Location: Gurugram
Company: IIFL Finance
Experience Range: Freshers
ole & responsibilities
We are looking for a proactive and detail-oriented legal intern to join our SARFAESI
(Securitisation and Reconstruction of Financial Assets and Enforcement of Security
Interest Act, 2002) team in the Legal Department. This internship offers an excellent
opportunity for law students to gain hands-on experience in the enforcement
processes under SARFAESI, specific to the housing finance sector.
Key Responsibilities
• Assist in drafting and reviewing notices and legal documents under the
SARFAESI Act, including 13(2) and 13(4) notices.
• Conduct legal research on SARFAESI-related issues, case laws, and
RBI/Housing Finance regulations.
• Help maintain and update case trackers, documentation records, and
enforcement progress.
• Observe and participate in enforcement proceedings, such as possession
notices and auctions.
• Liaise with internal business teams to ensure legal compliance and timely
enforcement actions.
Learning Opportunities
• End-to-end exposure to SARFAESI enforcement workflow in the housing
finance domain.
• Practical understanding of legal remedies available to secured creditors.
• Drafting and compliance processes associated with non-performing assets
(NPAs).
• Interaction with senior legal professionals, external counsel, and field officers.
• Real-time learning on recovery strategy, legal risk mitigation, and regulatory
norms.
Requirements
• Final year law students.
• Strong interest in banking & finance laws, recovery laws, and enforcement
processes.
• Good legal research and drafting skills.
• Working knowledge of MS Office (especially Word and Excel).
• Ability to maintain confidentiality and handle sensitive legal information.
Preferred Qualifications
• Prior internship or coursework related to SARFAESI, DRT, or recovery laws is
a plus.
• Familiarity with housing finance/NBFC sector will be an added advantage.
To Apply, visit: CLICK HERE
