Legal Associate

Stellar Insolvency Professionals; Kolkata District; On-site; INR 700,000 - 1,200,000; Full time

Job summary

Stellar Insolvency Professionals is seeking a qualified candidate to support insolvency matters under IBC 2016. The role involves researching IBC provisions, analyzing orders from NCLT/NCLAT/Supreme Court, and assisting the Resolution Professional in CIRP with coordination among CoC members, creditors and other stakeholders.

The ideal candidate will have 2–5 years of experience in insolvency, strong research/drafting abilities, and familiarity with CIRP, liquidation and CoC processes.

Qualifications

• LL.B./LL.M. with 2-5 years of relevant experience in insolvency, corporate law, litigation or professional services.
• Strong knowledge of IBC, 2016, related regulations and insolvency procedures.
• Experience in CIRP, liquidation and voluntary liquidation matters.
• Familiarity with NCLT, NCLAT and Supreme Court orders.
• Strong legal research, drafting and analytical skills.
• Experience with CoC documentation, claims, EOI, IM, RFRP, Resolution Plans and regulatory reports preferred.
• Good stakeholder coordination, documentation skills and attention to detail.

Responsibilities

• Conduct research on the Insolvency and Bankruptcy Code, 2016, and related rules and regulations.
• Research and analyse orders/judgments of NCLT, NCLAT and the Supreme Court relating to insolvency matters.
• Assist the Resolution Professional in conducting CIRP, including coordination with CoC members, Corporate Debtor, creditors, lawyers, valuers and other stakeholders.
• Assist Resolution Applicants with due diligence and evaluation of Resolution Plans.
• Prepare timelines and SOPs for CIRP, liquidation, voluntary liquidation and fast-track insolvency processes.
• Draft notices, agendas and minutes for meetings of the Committee of Creditors.
• Assist in preparation of EOI, Information Memorandum, Evaluation Matrix and RFRP.
• Collate, verify and process claims in accordance with applicable laws and regulations.
• Assist in drafting and reviewing Resolution Plans where required.
• Prepare Preliminary Reports, Asset Memoranda, Progress Reports and other documents required under the applicable Liquidation Regulations.
• Maintain case records, regulatory filings and documentation related to ongoing assignments.

Skills

Legal research

Drafting

Analytical skills

Stakeholder coordination

Documentation

Attention to detail

Education

LL.B./LL.M.

Job description

Role & responsibilities

• Conduct research on the Insolvency and Bankruptcy Code, 2016, and related rules and regulations.
• Research and analyse orders/judgments of NCLT, NCLAT and the Supreme Court relating to insolvency matters.
• Assist the Resolution Professional in conducting CIRP, including coordination with CoC members, Corporate Debtor, creditors, lawyers, valuers and other stakeholders.
• Assist Resolution Applicants with due diligence and evaluation of Resolution Plans.
• Prepare timelines and SOPs for CIRP, liquidation, voluntary liquidation and fast-track insolvency processes.
• Draft notices, agendas and minutes for meetings of the Committee of Creditors.
• Assist in preparation of EOI, Information Memorandum, Evaluation Matrix and RFRP.
• Collate, verify and process claims in accordance with applicable laws and regulations.
• Assist in drafting and reviewing Resolution Plans where required.
• Prepare Preliminary Reports, Asset Memoranda, Progress Reports and other documents required under the applicable Liquidation Regulations.
• Maintain case records, regulatory filings and documentation related to ongoing assignments.

Preferred candidate profile

• LL.B./LL.M. with 2-5 years of relevant experience in insolvency, corporate law, litigation or professional services.
• Strong knowledge of IBC, 2016, related regulations and insolvency procedures.
• Experience in CIRP, liquidation and voluntary liquidation matters.
• Familiarity with NCLT, NCLAT and Supreme Court orders.
• Strong legal research, drafting and analytical skills.
• Experience with CoC documentation, claims, EOI, IM, RFRP, Resolution Plans and regulatory reports preferred.
• Good stakeholder coordination, documentation skills and attention to detail.