Sagar Kumar
Corporate Lawyer
Powai, Mumbai
Summary
Dedicated and accomplished Legal professional with over 11 years of expertise in non-litigation and compliance within the Banking and IT sectors. Adept at navigating complex regulatory landscapes, ensuring legal compliance, and facilitating cross-border transactions. Seeking to leverage a proven track record in legal management to drive excellence.
Overview
12
12
years of professional experience
2
2
Languages
Work History
Assistant Manager
Tata Consultancy Services limited
05.2022 - 09.2023
- Advising and supporting various business teams (for e.g
- Sales, Marketing, Engineering, IT procurement, and HR) in the review, negotiation, and closure of a variety of contracts such as Master Services Agreements, Subcontract, Reseller Agreement, Teaming Agreements, Vendor Agreements, Business Alliance Partner Agreements, Non-disclosure Agreements, Letter of Engagements, Letter of Intent, Statement of Work, Amendment, Addendum, SOW, Change Control Note, Purchase/Work Orders, lease, leave & license, Data Transfer Agreement, Customer contracts, Vendor/Supplier contracts , subcontract, Software licensing agreements, Professional Services Agreements, Cloud Services Agreements, Data Processing Agreement, and all other regular business contracts for UK, EU and India Geography
- Experience in working on public sector tenders / RFP's
- Interact with people from business units, and other functions to obtain approval for non-standard contractual positions
- Demonstrates basic general commercial or functional knowledge across sub discipline within the individual's specialty area(s), (e.g., general corporate law, antitrust/competition law, cloud transactions, data privacy, risk management asset-backed financing, contract management, intellectual property, Copyright , Trademark, advertising law, registration and other resolutions specific to the technology industry)
- Analyze and structure the contracts to ensure compliance to company policy, applicable statutory and regulatory compliances
- Identify opportunities for process improvement and lead efforts required to develop and implement such improvements
- Creating standard templates
- Collaborating with external counsel when required for specific projects
- Development of guidance notes, work instructions and appropriate check-lists, for consistent application across the lifecycle of all contracts in the region and globally.
Legal Manager
Reliance Jio Infocomm Limited
09.2021 - 04.2022
- Drafting and/or reviewing contracts (Which Includes Mobility Service Agreements, Master Service Agreement, Service Level Agreement, Licensing Agreements, Professional Services Agreements, Cloud Services Agreements, Content Agreements, Artist Agreements, Sponsorship Agreements, Procurement Agreements, Distributor Agreements, Digital Marketing Agreements Etc)
- Advising on all contractual issues including on legal issues involving government and regulatory compliance and business undertakings
- Working closely with Customer experience team in handling customer grievances
- Provide legal support in formulating T&C for various business offerings including online offerings and privacy policies
- Review of RFP / Tender (Govt & Private) and provide inputs in consultation with other internal teams including finance, business and regulatory.
Senior Associate Manager
Savex technologies Pvt Ltd
11.2020 - 03.2021
- Vetting, loan documentation like Loan agreements including syndication and consortium documentation
- Security documents like mortgage deeds, pledge agreements, deed of hypothecation, Inter Creditors Agreement, Corporate Guarantee, Personal Guarantee, Bank Guarantees, SBLCs, Account Receivable Purchase Agreement and/or other loans/facility and security documents
- Drafting, vetting, reviewing and standardizing NDA, Distribution Agreement, Reseller Agreement, Commission Sales Agreement, MSA, SLA, SOW, Purchase Order, Consultancy Agreement, Vendor Agreement, Sub Licensing Agreement, Supply Agreement, Letter of Intent, Partner agreement, FTWZ agreement, Warehousing and Logistics Agreement, Cloud Business Distribution Agreement, Master Agent Agreement, Leave And License Agreement , Lease Agreement.
Manager Legal
Federal bank Ltd
07.2019 - 06.2020
- Examining legal issues referred to by various departments of the Bank and opining thereon, Partnering with various departments like IT, HR, Marketing, Operations etc for their vendor engagements and third-party tie-ups
- Drafting, Vetting, Restructuring and Reviewing variety of contracts related to lending transaction products such as various Facility Agreements, Assignment Deed, Hypothecation, Pledge Agreements, Escrow Agreements, Bank guarantees, LAP documentation, Master Rent Agreement, Novation, Mortgage Deed, DSA Agreements, Collection Agreements, Referral Agreements, Sale of Receivables Agreements, Personal Guarantees, POA, Memo of deposit of title deeds, Affidavits, Channel Financing Agreement, Purchase Finance Agreements, Various Indemnity Bond, Undertakings, Outsourcing /Service Provider Agreements, Asset purchase Agreement, Marketing Agreement, Master Services Agreement, Data Protection Agreements, Software License and Software Escrow Agreements, Leave & License Agreements, Various Addendums, Supplemental Loan documents, NDAs, Consultancy Agreements, Corporate Agency Agreements, Payment Gateway Solution Agreements, Business Correspondent Agreements, MoUs, LOI etc
- Also involved in negotiating agreements pertaining to Derivatives transaction(like ISDA agreement, CSA, MRPA, F&O Agreement, Global Master Repurchase Agreement, FX platform agreement etc.), investigation of title in respect of immovable properties mortgaged to the Bank, examining title reports prepared by the advocates and commenting on the acceptability of title, handling issues pertaining to employee relations / industrial relations, handling cases before courts/tribunals/ forums filed against the Bank including briefing advocate / senior advocate, attending a court hearing, drafting & settling pleadings
- Advise the Bank on all corporate and banking issues
- Evolving, drafting, and implementing departmental policies, processes and procedures
- Identifying potential lending / legal risks and working out risk mitigation measures
- Undertaking legal audit of executed documents
- Streamlining the legal activities and functioning within the department.
