We are interested in a high-qualified lawyer to fill a role of Legal Counsel - providing ongoing corporate, governance and banking law advice.
Location: GIFT CITY.
Responsibilities:
A. Legal Function - Corporate & Banking Advisory (approx. 85% of effort)
Corporate Law & Governance (India & IFSC):
Advise on compliance under the Companies Act, 2013 for our GIFT City subsidiary (annual filings, board minutes, director's reports).Ensure adherence to IFSCA (International Financial Services Centres Authority) regulations specific to GIFT City.Draft and review agreement, resolutions, and disclosure documents relating to our 5-10% stake in the public bank.Monitor corporate governance standards of the target bank (compliance with SEBI LODR Regulations - Listing Obligations and Disclosure Requirements).Banking & Financial Law:
Provide legal opinions on RBI's "fit and proper" criteria for shareholders holding 5-10% in a bank.Advise on KYC/UBO disclosure obligations towards the target bank.Advise on corporate governance matters in the target bank, assistance with appointment of directors to the bank, assistance in participation in shareholders meetings and meeting of the board of directors (in case our director is appointed to the BoD of the target bank).Review voting strategies for general meetings of the bank (related party transactions, board appointments, capital raising).Alert on any regulatory changes (RBI Master Directions, Banking Regulation Act, 1949) affecting our position as a shareholder.
B. Director Function - Statutory Role in the GIFT City Subsidiary (approx. 15% of effort)
Your duties as Director include:
Attending board meetings (via video conference or in person) - estimated 1-2 meetings per quarter.Executing resolutions, annual returns (e-forms DIR-12, MGT-7, AOC-4) through the MCA portal.Signing documents for bank account opening, annual compliance filings with IFSCA.Voting the 5-10% shares in the public bank as per written instructions from the parent company.Ensuring the subsidiary's compliance with corporate and tax laws.Acting as the point of contact for regulators (RBI, MCA, IFSCA) if required.Requirements:
