Legal Aspects of Collection

3.0 /5

(4 Ratings)

Offered byTraining Central

Legal Aspects of Collection
at
Training Central
Overview

Gain a comprehensive overview of the Legal Aspects principles and concepts

Duration	4 hours
Total fee	₹2,360
Mode of learning	Online
Credential	Certificate

Legal Aspects of Collection
at
Training Central
Highlights

Earn a Certificate upon completion

Legal Aspects of Collection
at
Training Central
Course details

Who should do this course?

This course is essential for any professional working in the Collection departments of banks, NBFCs or other financial institutions

More about this course

The course 'Legal Aspects in Collection' provides a comprehensive coverage to the terminology, concepts and procedures in collections as per Indian legal procedures
A mix of Conservative and Radical methods is required to ensure effective collections
This course takes the learner through elements specific to collections methodology per legal procedures in India - from the preliminary steps of the dunning letter to aspects of Loan Recovery Notice (LRN), the working of the Lok Adalat, Section 138 of the NI Act, Criminal Complaints of the IPC and the SARFAESI Act

Legal Aspects of Collection
at
Training Central
Curriculum

Module 1: In this module, conservative legal methods of recovery are covered over 6 different chapters. It also involves a case study to test application of information covered in these 6 chapters

Module 2: This module explains radical methods of recovery followed by 2 case studies. This module contains total 4 chapters

Module 3: This module is about internal processes related to legal methods of collection such as billing to advocate, issuance of Power of Attorney, etc. It also explains situations in which legal action is terminated