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Shriram Finance Legal Retainer Interview Questions and Answers

Updated 31 May 2024

6 Interview questions

A Legal Retainer was asked 12mo ago
Q. How do you demand arrears and outstanding amounts?
Ans. 

To demand arrear and outstanding amount, send a formal written notice to the debtor.

  • Send a formal written notice outlining the arrear and outstanding amount.

  • Clearly state the consequences of non-payment.

  • Provide a deadline for payment.

  • Consider offering payment plans or negotiation options.

  • Consult with a legal professional if necessary.

A Legal Retainer was asked 12mo ago
Q. How do you collect a shortfall amount?
Ans. 

Shortfall amount can be collected through negotiation, legal action, or installment plans.

  • Negotiate with the debtor to pay the shortfall amount in full or through a payment plan.

  • Consider taking legal action by filing a lawsuit or obtaining a judgment.

  • Offer the option of installment plans to make it easier for the debtor to repay the shortfall amount.

  • Utilize debt collection agencies or services to assist in collect...

Legal Retainer Interview Questions Asked at Other Companies

Q1. What is the procedure regarding Section 138 of the Negotiable Ins ... read more
Q2. What is the procedure in a legal matter?
Q3. How do you demand arrears and outstanding amounts?
Q4. Write a First Information Report (FIR) for a vehicle theft.
Q5. Recent amendments, Defences available in TP Claims
A Legal Retainer was asked
Q. Tell me about theft.
Ans. 

Theft is the act of taking someone else's property without permission or consent.

  • Theft can be committed in various ways such as burglary, robbery, embezzlement, and larceny.

  • Theft can be a misdemeanor or a felony depending on the value of the stolen property and the circumstances surrounding the crime.

  • Examples of theft include shoplifting, pickpocketing, identity theft, and car theft.

  • Theft can have serious conseque...

A Legal Retainer was asked
Q. Write a First Information Report (FIR) for a vehicle theft.
Ans. 

An FIR for vehicle theft typically includes details about the stolen vehicle and any potential suspects.

  • Start with the date, time, and location of the theft

  • Include a description of the stolen vehicle, including make, model, color, and license plate number

  • Provide any identifying marks or features of the vehicle

  • Include any potential suspects or witnesses, with their names and contact information if available

  • End with...

A Legal Retainer was asked
Q. What is the procedure in a legal matter?
Ans. 

The procedure in legal matters involves several steps and processes to ensure a fair and just resolution.

  • Identifying the legal issue or problem

  • Gathering relevant information and evidence

  • Researching applicable laws and regulations

  • Analyzing the strengths and weaknesses of the case

  • Developing a legal strategy

  • Drafting legal documents, such as complaints or contracts

  • Negotiating with opposing parties

  • Representing clients ...

A Legal Retainer was asked
Q. What is the procedure regarding Section 138 of the Negotiable Instruments Act?
Ans. 

The procedure about 138 NI Act involves filing a complaint, issuing summons, evidence presentation, and judgment.

  • File a complaint under Section 138 of the Negotiable Instruments Act (NI Act)

  • The complaint should be filed within 30 days of the dishonor of the cheque

  • The court will issue summons to the accused

  • The accused needs to appear before the court and can either plead guilty or defend the case

  • Evidence is present...

Shriram Finance Legal Retainer Interview Experiences

3 interviews found

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before May 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

100 marks of Legal written exam

Round 2 - Legal Notice Drafting 

(2 Questions)

  • Q1. How to demand Arrear and outstanding Amount
  • Ans. 

    To demand arrear and outstanding amount, send a formal written notice to the debtor.

    • Send a formal written notice outlining the arrear and outstanding amount.

    • Clearly state the consequences of non-payment.

    • Provide a deadline for payment.

    • Consider offering payment plans or negotiation options.

    • Consult with a legal professional if necessary.

  • Answered by AI
  • Q2. How to collect Shortfall Amount
  • Ans. 

    Shortfall amount can be collected through negotiation, legal action, or installment plans.

    • Negotiate with the debtor to pay the shortfall amount in full or through a payment plan.

