Legal Vacancies At Indian Renewable Energy Development Agency Limited (IREDA)

The Indian Renewable Energy Development Agency Limited (IREDA) is inviting applications for the posts of Executive Director (Law), Additional General Manager-AGM (Law), and Deputy General Manager-DGM (Law).
No. of Posts: One each
Pay-Scale:
• ED: Rs. 1,50,000-3,00,000/- per month
• AGM: Rs. 1,00,000-2,60,000/- per month
• DGM: Rs. 90,000-2,40,000/- per month
Educational Qualification: LL.B. (LL.M. is desirable)
Experience:
Executive Director:
• 23 years’ experience in executive level and present working experience of minimum 01 (one) year in the Scale of Pay of Rs.120000-280000 and above or equivalent, in the area of Legal Services in Financial Institutions/ NBFCs/ Public Sector Organizations/ Joint ventures of PSEs/Central Govt/ State Govt/ Private Sector. The CTC should not be below Rs. 61.87 Lakhs per year for candidates presently working in Private Sector. Experience in Listed Organizations and experience in ERP applications preferable.
• The incumbent would be responsible for leading and managing the entire Legal functions viz handling litigations before Arbitration Tribunals, Judicial/Quasi-Judicial Forums, Industrial/ Labour law matters, Arbitration and Conciliation matters, MSME, Documentation activities, Legal Audit & CERSAI , Recovery related legal activities etc.
• Experience in Executive Cadre in the area of drafting, vetting, execution of legal documents of project financing, legal due diligence of loan proposals/ projects / promoters / contracts / title of properties, documents including in -depth knowledge of applicable corporate/ commercial legislations with expertise in DRT/ Civil/ Criminal Courts/NCLT, arbitration proceedings in financial institutions. Core competence in the areas of analyzing various legal, security packages relating to project financing etc desirable.
AGM:
• 17 years’ experience in executive level and present working experience of minimum 01 (one) year in the Scale of Pay of Rs.90000-240000 and above or equivalent, in the area of Legal Services in Financial Institutions/ NBFCs/ Public Sector Organizations/ Joint ventures of PSEs/Central Govt/ State Govt/ Private Sector. The CTC should not be below Rs.46.40 Lakhs per year for candidates presently working in Private Sector. Experience in Listed Organizations and experience in ERP applications preferable.
• Experience in Executive Cadre in the area of drafting, vetting, execution of legal documents of project financing, legal due diligence of loan proposals/ projects / promoters / contracts / title of properties, documents including in -depth knowledge of applicable corporate/ commercial legislations with expertise in DRT/ Civil/ Criminal Courts/NCLT, arbitration proceedings in financial institutions. Must have core competence in the areas of analyzing various legal, security packages relating to project financing etc desirable. Must be in a position to handle all activities of documentation independently.
DGM:
• 14 years’ experience in executive level and present working experience of minimum 01 (one) year in the Scale of Pay of Rs. 80000-220000 and above or equivalent, in the area of Legal Services in Financial Institutions/ NBFCs/ Public Sector Organizations/ Joint ventures of PSEs/Central Govt/ State Govt/ Private Sector. The CTC should not be below Rs.41.56 Lakhs per year for candidates presently working in Private Sector. Experience in Listed Organizations and experience in ERP applications preferable.
• Experience in Executive Cadre in the area of drafting, vetting, execution of legal documents of project financing, legal due diligence of loan proposals/ projects / promoters / contracts / title of properties, documents including in -depth knowledge of applicable corporate/ commercial legislations with expertise in DRT/ Civil/ Criminal Courts/NCLT, arbitration proceedings in financial institutions. Core competence in the areas of analyzing various legal, security packages relating to project financing etc desirable. Must be in a position to handle all activities of documentation independently.
Age Limit:
• ED- 55 years
• AGM- 48 years
• DGM- 45 years
Last Date to Apply: February 7, 2025, by 5:00 p.m.