Sh. G. S. Yadav
Joint Secretary and Legal Adviser,
Department of Legal Affairs,
Ministry of Law & Justice. Profile
Sh. A. Unnikrishnan
Reserve Bank of India Profile
Dr. M. S. Sahoo
Dr. M. S. Sahoo, an acclaimed thought leader in the area of securities markets and a distinguished public servant, currently serves as Chairperson of the Insolvency and Bankruptcy Board of India. He has served as a Member of the Competition Commission of India, Secretary of the Institute of Company Secretaries of India, Whole Time Member of the Securities and Exchange Board of India, Economic Adviser with the National Stock Exchange of India and held senior positions in Government of India as a Member of Indian Economic Service. He also had a brief, but eventful legal practice.
Dr. Sahoo has substantially influenced reforms in India securities markets over the last two decades. He has conceptualized, designed and steered major reforms such as dematerialisation of securities (1995), architecture of regulator and regulatory tribunal (1995), trading of derivatives (1999), on-line examination for market professionals (2000), setting up National Institute of Securities Markets (2004), resolution of litigations relating to brokers' fee (2004), demutualization of stock exchanges (2005), trading of currency derivatives (2008), and the rule of law in securities markets. He is credited with a few landmark orders, including disgorgement, and settlement of securities market infractions, and significantly contributed to development of securities jurisprudence.
Dr. Sahoo has conceptualized, designed, authored and edited several publications relating to securities markets and corporate sector, including Indian Securities Market-A Review, NSE Research Initiative, Stock Exchange Factbook, SEBI Bulletin, and edited a professional journal, Chartered Secretary. He has delivered talks at various national and international fora and written over 100 articles. He has promoted extensive use of technology in education and examinations in company secretary course and NSE's Certification in Financial Markets (NCFM).
Dr. Sahoo has been a Member / Chairman of several committees set up by Ministry of Finance, SEBI, RBI, IRDAI, and WDRA. These include Chairman of the Committees (Sahoo Committee I, II and III) on Depository Receipts, Domestic and Overseas Capital Markets, and External Commercial Borrowing. He has assisted in development and refinement of the Indian Financial Code (IFC) recommended by the Financial Sector Legislative Reforms Commission (FSLRC). He has served on Boards of a few organisations, including Oriental Bank of Commerce, Management Development Institute, National Institute of Securities Markets, SEBI and CCI. Dr. Sahoo has post-graduation degrees in Economics, Law, Management and Company Secretaryship.
Ms Suman Saxena
Former Deputy Comptroller and Auditor General, Suman Saxena's 37 years of experience and expertise covers the gamut of audit, accounts and public, corporate and commercial finance.
Suman has extensive experience in identifying and analyzing anomalies which undermine corporate managerial and financial efficiency and, in the capacity of role of audit advisory, contributed to providing assurance to stakeholders and acted as an aid to management for good governance and policy initiatives. She has special expertise in financial appraisal and analysis of various corporate entities in the area of detection of deliberate systems lapses through scrutiny and analysis of accounts and flaws in internal control mechanisms.
She has examined and analyzed the formulation and implementation of government policies- Centre, State and Local Bodies, and possesses an in-depth insight into the functioning of small, medium and large public and private corporate enterprises, including creators of basic infrastructure, service providers and commercial ventures, autonomous entities, public-private partnerships, joint ventures and national defense.
Having handled the portfolios of public finance, Government accounting, budgeting sanctions, compilation of accounts and audit matters in various capacities during the course of her career as member of the Indian Audit and Accounts Service (IA & AS), Suman is adept in framing of budget and exercising expenditure controls.
She has been the Director of the National Academy of Audit and Accounts and is equipped in the area of capacity building of an organization through training-need analysis, extensive and intensive trainings, conception and conduct of workshops, seminars and conferences.
