To provide assistance at branches in day to day affairs such as, queries relating to legal/operational issues, settlement of death/insurance claim and locker issues etc.
Assist in documentation pertaining to secured credit/Microfinance Lending including creation of Mortgages, Hypothecation etc.
Vetting of Lease Deed/Leave and License agreements for Branches and ATMs and assist in execution of the same. Support in renewal of lease deed pertaining to premises/ATMs.
Responsible for managing the relationship with external counsel (including selection, negotiation on fees, engagement (empanelment or otherwise) and monitoring/assessing performance of the panel advocates periodically as per RBI guidelines.
To scrutinize Title Clearance Report, documents taken as securities for the facilities sanctioned (secured loan) and prepare Verification Report suggesting rectification to facilitate disbursement within the prescribed TAT.
Advising the Business/Branches on stamping/registration and execution of security documents.
Vet/review of bank guarantees, counter guarantees, POAs/Indemnity and other legal documents.
Advising HR function relating to employee issues and handling Employee related disputes/cases before ALC/High Courts and other Tribunals.
To assist in Registration process with CERSAI / ROC as per the requirement.
Handling Consumer Court matters filed before DCDRF and SCDRC, advising on defence and recourse to be taken and settling disputes within TAT.
To provide legal support in all litigation filed against the bank and also to assist in litigation filed by the bank.
Vetting written statements, counter statements, appeal memo and other documents to be filed before the Courts/Forums.
To guide internal customers on notices received from any statutory authority, Police or any Court of law.
There were many microfinance institutions active in rural India, but very few served... India’s urban population. To bridge this gap, Ujjivan focused on the urban poor. This is a fast growing segment that is relatively new to India’s microfinance industry. Our surveys and interaction with the urban poor show that they are exposed to enormous contingencies and are required to share their meagre resources with neighbors, friends, relatives and colleagues. Hence, there is a tremendous amount of bonding and affinity among them. We have also found that, contrary to popular belief, the urban poor are a stable population. Therefore, the significant difference between the urban and rural population is the lack of time and availability of space in cities. Read full description