Litigation Counsel – Collections & Recovery
ROLE: Litigation Counsel - Collections & Recovery
In-house seat to lead recovery litigation across group NBFC entities. The job is maximum rupees collected from defaulting and fraudulent counterparties - not maximum notices served, and not endless legal loops.
WHERE Mumbai. Hearings across NCLT, High Court, tribunals, magistrate / EOW, outstation courts.
REPORTS TO Business leadership. You own the recovery docket. External counsel reports to you.
BOOK ~35 live offensive matters + a small defensive criminal / notice book. Multi-entity, multi-forum.
SUCCESS Cash in. Encashable security. Accounts frozen. Assets attached. Days-to-control. Filings are inputs.
THE WORK
You will design and run multi-forum campaigns on each cluster of defaults: Section 9 interim relief (freeze, disclosure, attachment), Section 11 / 17 arbitration, NCLT admission and CoC strategy, police and EOW complaints, newspaper publication and service, asset tracing, and settlements that only close against security that can be encashed. You will also protect directors on the defensive docket with the same urgency.
You will not be hired to issue legal notices and wait for the next listed date. You create the next event - mention, publication receipt, additional affidavit, Form D, police follow-up, asset-search sprint - and you stand up and argue the hearings that matter.
WHAT YOU HAVE DONE
- 5-10 years of dispute work with a recovery bias. You have personally argued in more than one of: NCLT, High Court (Sec 9 / 11), arbitral tribunal, magistrate or EOW.
- At least one matter where your sequence of moves produced cash in the client’s account or attached / encashable security - not merely an award or an admission order.
- Comfort with the unglamorous work that wins orders: affidavits of service, newspaper originals, vakalatnamas, bank-freeze follow-through, IO visits.
- Judgement on when to settle (only with security) and when settlement is the other side’s delay tactic.
- Ability to run a panel of external counsel to your written brief, and to replace counsel who miss dates or go silent.
- Clear bright line between lawful pressure (court-ordered publication, notices to authorities, asset disclosure) and anything that is defamation, intimidation, or a reckless counter-FIR risk.
WHAT THIS IS NOT
A notice factory. A research seat. A coordinator who outsources thinking to senior counsel and reports dates. A role for someone whose default move is ‘issue a legal notice and file a case.’ If you want a quiet drafting practice, do not apply.
HOW WE WORK WITH YOU
- Authority to brief and replace external counsel within budget; investigator and publication budget from week 1.
- Settlement mandate below a stated threshold; above that, you bring the recommendation, not the paperwork after the deal is done.
- Vakalatnamas and affidavits signed by the company inside 48 hours. One source-of-truth tracker. Weekly 2 hours recovery stand-up.
- Compensation: in-house base plus variable tied to cash collected and enforceable security on named clusters - not to number of filings.
HOW TO APPLY
Send (1) CV and (2) an 8-line note on one matter you ran that produced cash or attached security. Name the forums, the non-obvious move, and the result. Do not send a generic ‘I have handled IBC and arbitration matters’ paragraph. Shortlisted candidates will get a two-page redacted case study before the second conversation.