She has audited various agencies of the United Nations, has been a member of the Environment Committee of the International Organization of Supreme Audit institutions and is in sync with the best international accounting and auditing practices.
As a member of the senior management team of the Office of the Comptroller and Auditor General of India, the biggest organization of the Government of India, Suman carries with her hands-on experience in administration, including as an auditor, the administrative practices in the Indian corporate sector, public, private as well as commercial. She is very well grounded in all aspects of administration and governance, its strengths and weaknesses along with attendant disciplinary and legal issues sensitized to social, cultural and gender aspects of governance.
She is in tune with legal as well as internal and external imponderables afflicting the progress of the Indian corporate and financial sector.
Suman is a staunch believer in bringing the Indian corporate and financial sector on par with the best global practices to enable it to surmount international competition.
Dr. Navrang Saini
Dr. Navrang Saini took charge as Whole Time Member, Insolvency and Bankruptcy Board of India in New Delhi on 31st March, 2017.
He has post-graduation degrees in Management and Law along with PHD in Corporate Law and professional qualification as a Company Secretary.
Dr. Navrang Saini has served the Ministry of Corporate Affairs in various capacities. His last assignment was as Director General (in the rank of Additional Secretary) at the Ministry. He also served as a Commissioned Officer in Territorial Army from July 1985 to March 2011 and superannuated as Lt. Colonel.
During his tenure as Registrar of Companies, Delhi and Haryana, Dr. Navrang Saini implemented the first mission mode e-governance project of the country 'MCA21' as a major pilot project.
He is a keen mountaineer, trekker and sky-diver.
Dr. Navrang Saini is presently looking after Registration & Monitoring wing comprising Insolvency Professionals, Information Utilities, Insolvency Professional Agencies & Entities, Valuers, Surveillance, Investigation and Grievance Redressal.
Dr. Navrang Saini is also a member of the Appellate Authority established by the Central Government in accordance with the powers conferred under section 22A of the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959 and the Company Secretaries Act, 1980 w.e.f. 3rd November, 2015.
Dr. Mukulita Vijayawargiya
Presently Whole Time Member in the Insolvency and Bankruptcy Board of India (from 13th April, 2017).
Prior to joining the Insolvency and Bankruptcy Board of India, was Additional Secretary in the Ministry of Law and Justice, Legislative Department, Government of India, New Delhi.
More than 36 years of experience in various fields of law.
More than 30 years in the Central and State Government service holding Class-I post in the legal field.
Joined the Ministry of Law and Justice in the Law Commission of India in 1999 as Deputy Law Officer.
Joined the Legislative Department of the Ministry of Law and Justice in 2003 as Deputy Legislative Counsel.
Has been a member of the Indian Legal Service (ILS) since 24th March, 2003
Associated with drafting/ vetting of more than 100 legislative proposals in the Legislative Department. Have been member of the BLRC.
Assistant Professor of Law at Indore for more than 12 years (1986-1999).
Assistant Law Officer in Madhya Pradesh Financial Corporation (1988-86).
Practised as an advocate for more than 6 years at Indore (1979 -1985).
Have been a Visiting Scholar in Japan and Australia.
Visited law schools of Tribhuvan University, Kathmandu (Nepal); Yokohama National University, Yokohama; Tokyo University, Tokyo Asia University, Tokyo ; Mauritius University, Port Louis (Mauritius); Sydney University; Queensland University of Technology, Brisbane Australia); Harvard University, Columbia University (United States); London University, Cambridge (United Kingdom); United Nations University, Tokyo in connection with lectures / interactions / research / studies.
Participated in several Law seminars/workshops in India and abroad and presented papers.
Delivered lectures at national and international institutions on various subjects of law.
Published a number of articles in various journals and co-author of two books.
Dr. Shashank Saksena
Dr. Shashank Saksena, an Indian Economic Service officer from the 1987 batch, has degrees of Master of Arts in Economics and LL.B. from University of Allahabad, "M.Sc. in Macro Economic Policy and Planning for Developing Countries" from the University of Bradford, United Kingdom and Ph.D. in "Agricultural Economics" from Dr. B. R. Ambedkar University, Uttar Pradesh.
