RAHUL KATARIA
Gurugram
Summary
Lawyer with over 3.5 years of experience in the NBFC sector, currently working as Assistant Manager - Retail Loan Recovery at Sammaan Capital, with extensive hands-on experience in secured lending, SARFAESI enforcement, insolvency filings, arbitration, and recovery litigation. Adept at managing end-to-end recovery processes for Loan Against Property (LAP) and other secured retail loan portfolios.
Overview
7
7
years of post-secondary education
4
4
years of professional experience
Work History
Assistant Manager - Retail Loan Recovery
Sammaan Capital Ltd.
Gurugram
08.2022 - Current
- Drafting and issuance of demand notices under Section 13(2) and possession notices under Section 13(4) of the SARFAESI Act, 2002 for secured retail loans, primarily Loan Against Property (LAP);
- Preparation, filing, and follow-up of applications under Section 14 of the SARFAESI Act before the District Magistrate for taking physical possession of secured assets.
- Coordinating with local police authorities and district administration to obtain physical possession of secured properties;
- Managing physical possession proceedings, including inventory preparation and handover documentation.
- Drafting and issuing arbitrator appointment notices and assisting in arbitration proceedings relating to recovery of secured dues;
- Drafting and handling notices and proceedings under Section 138 of the Negotiable Instruments Act, 1881;
- Managing matters involving procedural lapses, mis-handling, and regulatory compliance issues during recovery and enforcement actions;
- Gained extensive experience in secured retail loan recovery operations, enhancing knowledge of industry practices.
- Acquired hands-on experience coordinating with district-level enforcement agencies and police for asset recovery.
- Demonstrated fluency in both English and Hindi, enabling effective communication with diverse clients.
Education
LL.M. -
Kurukshetra University
06.2020 - 01.2022
LL.B. -
Geeta Institute of Law
Panipat 06.2015 - 08.2018
B.A. - Programme
University of Delhi
Satyawati College 08.2012 - 01.2015
Skills
- NBFC Regulatory and Recovery Framework
- SARFAESI Enforcement and Physical Possession
- Loan Against Property (LAP) Recovery
- ARC Coordination and Debt Assignment
- IBC Claim Filings (Operational & Financial Creditors)
- Arbitration and Negotiable Instruments Act Proceedings
- Inter-departmental Liaison and Compliance Management
Additional Information
Strong exposure to secured retail loan recovery operations;, Practical experience with district-level enforcement and police coordination;, Fluent in English and Hindi.
Work Profile
Sammaan Capital Ltd., Assistant Manager - Retail Loan Recovery, Gurugram, Haryana, 08/01/22, Present, Drafting and issuance of demand notices under Section 13(2) and possession notices under Section 13(4) of the SARFAESI Act, 2002 for secured retail loans, primarily Loan Against Property (LAP);, Preparation, filing, and follow-up of applications under Section 14 of the SARFAESI Act before the District Magistrate for taking physical possession of secured assets;, Handling pre-SARFAESI intimation notices and end-to-end documentation for enforcement proceedings;, Coordinating with local police authorities and district administration to obtain physical possession of secured properties;, Managing physical possession proceedings, including inventory preparation and handover documentation;, Liaising with Asset Reconstruction Companies (ARCs) where bad debt loan accounts are assigned, including documentation, coordination, and follow-up;, Filing Form C under the Insolvency and Bankruptcy Code, 2016 for creditor claims in cases involving loan exposure below INR 50 crores;, Drafting and issuing arbitrator appointment notices and assisting in arbitration proceedings relating to recovery of secured dues;, Drafting and handling notices and proceedings under Section 138 of the Negotiable Instruments Act, 1881;, Liaising with internal departments including Collections, Credit, Operations, and Risk for recovery strategy, compliance, and execution;, Managing matters involving procedural lapses, mis-handling, and regulatory compliance issues during recovery and enforcement actions;, Coordinating with external advocates for DRT, district court, and recovery-related litigation.
Timeline
Assistant Manager - Retail Loan Recovery
Sammaan Capital Ltd.
08.2022 - Current
LL.M. -
Kurukshetra University
06.2020 - 01.2022
LL.B. -
Geeta Institute of Law
06.2015 - 08.2018
B.A. - Programme
University of Delhi
08.2012 - 01.2015