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CRITERIA FOR EMPANELMENT OF ADVOCATE:A) For being included in the panel, an advocate should have experience of at least 7
(seven) years of independent and effective practice at Bar on the civil side preferably
in attending commercial matters or bank suits and be conversant with banking laws.
The experience as a designated Law Officer of a Bank/ PSU or as a Judicial Officer
may also be considered for the purpose.
B) For being included in the Junior Panel an advocate should have experience of at
least 7 years of effective practice at the Bar.
C) For being included in the Senior Panel an Advocate should have experience of at
least 15 years of effective practice at the bar.
D) The advocate should be of undoubted legal acumen and unblemished integrity.
E) There will be Panels for advocates practicing at High Courts, DRATs, DRTs, Dist
Consumer Forums & State Consumer Commissions, Civil Courts, Criminal Courts
and other trial Courts /Tribunals. Exclusive panels will be for conducting Search &
title deed verifications, ROC search and for Drafting/Vetting/Audit of loan documents.
F) Advocates practicing in Specialized areas such as Labour Law matters, Cyber Law,
MRTP/Competition Law etc will also be considered for empanelment.
G) There will be Separate panel for High Courts, Supreme Court, National Consumer
Commission, National Company Law Tribunal etc. This empanelment will be done at
Head Office .
H) Matters/ Cases involving outstanding up to Rs.50.00 lacs will be entrusted to
advocates from Junior Panel and Matters/cases involving outstanding of Rs.50.00
lacs and above & other complicated matters will be entrusted to advocates from
Senior Panel.
2. OTHER TERMS AND CONDITIONS FOR EMPANELMENT:a) Advocate should agree to abide by the Banks terms and conditions as to the fees,
charges etc.
b) The concerned advocate will be informed in writing of his empanelment and on the
terms and conditions of empanelment as mentioned in Annexure-B.
c) It shall be made clear to the advocate that approval in banks panel of advocates
does not amount to an appointment or right for an appointment and bank is free to
engage any advocate of its choice and the empanelled advocate can not claim that
he should only be entrusted with the banks work.
d) The advocate should undertake not to appear against the bank and they do not
represent to the claims and ideologies adverse to those of the bank.
e) It shall be made clear that under no circumstances, they should use any legend
containing banks name or symbol in letter heads, sign-boards, name plates etc such
as legal adviser to Allahabad Bank or advocate for Allahabad Bank.
f) Duties and Responsibilities of Panel Advocates1. The Panel Advocate should under take the job for search relating to encumbrance
etc of the property only after receipt of a communication from the concerned
branch/office of the bank.
2. The Panel Advocate should not accept any request of Non Encumbrance Certificate
from the constituent for the purpose of availing loan from our bank.
3. The Panel Advocate should verify the "Title Documents" in original before submitting
his report to concerned branch/office of the bank.
4. The Panel Advocate should submit to the concerned branch/office of the bank, the
original receipts for deposit of "Fee for Search" in the Registration Office/ Registrar
of Companies/ Court etc along with his report.
5. The Panel Advocate should point out any defect(s), whether legal or otherwise, in the
"Title Documents" which is prima facie apparent/manifest.
6. The Panel Advocate should himself verify the Registration records of the property
offered as security.
7. In case, the verification of the Registration records is done by associate advocates/
assistants of the Panel Advocate, he should specify the same in his report and
undertake full responsibility for such reliance.
8. The Panel Advocate should inform the bank of pendency of any litigation concerning
the property, if it comes to his knowledge at the time of search or at any time
subsequent to furnishing the search report.
9. While pursuing/defending any litigation on behalf of the bank the Panel advocate
should a) - Intimate the day to day progress of the matter to the concerned branch/office of
the bank.
Annexure-A
PHOTOGRAPH
NAME OF ADVOCATE
DATE OF BIRTH
EDUCATIONAL
QUALIFICATIONS
(including distinctions in academic carrier)
Period of practice/
Place of practice/
Court of practice
( attach experience certificate from court/ Bar)
In
which
office
trained
as
Junior/
apprentice/
Name of Senior:
List of Banks,
institutions, companies,
corporation, business houses engaging them
on retainer basis or otherwise
(attach proof)
10
11
12
13
Signature of advocate
Attached: attested true copies of testimonials
1. Enrollment Certificate & Bar Council ID
2. Experience Certificate from court/Bar
9.
10
.
i) Valuation of
Residential/
Commercial
properties
Yes/ No
ii) Valuation of
Agriculture Land
Yes/No
iii) Valuation of Plant
and Machinery
Yes/No
11
.
12
.
13
.
14
.
15
.
16
.
17
.
iv)Others (mention)
: As per Proforma- II
i)
ii)
iii)
Undertaking:
I/We undertake that the information furnished in the format/enclosures therewith is true and
correct to the best of my knowledge.
I/ we further certify that I/ We individually or jointly, have not been debarred/ de empanelled
previously by any Bank/ organisation or central/ state government or any other body corporate.
If empanelled for the Banks work, I/ we shall not undertake the work of valuation, in which I/We
or my/our close relatives have a direct or indirect interest.
Date:Place: Note:
S i g n a t u r e With Seal
The format is to be typed or Hand written neatly. In case, the space is not sufficient enough to fill
in, a separate format may be furnished with the above details in Toto and latest photograph.
Where copies are required to be furnished these are to be certified copies Preferably by the
concerned agencies or a Government Officer.
Enclosure to Annexure A
PROFORMA I
Details of Registration
Name of the Valuer:
Sl. No.
Name of the
Organization
and
address
2.
1.
Category
under which
registered
Date of
Registration
and validity
Remarks
3.
4.
5.
Signature
Note: - Relevant documentary evidence to be enclosed.
Enclosure to Annexure A
PROFORMA II
Name of the Architect/Consultant/Firm:
Sl. No.
Name
1.
2.
Any other
information
7.
Signature