NITISH GARG
LEAD MANAGER LEGAL & VIGILANCE
Jalandhar
Summary
Senior legal, vigilance, and fraud risk professional with around 9 years of experience across NBFC and housing finance institutions. Proven expertise in leading national and regional legal portfolios, strengthening fraud monitoring and vigilance frameworks, managing high-value litigation, and ensuring regulatory compliance with RBI, SARFAESI, and insolvency laws. Experienced in advising senior management, partnering with operations and recovery teams, and liaising with regulators, police authorities, and external counsels to mitigate legal and operational risk.
Overview
9
9
years of professional experience
Work History
Senior Manager | Lead Legal, Vigilance & FMU
Midland Microfin Ltd.
12.2024 - Current
- - Head the Legal, Vigilance, and Fraud Monitoring Unit at a national level.
- - Provide strategic legal guidance to operations and recovery teams to mobilize arrear recoveries.
- - Ensure RBI compliance for fraud reporting and legal escalation.
- - Liaise with police authorities and external agencies in fraud and criminal cases.
- - Draft and implement fraud detection, prevention, and monitoring SOPs.
- - Advise senior management on legal, vigilance, and fraud risk exposure.
Senior Manager – Legal | Regional Head (North & Central India)
Bajaj Housing Finance Ltd.
12.2018 - 11.2024
- - Headed a complete litigation portfolio across North and Central India.
- - Represented the organization before DRTs, High Courts, NCLT, and other forums.
- - Managed SARFAESI, NI Act, arbitration, execution, and civil recovery matters.
- - Handled insolvency cases, including IRP claims and CoC participation.
- - Provided legal support to collections during the COVID-19 disruption.
- - Supervised regional legal teams, ensuring governance and risk control.
Legal Associate
Kotak Mahindra Prime Ltd.
08.2017 - 11.2018
- - Managed legal affairs for Uttar Pradesh and Uttarakhand.
- - Sole in charge of the in-house arbitration portfolio for Delhi, NCR, and UP.
- - Coordinated with external counsel and represented the company in court.
Education
LL.B. - Law
Faculty of Law, University of Delhi
Delhi, India01.2017
B.Com. - Commerce
Panjab University
01.2014
Skills
Legal Drafting & Documentation
Litigation & Case Management
MS Word, Excel, PowerPoint
Strong Communication & Negotiation Skills
Team leadership, mentoring, and capability building across locations
Strategic advisory
Liaison with police authorities, regulators, and external agencies
CORE LEADERSHIP COMPETENCIES
- Litigation Strategy & Portfolio Management
- Fraud Risk, Vigilance & Internal Controls
- RBI & Regulatory Compliance (NBFC / MFI)
- SARFAESI, NI Act, Arbitration & Executions
- Insolvency & Bankruptcy Code (NCLT / NCLAT)
- Policy, SOP & Governance Frameworks
- Cross-Functional Stakeholder Management
- Police & Regulatory Liaison
- Team Leadership & Capability Building
- Operational Risk Mitigation
EARLY LEGAL TRAINING & INTERNSHIPS
Cicero Law Firm, New Delhi | District Court, Moga (Punjab) | Delhi State Legal Services Authority | Supreme Court of India (AOR Chambers) | Allahabad High Court
PROFESSIONAL & VOLUNTARY ENGAGEMENTS
- Para Legal Volunteer – Legal Services Society
- Member, College Legal Aid Clinic
- Volunteer – Mega Legal Literacy Campaign (DLSA)
- Organizing Volunteer – NHRC Moot Court Competition
Timeline
Senior Manager | Lead Legal, Vigilance & FMU
Midland Microfin Ltd.
12.2024 - Current
Senior Manager – Legal | Regional Head (North & Central India)
Bajaj Housing Finance Ltd.
12.2018 - 11.2024
Legal Associate
Kotak Mahindra Prime Ltd.
08.2017 - 11.2018
LL.B. - Law
Faculty of Law, University of Delhi
B.Com. - Commerce
Panjab University