Senior Manager Legal
Kotak Mahindra Prime Ltd
Mumbai
11.2018 - 03.2019
- Drafting, designing and structuring of loan documents along with other financing documents for various Financial Products offered by Kotak Mahindra Prime i.e
- Loan Against Property (LAP), Infrastructure Finance, Inventory Finance, Term Loan, Working capital Loan, Dropdown facility, Consumer Durables, Dealer Finance & Vehicle Finance Etc
- In addition to the above, also involved in providing legal opinions and advice on structural aspects of the transactions along with security creation and perfection and stamp duty rates pertaining to the relevant documents
- Drafting and vetting of various Agreements pertaining to Vendor empanelment, engaging DSAs, Service Provider Agreements pertaining to IT, Admin, HR, Branding etc
- Legal research on various business related queries and structures in order to understand the commercial intent of the transactions
- Have been regularly involved in high stake loan transactions wherein drafting and documentation has been provided within TAT and have got the opportunity to interact with the Key Managerial Personnel and Business and Credit Heads of the Company
- Designed a legal portal for Kotak Mahindra Prime Finance Division which includes various legal articles, updated stamp duty rates (ready reckoner rates), case laws/judgments
- Initiating, strategizing & resolving litigations by issuing/addressing notices, filing the same and defending cases
- Interacting, coordinating and briefing external law firms for certain transaction and litigation related queries.
Legal Manager
EpiMoney Pvt Ltd
08.2017 - 04.2018
- Non-Litigation: Performing an advisory role by addressing queries, circulating opinions/notes and keeping business updated about various developments/amendments in the legal and NBFC sector which might affect business decisions/policies
- Drafting, vetting, reviewing and negotiating various Commercial Agreements (Facility Agreement, Deed of Hypothecation, Personal Guarantee, Bank Guarantee & Corporate Guarantee) Escrow Agreement, API Integration, Supplementary, Addendum and Novation Agreement, Letter of Intent, Non-Disclosure Agreement, MOU, Master Service Agreement, Referral Agreement, Outsourcing Agreement, Service Agreement, Channel Partner Agreement, Marketing Agreement, leave and license Agreements, Board Authorization letter, POA, NOC, Lease Agreement, Consultancy Agreement, Vendor Agreement, Employment Agreement, Employment Termination Agreement
- Maintaining an updated Agreements tracker (Mis)
- Litigation: Initiating, strategizing & resolving litigations by issuing/addressing notices, filing the same and defending cases
- Initiating Arbitration by issuing Arbitration Reference Notice and thereafter getting an award under sec 17 of A&C Act 1996/2015, where arbitration award has been received filing Execution Petition
- Handling, managing and filing cases under Sec.138 Negotiable Instrument Act, 1881 and Section 25 of Payments and Settlements Systems Act, 2007
- Empaneling and Liaising with the Advocates of the company on legal issues and accordingly advising the management on them
- Maintaining updated MIS of the cases
- Compliance: Website compliance, ESOP, Shop and establishment, Grievance Redressal Team setup, Stamp duty compliance, Sexual Harassment Act and Rules – POSH committee set up and compliance, Labor compliances, FIU India compliances, Fair Practice code compliance and other NBFC compliances as per companies act and RBI
- Raised Debt of INR 145 crores for the company from various banks and financial institutions (Handled end to end documentation and compliance).
Assistant Manager
National Stock Exchange
09.2015 - 04.2017
- Mumbai corporate Head Office as, Monitoring Arbitration & IGRP process - To oversee the arbitration & IGRP process followed by regional offices and ensuring adherence to TATs as defined
- Implementation of Arbitration awards and IGRP orders - The oversee and approve the debiting of award/order amounts from the deposits of TMs for awards/orders passed in favor of investors
- Reports to SEBI - Monitoring that monthly, quarterly, half yearly, annual reports related to arbitration matters and IGRP are prepared and sent within prescribed time
- Development - To oversee development of arbitration & IGRP databases as required for improving the efficiency of the processes of arbitration & IGRP as well as development in line with the change in the procedure as per SEBI circulars issued
- IGRP & Arbitration Committee Meetings: To prepare and place the agenda for IGRP & Arbitration Committee meetings on periodic basis, preparation of minutes of the meeting, to prepare and ensure approval of Minutes of the Arbitration & IGRP Committee meetings, to oversee the implementation and compliance of decisions taken by the Committee relating to arbitration, Appointment/ empanelment of new arbitrators to the panel of arbitrators of Exchange etc.
