Join Indian Oil as a Law Officer: Recruitment for Experienced Legal Professionals 2024

Introduction
Are you a skilled legal professional looking for a rewarding career in one of India’s largest public sector companies? Indian Oil Corporation Limited (IOCL), ranked 116th in the Fortune 500 list, is inviting applications for the recruitment of experienced law officers through CLAT 2024. Here’s everything you need to know to apply for these prestigious positions.

Why Choose IOCL?

IOCL is not just a company; it’s an integral part of India’s energy infrastructure, committed to nation-building. Moreover, with a revenue of over ₹8,66,345 crores and a record net profit of ₹39,619 crores in the fiscal year 2023-24, IOCL offers career stability, growth opportunities, and a chance to make an impact on the country.

Additionally, IOCL holds the coveted ‘Maharatna’ status, ensuring top-notch benefits and a respected role in the company’s ever-growing success.

Key Highlights of IOCL Recruitment 2024

1. Vacancies
IOCL is offering 12 positions for law officers in 2024, with reservations for various categories, including PwBD. Therefore, this is an inclusive opportunity for candidates from diverse backgrounds.

2. Salary & Benefits
The starting basic pay for selected candidates is ₹50,000 per month. Further, the total remuneration package, inclusive of all benefits such as performance-related pay, reaches approximately ₹17.32 lakhs per annum. In addition to the salary, selected candidates will enjoy allowances like HRA, medical facilities, gratuity, and leave encashment.

3. Eligibility Criteria
Only Indian nationals who appeared for the CLAT 2024 Post Graduate exam are eligible to apply. Candidates must have:

  • A graduate degree along with an LLB or a 5-year integrated LLB.
  • A minimum of two years of professional experience in relevant legal fields such as practicing law or working with law firms.

4. Selection Process
Candidates will be shortlisted based on their CLAT 2024 scores. Afterward, they will undergo a multi-step selection process consisting of a Group Discussion (GD), Group Task (GT), and a Personal Interview (PI). The final merit list will be based on these scores, ensuring that only the most capable candidates are selected.

How to Apply for IOCL Law Officer Position

1. Online Application
To begin with, candidates must submit their applications online through IOCL’s official website. The application process requires key details such as CLAT 2024 score, admit card number, and personal details. Make sure to upload scanned copies of a recent passport-size photo and your signature.

2. Important Deadlines
Don’t wait! The last date to apply is 8th October 2024. Therefore, it’s essential to complete your application well before the deadline to avoid any last-minute issues.

3. Document Verification
After successful submission, candidates shortlisted for interviews will need to present original documents for verification. This includes degrees, experience certificates, and the CLAT scorecard. Thus, ensuring you have all documents ready in advance will save time.

Why This Opportunity Shouldn’t Be Missed

IOCL’s recruitment for law officers in 2024 is a golden opportunity for legal professionals who want to take their careers to the next level. Not only does IOCL provide excellent financial rewards, but it also offers a chance to work in a top-tier public sector company. Furthermore, the experience and exposure gained here are unparalleled.

Conclusion

In conclusion, if you are a legal professional seeking to make a difference while advancing your career, IOCL’s law officer recruitment is the perfect opportunity. With a competitive salary, exciting growth prospects, and a chance to work at a globally admired company, it’s time to take the next step in your career.

Apply before 8th October 2024 and embark on a rewarding journey with Indian Oil Corporation.


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Mortgage without statutory consent invalid: Delhi Development Authority vs Corporation Bank

The Supreme Court held that a mortgage of leasehold property executed without the prior written consent of the competent authority, as required under the lease deed, is illegal and unenforceable, and any subsequent actions based on such mortgage, including sale or auction, are invalid. In a bench comprising Justices Sanjay Kumar and Alok Aradhe, quashed the e-auction of a plot allotted by the Delhi Development Authority (DDA) in Delhi Development Authority vs Corporation Bank on September 25, 2025.

The Court determined that the club mortgaged the site to Corporation Bank without the Lieutenant Governor of Delhi’s prior written authorization, rendering the mortgage unconstitutional. As a result, the Bank’s following auction was unlawful since it violated the lease deed’s stipulations as well as legislative prohibitions.

The Court underlined that the DDA’s statutory rights over the property remained intact, including the opportunity to recover unearned increase and preemptive purchase rights. The DDA’s earlier writ petition, which was dropped in response to the Bank’s undertaking, did not preclude it from challenging the auction, which violated lease restrictions.

The Court further stated that the auction purchaser behaved in good faith and was free of any misconduct. Upholding the concept of restitution, it directed the Bank to restore the auction profits to the purchaser with interest at 9% per year, ensuring that no party was unfairly enriched at the expense of an innocent third party.

As a result, the e-auction notice, auction, and sale confirmation were cancelled, and the Bank was ordered to comply with the refund order within one month.

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