Asset Reconstruction Company (India) Limited (Arcil) India’s first and among the leading asset reconstruction companies in the country is looking to hire an Asst. Manager/Chief Manager (Legal) for their Mumbai / Ahmedabad / Kolkata / Chennai Office.
Initiating action under SARFAESI Act, 2002
Manage litigations like SARFAESI / DRT / IBC
Act as AO & PoA for various court matters
Personal interaction with borrowers and lawyers
To apply for this legal job: Click Here
About the Company:
Set up in 2002, Asset Reconstruction Company (India) Limited (Arcil) India’s first and among the leading asset reconstruction companies in the country. Since its inception, Arcil has resolved over Rs.780 billion worth of Non-Performing Assets (NPAs) acquired from Indian banks and Financial Institutions.
Arcil is sponsored by prominent banks and financial institutions such as Avenue India Resurgence Pte. Ltd., State Bank of India (SBI), IDBI Bank Limited (IDBI), ICICI Bank Limited (ICICI) and Punjab National Bank (PNB). Being a private entity headquartered in Mumbai, Arcil is also an associate member of the Indian Bankers Association.
Having commenced operations to resolve corporate NPAs, Arcil was among the first in the industry to capitalize upon rising NPAs in the retail and SME segment. Arcil forayed into a resolution of retail assets through its division ‘Arms’, which is currently spread across 13 locations in India.