    • Consider taking legal action by filing a lawsuit or obtaining a judgment.

    • Offer the option of installment plans to make it easier for the debtor to repay the shortfall amount.

    • Utilize debt collection agencies or services to assist in collecting t...

  • Answered by AI
Round 3 - Group Discussion 

How to Manage legal Challenge and Target and court procedure

I applied via Approached by Company and was interviewed in Jan 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

(1 Question)

  • Q1. Write the FIR of vehicle theft
  • Ans. 

    An FIR for vehicle theft typically includes details about the stolen vehicle and any potential suspects.

    • Start with the date, time, and location of the theft

    • Include a description of the stolen vehicle, including make, model, color, and license plate number

    • Provide any identifying marks or features of the vehicle

    • Include any potential suspects or witnesses, with their names and contact information if available

    • End with a st...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. Tell me about of theft
  • Ans. 

    Theft is the act of taking someone else's property without permission or consent.

    • Theft can be committed in various ways such as burglary, robbery, embezzlement, and larceny.

    • Theft can be a misdemeanor or a felony depending on the value of the stolen property and the circumstances surrounding the crime.

    • Examples of theft include shoplifting, pickpocketing, identity theft, and car theft.

    • Theft can have serious consequences ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please especially learn Ni law and arbitration law

I applied via Referral and was interviewed in Aug 2021. There was 1 interview round.

Interview Questionnaire 

4 Questions

  • Q1. What was job profile previous job
  • Ans. 

    In my previous role, I managed legal contracts, provided compliance guidance, and supported litigation efforts for the organization.

    • Drafted and reviewed various legal documents, including contracts and agreements, ensuring compliance with regulations.

    • Conducted legal research to support case strategies, which improved our litigation outcomes by 20%.

    • Collaborated with cross-functional teams to address legal issues, enhanc...

  • Answered by AI
  • Q2. What is the full name of company
  • Ans. 

    Legal Retainer is a service that provides ongoing legal support and advice to clients for a fixed fee.

    • Legal Retainer services can cover various legal areas such as corporate law, family law, and intellectual property.

    • Clients typically pay a monthly fee for access to legal advice and services.

    • Examples of services included are contract reviews, legal consultations, and representation in negotiations.

  • Answered by AI
  • Q3. What is the procedure in legal rmatter
  • Ans. 

    The procedure in legal matters involves several steps and processes to ensure a fair and just resolution.

    • Identifying the legal issue or problem

    • Gathering relevant information and evidence

    • Researching applicable laws and regulations

    • Analyzing the strengths and weaknesses of the case

    • Developing a legal strategy

    • Drafting legal documents, such as complaints or contracts

    • Negotiating with opposing parties

    • Representing clients in co...

  • Answered by AI
  • Q4. What is the procedure about 138 ni act
  • Ans. 

    The procedure about 138 NI Act involves filing a complaint, issuing summons, evidence presentation, and judgment.

    • File a complaint under Section 138 of the Negotiable Instruments Act (NI Act)

    • The complaint should be filed within 30 days of the dishonor of the cheque

    • The court will issue summons to the accused

    • The accused needs to appear before the court and can either plead guilty or defend the case

    • Evidence is presented by...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Get the knowledge about the company, company product,

Top trending discussions

View All
Interview Tips & Stories
6d (edited)
a team lead
Why are women still asked such personal questions in interview?
I recently went for an interview… and honestly, m still trying to process what just happened. Instead of being asked about my skills, experience, or how I could add value to the company… the questions took a totally unexpected turn. The interviewer started asking things like When are you getting married? Are you engaged? And m sure, if I had said I was married, the next question would’ve been How long have you been married? What does my personal life have to do with the job m applying for? This is where I felt the gender discrimination hit hard. These types of questions are so casually thrown at women during interviews but are they ever asked to men? No one asks male candidates if they’re planning a wedding or how old their kids are. So why is it okay to ask women? Can we please stop normalising this kind of behaviour in interviews? Our careers shouldn’t be judged by our relationship status. Period.
Got a question about Shriram Finance?
Ask anonymously on communities.

