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Jaggaer Legal Associate Interview Questions, Process, and Tips
Top Jaggaer Legal Associate Interview Questions and Answers
- Q1. Different types of Commercial contracts, how to handle client Queries
- Q2. What is term termination
- Q3. What is indemnity
Jaggaer Legal Associate Interview Experiences
2 interviews found
Naina
Selected
I applied via LinkedIn and was interviewed before Sep 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Define contract abstraction
- Ans.
Contract abstraction is the process of summarizing and extracting key information from legal contracts.
Contract abstraction involves identifying and extracting important clauses, terms, and obligations from a contract.
It helps in creating a summary or abstract of the contract for easy reference and analysis.
Common elements abstracted include parties involved, payment terms, deliverables, timelines, and termination clau...
- Q2. What is indemnity
- Ans.
Indemnity is a legal obligation to compensate for harm or loss incurred by another party.
Indemnity is a contractual agreement where one party agrees to compensate the other party for specified losses or damages.
It is commonly used in insurance contracts to protect against financial losses.
Examples include professional liability insurance where a company agrees to indemnify an individual for legal costs incurred due to ...
(2 Questions)
- Q1. What is term termination
- Ans.
Termination refers to the end of a legal agreement or contract.
Termination is the conclusion or ending of a legal relationship between parties.
It can occur due to completion of the agreed upon terms, breach of contract, or mutual agreement.
Examples include the termination of an employment contract, lease agreement, or partnership agreement.
- Q2. What is liability
- Ans.
Liability refers to legal responsibility for one's actions or debts.
Liability is the state of being responsible for something, such as a debt or obligation.
It can be civil or criminal in nature, depending on the circumstances.
Examples include a company being liable for a defective product, or an individual being liable for damages in a car accident.
Interview Preparation Tips
Anonymous
Selected
I applied via Approached by Company and was interviewed before Jul 2022. There were 5 interview rounds.
General legal knowledge, contracts law questions
(2 Questions)
- Q1. Legal clauses, meaning of termination by cause, general legal Contracts details
- Q2. General legal knowledge
(1 Question)
- Q1. Different types of Commercial contracts, how to handle client Queries
- Ans.
Different types of commercial contracts require different approaches to handle client queries effectively.
Understand the specific terms and conditions of each type of commercial contract
Be familiar with common issues and concerns related to each type of commercial contract
Communicate clearly and effectively with clients to address their queries and provide solutions
Consult with senior attorneys or legal experts for com...
(1 Question)
- Q1. Brief discussion/ general question by sr. Manager
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
(2 Questions)
- Q1. How was your day
- Q2. Do you have any questions for us
It was very easy and yeah
Interview Preparation Tips
vyshnavi pillai
Selected
I applied via LinkedIn and was interviewed before Jun 2023. There were 3 interview rounds.
Mathematical calculation test
How is law related to IT?
(1 Question)
- Q1. How can you balance work and personal life
Selected
I applied via Approached by Company and was interviewed before Mar 2023. There was 1 interview round.
(5 Questions)
- Q1. Ask about the basic related to titled job and the salary expectation
- Q2. What is the meaning of Document review?
- Ans.
Document review is the process of examining and analyzing legal documents to determine their relevance and importance to a case.
Document review involves reading through documents such as contracts, emails, and other records.
It is often done to identify key information, potential issues, and evidence for a legal matter.
Document review can also involve organizing and summarizing large volumes of documents for easier refe...
- Q3. What is your experience in DR Field
- Q4. What is your salary expectation
- Q5. When can you join
Harshwardhan Singh
(5 Questions)
- Q1. Tell me about your work experience?
- Ans.
I have over 10 years of experience working as a Legal Manager in various industries.
Managed a team of legal professionals to ensure compliance with laws and regulations
Drafted and reviewed contracts, agreements, and legal documents
Provided legal advice and guidance to senior management
Handled litigation and dispute resolution processes
Developed and implemented company policies and procedures to mitigate legal risks
- Q2. What do you know about the SARFAESI ACT.
- Ans.
SARFAESI Act stands for Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
SARFAESI Act allows banks and financial institutions to auction residential or commercial properties to recover loans in case of default.
It provides a faster mechanism for recovery of non-performing assets without court intervention.
The Act empowers banks to take possession of the secured assets ...
- Q3. Tell me about section 13 (8) of SARFAESI ACT and also explain pre requisites for issuing demand notice under SARFAESI ACT.
- Ans.
Section 13(8) of SARFAESI Act allows the borrower to appeal against the measures taken by the bank under the Act.
Section 13(8) of SARFAESI Act states that the borrower can make an appeal to the Debt Recovery Tribunal (DRT) against the measures taken by the bank under the Act.
The pre-requisites for issuing a demand notice under SARFAESI Act include the borrower defaulting on repayment of the loan, the bank classifying t...
- Q4. What is the notice period under section 138 of NI act and also when the cause of action arises to file a case under section 138.
- Ans.
Notice period under section 138 of NI act and cause of action to file a case.
Notice period under section 138 is 15 days from the date on which the payee receives the notice of dishonor.
Cause of action to file a case under section 138 arises when the cheque is dishonored by the bank due to insufficient funds or other reasons.
The payee must send a legal notice to the drawer within 30 days of dishonor of the cheque to giv...
- Q5. Tell me something about Nclt and under which section financial creditors are defined. What is the procedure of liquidation.
- Ans.
NCLT is a quasi-judicial body that adjudicates insolvency and company law cases. Financial creditors are defined under Section 5(7) of the Insolvency and Bankruptcy Code, 2016.
NCLT stands for National Company Law Tribunal.
It is a quasi-judicial body established under the Companies Act, 2013.
Financial creditors are defined under Section 5(7) of the Insolvency and Bankruptcy Code, 2016.
The procedure of liquidation involv...
Efficient, hardworking, timemanagement, legal ability
(1 Question)
- Q1. How confident are you of this role?
(1 Question)
- Q1. How confident are you to take this on?
Contract review drafting
Selected
I applied via Job Fair and was interviewed in Jun 2024. There was 1 interview round.
About the company and related legal issues
Selected
Mental and psychological assessment
Latest topic and mostly current affairs
(1 Question)
- Q1. Interview about personal life
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Jaggaer Legal Associate Interview Process
based on 2 interviews
Interview experience
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