JOB POST: Assistant Law Manager @Indian Oil Corporation Via CLAT 2019: Apply by Aug 2

23 Jul 2019

Categories: Jobs

About the Organisation

Indian Oil Corporation Limited, commonly known as IndianOil is an Indian state-owned oil and gas company with registered office at Mumbai and primarily headquartered in New Delhi.

It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore for the financial year 2016–17.

Job Description

Law Officers in Grade B – Assistant Law Manager

Eligibility

Educational Qualification:

Candidates should hold a Graduate Degree in any discipline and Bachelor’s Degree in Law (LLB) or Equivalent. Candidates holding 5 years Integrated LLB Degree (Professional) are also eligible to apply.

Note: Above qualifications should be full-time Programme (minimum 03 years professional course) from recognized Indian Universities/Institutes. The degree should also enjoy recognition from the Bar Council of India. In case any University/Institute follows an evaluation system of awarding Letter Grade (A, B, C, etc.) or Point Scale, a certificate from the University/ Institute establishing the Conversion Formula to the percentage (%) of marks should be submitted).

Age Limit:

Maximum age limit as on 30th June 2019 for General/EWSs candidates is 33 years.

Experience:

Minimum Post Qualification Experience Required:

Candidates must possess a minimum of 5 years of professional experience as on 31st May 2019.

However, 6 years of professional experience is desired. Aforesaid full-time experience, acquired after the date of declaration of the Final Law Qualification result, shall only be considered towards work experience.

The above minimum experience in Legal field as on 31st May 2019 should be as under :

As a Law Officer of a Public Sector Undertaking or Nationalized Bank or a Statutory Corporation; OR
As a Law Officer in a Central/ State Government Department/ Undertaking or Institution; OR
As a Law Officer in a Large Private Sector Organization/Company of repute as an employee of that Company [Large Private Sector Organization/Company of repute implies a Company/Organization – Listed on National Stock Exchange (NSE) or Group A & B of Bombay Stock Exchange (BSE) or having more than 500 employees in the last financial year or having Annual Turnover of more than Rs. 250 Crore in the last financial year. (Proof to be submitted)]; OR
As a Lawyer/Advocate in a reputed Law Firm on its rolls or on exclusive retainer-ship basis. [Reputed Law Firm implies a Law Firm having 10 years standing and having at-least 25 Lawyer/Advocates on its rolls, as on 31st March 2019. (Proof to be submitted).]

Essential Work Experience Areas:

Candidates should have experience of working in various areas such as handling litigation (Civil, Consumer and Criminal matters) before different Judicial/ QuasiJudicial Forums, Arbitration and Conciliation matters, Drafting & vetting various legal documents, handling legal matters pertaining to Mergers, Acquisitions & Joint Ventures, Regulatory matters of Oil & Gas/Petroleum Industry, Industrial/Labour law matters, etc.

Salary

Candidates selected as Law Officers in Grade “B” will receive a starting basic pay of Rs. 70,000/-per month. In addition, the selected candidates will receive Dearness Allowance (DA) and other allowances, according to the rules of the Corporation in force, as amended from time to time.

Other allowances /benefits include HRA/subsidized housing accommodation (depending upon place of posting), medical facilities, gratuity, contributory provident fund, employees pension scheme, group personal accident insurance scheme, leave encashment, leave travel concession (LTC)/ LFA, contributory superannuation benefit fund scheme, conveyance advance/maintenance reimbursement, performance-related incentives (PRP) etc as per rules of the corporation.

The gross valuation of remuneration to the company will be approximately Rs 21.00 lakhs per annum inclusive of performance-related pay (PRP). The actual remuneration may vary depending on the place of posting, the financial performance of the Corporation and also the performance rating of the individual.