Interview questions from similar companies

I applied via Referral and was interviewed before Oct 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Earlier working details and business
  • Q2. Earlier working details and business

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview is not a problem

I applied via Walk-in and was interviewed in Nov 2020. There was 1 interview round.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good interview basic knowledge and family information business related question job profile

I applied via Referral and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What is you goal.
  • Ans. 

    My goal is to foster team growth and drive operational excellence while achieving organizational objectives.

    • Develop leadership skills to inspire and motivate my team, as seen in my previous role where I led a project team to exceed targets.

    • Enhance operational efficiency by implementing process improvements, like reducing project turnaround time by 20% in my last position.

    • Cultivate a positive work environment that encou...

  • Answered by AI
  • Q2. What you know about the company, what you like in it..
  • Q3. Are you willing to work with target base work.
  • Q4. Are you ready to work anywhere in the karnataka.
  • Ans. 

    Absolutely, I'm open to working anywhere in Karnataka to contribute to the team's success and growth.

    • Flexibility: I understand that different locations may offer unique opportunities and challenges.

    • Commitment: My goal is to support the organization's objectives, regardless of the location.

    • Experience: I have previously worked in diverse environments, adapting quickly to new settings.

    • Networking: Working in various locati...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - There is nothing to worry about work, you must have general knowledge about company and about customer service,

I applied via Naukri.com and was interviewed before Nov 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Tell me about yourself
  • Q2. Last work experience
  • Ans. 

    In my last role as a team lead, I managed projects, improved processes, and fostered team collaboration to achieve our goals.

    • Led a team of 10 in a project that increased efficiency by 20%.

    • Implemented a new project management tool that streamlined communication.

    • Conducted weekly meetings to ensure alignment and address challenges.

    • Mentored junior team members, resulting in two promotions within the team.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident about your details and knowledge about the products
Are these interview questions helpful?

Interview Questionnaire 

1 Question

  • Q1. Related to experience

I applied via Company Website and was interviewed before Sep 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Tel me about your self and tel me about our company
  • Ans. 

    I am an experienced professional with strong leadership skills. Our company is a leading retail organization known for its exceptional customer service and high-quality products.

    • I have successfully managed teams and achieved sales targets in my previous roles.

    • I am skilled in developing and implementing strategies to improve operational efficiency.

    • I have a strong understanding of customer needs and have consistently del...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - its very good time whom i spend in interviewer .

Interview Questionnaire 

2 Questions

  • Q1. Legal manager post applied
  • Q2. Your policy
  • Ans. 

    Our policy is to prioritize ethical and legal compliance in all aspects of our operations.

    • We have a strict code of conduct that all employees must adhere to

    • We regularly review and update our policies to ensure compliance with changing laws and regulations

    • We have a dedicated legal team that oversees all legal matters

    • We prioritize transparency and open communication with all stakeholders

    • We take swift and appropriate acti...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Case study

Shriram Finance Interview FAQs

How many rounds are there in Shriram Finance Legal Retainer interview?
Shriram Finance interview process usually has 3 rounds. The most common rounds in the Shriram Finance interview process are Aptitude Test, Resume Shortlist and One-on-one Round.
What are the top questions asked in Shriram Finance Legal Retainer interview?

Some of the top questions asked at the Shriram Finance Legal Retainer interview -

  1. What is the procedure about 138 ni ...read more
  2. What is the procedure in legal rmat...read more
  3. How to demand Arrear and outstanding Amo...read more

Tell us how to improve this page.

Overall Interview Experience Rating

3/5

based on 1 interview experience

Difficulty level

Moderate 100%

Duration

2-4 weeks 100%
View more

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Shriram Finance Legal Retainer Salary
based on 31 salaries
₹2.3 L/yr - ₹4.1 L/yr
30% less than the average Legal Retainer Salary in India
View more details

Shriram Finance Legal Retainer Reviews and Ratings

based on 13 reviews

4.5/5

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4.7

Skill development

4.6

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4.0

Salary

4.2

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4.5

Company culture

4.0

Promotions

4.6

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