Currently, Dr. Shashank Saksena is an Adviser in the Department of Economic Affairs, Ministry of Finance and is involved with the formulation of financial sector policy and legislative reforms. He has also worked in the areas of formulation of policy reforms in the areas of Agricultural Price Policy, Capital Market, External Commercial Borrowings, Banking Sector, Pension Reforms and State Finances in various Central Departments and Ministries. He has over 20 years of work experience in different Departments of the Ministry of Finance. He has been a Member of several Expert Committees in the financial sector. He has been involved with the formulation and enactment of over dozen financial sector legislations with respect to the securities market, the banking sector, payment system, financial markets and pension sector and the delegated legislations made thereunder during this period. He has also published technical papers in a Book and News Magazines.
Sh. Gyaneshwar Kumar Singh
Shri Gyaneshwar Kumar Singh is an officer of Indian Post & Telecommunication Accounts and Finance Service (IP&TAFS) of 1992 batch. He has done his post-graduation in Sociology from Jawaharlal Nehru University, and his MBA and LLB degrees from Delhi University.
Since August 2016, he is working as Joint Secretary, Ministry of Corporate Affairs. He is the Chief Executive Officer (CEO) of Investor Education and Protection Fund Authority (IEPFA) and Director General and CEO of Indian Institute of Corporate Affairs (IICA). He is also on the Insolvency and Bankruptcy Board of India as a Government Nominee.
He has varied experience in Government of India and International Organizations. He has worked as Controller of Communications Accounts for Delhi Region, Ministry of Communication and IT. In his stint as Director in the Ministry of Social Justice and Empowerment, he helped formulate the Maintenance and Welfare of Parents and Senior Citizens Act, 2007. He has also served as Director in Ministry of Communication and IT.
From 2007 to 2012, he worked as International Capacity Development Advisor with UNDP Afghanistan.
Sh.G. S. YADAV
Post-graduate from Agra University and a Graduate in law from Kanpur University, he practiced as an advocate before District Courts of Mainpuri, UP. Also served as a Public Prosecutor with Central Bureau of Investigation (CBI) from 1997 – 2000. During his tenure as Public Prosecutor with CBI, he served throughout the country and conducted high profile prosecution matters for corruption charges and matters pertaining to prosecution under the provisions of Foreign Contribution & Regulation Act.
In the year 2000, he joined Department of Legal Affairs, Ministry of law, ILS cadre and represented Ministry of Law regarding BIPAS and Treaties across the globe. He also represented the Ministry of Law with regards to the Mumbai terror attack case. Presently, he is working in the capacity of Joint Secretary & Legal Adviser with the Department of Legal Affairs.
Sh. A. Unnikrishnan
Born on March 16, 1968 in Thrissur District, Kerala.
A lawyer by training, he holds Post Graduate degrees both in law (Kakatiya University) and Economics (University of Mumbai). Practiced as an advocate in Kerala for a few years before joining the Oriental Bank of Commerce as a Law Officer. In the year 1995, shifted to the Reserve Bank of India at Mumbai as Legal Officer. Since then, worked in different capacities as Assistant Legal Adviser, Deputy Legal Adviser and Joint Legal Adviser. In the year 2014, promoted as Legal Adviser. At different points of time, advised the Reserve Bank of India on legal matters relating to regulation and supervision of commercial banks, RRBs, co-operative banks and NBFCs, foreign exchange management, financial markets, currency management, right to information and payment and settlement systems, and handled the litigation pertaining thereto.
He was associated with the work of a number of committees and groups dealing with legislations in financial sector. A few articles were published in the RBI Legal News & Views. He has a good deal of experience in legislative drafting - both primary and subordinate legislation.