Contract Bazaar
Website:
contractbazaar.in
Job details:
Company Description
Contract Bazaar is a legal technology company focused on making legal services simple, accessible, and user-friendly for individuals and businesses. Established with the aim of simplifying law for everyone, the company leverages technology to deliver legal solutions anytime, anywhere. Contract Bazaar partners with licensed and experienced attorneys from diverse practice areas to provide reliable and effective legal advice. Its digital-first model emphasizes seamless, fast, and transparent service delivery aligned with the needs of the modern, tech-enabled client.
Role Description
We are hiring a Legal Counsel to drive our recovery litigation portfolio — Section 138 NI Act prosecutions, MSME Samadhaan claims, arbitration, and enforcement against defaulting counterparties. This is a high-volume, deadline-driven role where speed and procedural precision translate directly into recovered money. You'll own cases end-to-end and work closely with Collections, Finance, and the Business teams.
Key Responsibilities
MSME Samadhaan / Delayed Payment Recovery
● File and prosecute delayed payment applications on the MSME Samadhaan portal under Sections 15–18 of the MSMED Act, 2006
● Assess claim eligibility — Udyam registration status, supplier classification, 45-day payment window, and the date the cause of action accrued
● Compute and claim compound interest at three times the RBI bank rate under Section 16
● Represent the company before the MSEFC (Micro & Small Enterprise Facilitation Council) through conciliation and arbitration stages
● Handle the full portal workflow: application filing, document upload, responses to buyer objections, hearing attendance, and follow-through to award
● Pursue enforcement of MSEFC awards; defend against Section 34 challenges and the Section 19 pre-deposit requirement
● Also defend Samadhaan claims filed against the company where we are the buyer — assess exposure and drive settlement
● Advise the business on structuring vendor/customer contracts and payment terms to preserve or limit MSMED exposure
Cheque Bounce (Section 138, Negotiable Instruments Act)
● Draft and issue statutory demand notices within the 30-day limitation window
● File Section 138 complaints before Magistrate courts within the 30-day cause-of-action period
● Manage the full lifecycle: complaint, sworn statement, summons, bailable/non-bailable warrants, evidence, cross-examination, final arguments
● Track limitation dates rigorously across a large docket — no missed deadlines
● Pursue Section 143A interim compensation and Section 148 deposit applications at appellate stage
● Handle compounding, settlements, and withdrawal on payment
Recovery, Arbitration & Enforcement
● File and pursue summary suits under Order XXXVII CPC and regular recovery suits
● Initiate arbitration under contractual clauses; manage arbitrators, hearings, and awards
● Execute decrees and awards — attachment, garnishee, execution petitions
● Evaluate and file Section 9 IBC petitions against corporate defaulters where recovery is viable
● Handle SARFAESI / DRT matters where applicable
● Respond to counter-claims, Section 482 quashing petitions, and defence applications
Portfolio & Stakeholder Management
● Maintain a live case tracker: forum, stage, next date, exposure, recovery probability
● Choose the right forum per file — Samadhaan vs. Section 138 vs. summary suit vs. arbitration — based on speed, cost, and recoverability
● Brief, instruct, and manage panel advocates across jurisdictions; review drafts and control legal spend
● Report recovery numbers, aging, and outcomes to management through clear MIS
● Vet contracts, security documents, and guarantees to close enforceability gaps upstream
Requirements
● LL.B. from a recognised university; enrolment with a State Bar Council (mandatory — appearances required)
● 3–4 years of post-qualification experience in recovery and commercial litigation
● Hands-on experience filing and prosecuting matters on the MSME Samadhaan portal and appearing before MSEFC
● Demonstrable experience with Section 138 NI Act matters at volume
● Working knowledge of the MSMED Act, 2006, CPC, CrPC/BNSS, and the Arbitration & Conciliation Act, 1996
● Strong drafting, limitation-tracking discipline, and the ability to run 100+ active matters without dropping dates
● Comfortable working with online filing portals and case management systems
Nice to Have
● Experience on both sides of MSME delayed payment claims (claimant and respondent)
● Prior experience with an NBFC, bank, fintech lender, manufacturing company, or recovery-focused law firm
● Multi-state litigation exposure and an existing panel advocate network
● Exposure to SARFAESI, DRT, and IBC proceedings
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