Lawsikho

Deadline Open Deadline

Location Bengaluru, Karnataka

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

Details of the Organization

The GM Infinite group was established primarily as contracting company in the year 1962 and is being successfully and professionally managed by Mr.Gulam Mustafa, a second-generation technocrat. The Group has since then completed numerous projects both in Government and the private sector. The activities were mainly concentrated in the states of Karnataka, Tamilnadu, and Andhra Pradesh in India. The management of the group has excellent academic records and vast experience in the execution of dynamic projects.

Details of the Job/Internship

GM Infinite Dwelling (India) Pvt. Ltd is hiring for the position of Vice President of Legal Process to join their office in Banglore.

Role and Responsibilities

Play the role of a key influencer in industry interest groups, enabling the company to have a say in shaping government policies with respect to real estate.
Provide legal support to leadership in policy formulation for the company.
Develop guidelines to manage contracts effectively to minimize the company's exposure to claims and litigation.
Build rapport and develop sustainable relationships with landowners to aid in further property acquisition from or through them.
Build and maintain relationships with recognized external advocates from a long-term perspective to ensure cost-effective and preferential services for the company.
Survey the environment to keep abreast of changes in the regulatory framework, legal formalities, and compliances pertaining to the real estate industry; provide inputs to the top management to capitalize on emerging opportunities and trends.
Provide functional guidance to ensure standardization of legal practices; act as the final authority on all decisions with respect to legal matters across the organization.
Coordinate with government and regulatory authorities to obtain sanctions and licenses.
Keep track of existing laws and changes to laws governing urban and rural land development. Help the leadership in capitalizing on any emerging opportunities for the benefit of the organization.
Guide the leadership in interpreting local by-laws and rules while entering into any land deal.
Review, negotiate, and finalize documents (MOU, Joint Development Agreement, Lease Deed, Sales Deed, Space Sharing Agreement, Agreement to Sell, Agreement to Build, etc.) from a legal perspective, ensuring minimal/no risk to the company.
Resolve any contractual issues that arise while working with clients, JV partners, sub-contractors, contract employees, vendors, service providers, etc.
Work closely with bankers to obtain project approvals by providing the required documentation support; coordinate with the marketing department for additional documentation (if required).
Identify and empanel external legal counsels and consultants for various jobs as and when required.
Work closely with external advocates to finalize pleadings to be filed before the relevant courts; provide necessary guidance to managers to present the evidence before the court.
Evaluate land records and conduct thorough due diligence for all deals and transactions; highlight concern areas/gaps and recommend risk mitigation strategies/options.
Work closely with the liaison department to ensure timely completion of the conversion process/land usage and Khatha transfer and other related activities.
Drive circulation of information/legal updates (latest amendments, gazette notifications, government orders, etc.) to all concerned departments/employees in the company to ensure that everybody is well informed.
Lead the development of a mechanism to check and counter-check adherence to legal/statutory compliances across all the departments and regions.
Lead the development of a database of landowners, advocates, and project-specific details (residential, commercial, and retail); continuously update the same.
Track and foresee impending legal risks and develop timely interventions to prevent business loss.
Ensure timely and efficient coordination with business partners to gain clarity on all issues of disputes and policy interpretation.
Provide timely support to internal departments on all legal-related matters; standardize the protocols for legal support and control processes across the company.
Minimize penalties due to oversight/errors in legal and compliance matters pertaining to land acquisition.
Minimize monetary losses due to project delays resulting from pending litigation.

Eligibility

Applicants must hold a Master's degree in Law (LL.M) with a specialization in Business Law or a closely related field.
They should have 15-20 years of professional experience, including at least 5 years in the legal function within the real estate industry, and a minimum of 7 years of recent work experience specifically in real estate.