please contact: [email protected]
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