Assistant Manager Legal
SBI Global Factors Ltd
Mumbai
02.2014 - 08.2015
- Development - To oversee development of arbitration & IGRP databases
- Providing legal compliance and MIS report of legal cases pertaining to the requirement of the internal audit team for assessment and for RBI compliances, submission of the monthly , quarterly and yearly audit report to RBI
- Managing proper adherence to legal compliance as per the regulator
- Identification, measurement, and assessment of compliance risk and educating about the same to the branch office
- Liaison with the lawyers of the company on legal issues and accordingly advising the management on them
- Drafting and Vetting of all loan-related documents such as Facility Agreement, Deed of Hypothecation Agreement, Deed of Mortgage, Declaration of Authorized person, Corporate & Personal Guarantee and verification of Title Deeds and valuation report etc
- Handling Consumer Court Matters (All Consumer Complaints filed against banks before SCDRC, advising on best defense and recourse to be taken), and settling disputes out of court in favor of the company
- Advisory on Litigated matters, Handling Recovery suits, Summary trials, Sec 138 NI act, Company winding up Petition against the defaulters
- Drafting and Vetting of Plaints, Written Statements, Rejoinder, Counterclaims etc
- Strategic planning on exploring expeditious recovery and closure of matters filed against the Company.
Legal Officer
Iffco Tokio General Insurance Company Ltd
Gurgaon
02.2013 - 02.2014
- Maintaining data of file and dockets with Legal (CRM)
- Following up with Advocate for hearing details and for all other purposes
- Preparing to statement of account for filing the same in Court, maintaining hearing details in a system and other systems related process like Civil Suit Tracker etc, Processing
- Advocate bills and all other bills related to CRM
- Preparing in-house notices and drafts of notices to be sent through Advocates and also replying to the notices received
- Preparing the first draft of applications/replies/rejoinders etc
- Following up with other departments like technical department accounts dept etc/ Following up with valuer for valuation reports
- And looking after all the other legal matters pertaining to Civil and criminal laws and consumer
Associate
TRANS INDIA LAW ASSOCIATES
02.2012 - 01.2013
- Corporate And IPR LITIGATION), Got placement and started working as a Legal, , handling Consumer matters at different levels in district, state and national level for Reliance, Philips, Mahindra logistics, Tv logistics and Individual Clients, Matters related to sec 138 of NI act dishonor of Cheque, Recovery Suits under order 37 CPC attending Arbitration proceedings and other proceedings at various tribunals for client Yes Bank ,Cholamandalum and Barclays bank etc and all other Civil and Criminal matters
- Preparing, Ws and Evidence By way Of affidavit in various Delhi Session Court and High Courts and other legal works like Due Diligence, Legal Notice, Trade Mark filing and prosecution, drafting & Vetting and Negotiating Master Service Agreements, Transportation Service Agreement, Warehousing Service Agreement, Ecommerce Agreements, Linefeed Agreement, Facilities Agreement, Software Development Agreement, Software License Agreement, Fabrication Agreement, Non-disclosure Agreement, RFQs, Tender documents, Vendor Agreements and other documents and agreements related to the Logistics and Service industry.
Education
B.B.A. LL.B - Corporate Law
06.2007 - 2012.06
GPA: 5.67, Contract Act, Constitutional law, Indian Penal Code, Law of Evidence, Civil procedure Code, Criminal procedure code, Labor law, International law, Company Law, Cyberlaw, Income Tax, IPR, etc.
A Diploma certificate - Business Law
GPA: 59%
A Diploma - undefined
Quarter Final Certificate - undefined
in the Hindustan Times Quiz Contest, 85%
Skills
Drafting complex legal documents
Timeline
Assistant Manager - Tata Consultancy Services limited
05.2022 - 09.2023
Legal Manager - Reliance Jio Infocomm Limited
09.2021 - 04.2022
Senior Associate Manager - Savex technologies Pvt Ltd
11.2020 - 03.2021
Manager Legal - Federal bank Ltd
07.2019 - 06.2020
Senior Manager Legal - Kotak Mahindra Prime Ltd
11.2018 - 03.2019
Legal Manager - EpiMoney Pvt Ltd
08.2017 - 04.2018
Assistant Manager - National Stock Exchange
09.2015 - 04.2017
Assistant Manager Legal - SBI Global Factors Ltd
02.2014 - 08.2015
Legal Officer - Iffco Tokio General Insurance Company Ltd
02.2013 - 02.2014
Associate - TRANS INDIA LAW ASSOCIATES
02.2012 - 01.2013
ICFAI University - B.B.A. LL.B, Corporate Law
06.2007 - 2012.06
Asian school of cyber law - A Diploma certificate, Business Law
WIPO - A Diploma,
- Quarter Final Certificate,