Insolvency Professionals

Work Experience

SL. No. From Date To Date Employment Practice Area of Work
Name & Address of Employer Designation Advocate / CA / CS / CMA Name of Firm & Firm Registration Number, if applicable
1 06/01/1990 27/01/1993 Northern Digital Exchanges Limited B-97, Phase VIII, Industrial Area, Mohali (Punjab). Accounts Officer cum Asstt. Company Secretary Finalization of Accounts, Interaction with Statutory Auditors. Ensure accurate month financial closures. Budgeting and MIS. Computerization of accounts from manual accounting to LAN enabling on-line maintenance of accounts using Novell NetWare 386 as operating software. Conducted Process gap analysis. Working Capital management and compliance with their reporting requirements, preparation of CMA and interaction with banks. All Company Secretarial responsibilities, including under Listing Agreement, holding of Board Meetings, Sub-Committee Meetings and related activities, Annual and Extra Ordinary General Meetings and SEBI requirements. Dealing with Share transfer agents. Handled the Rights issue of the Company and its Listing on Ludhiana and Vadodara Stock Exchanges. Direct Taxation and Employee Taxation.
2 29/01/1993 29/12/1994 Haryana State Industrial Development Corporation Limited SCO 40-41, Sector 17A, Chandigarh – 160 017 Sr. Manager Finance Project Financing and Equity Placements-- Financial Analysis and Appraisal of projects for Term Loans and Equity placement. Bridge loans against sanctioned projects and Public issues. Management of Public Issues as Co-Managers or Advisors or Underwriters.
3 30/12/1994 20/12/1995 Goetze (India) Financial Services Limited H-2, Connaught Circus, New Delhi – 110 001. Manager – Merchant Banking Management and Underwriting of Public issues.
4 21/12/1995 01/08/1998 Expo Machinery Limited / Whirlpool Financial India Private Limited / Whirlpool of India Limited A-8, Vaitalik Building, Qutab Institutional Area, New Delhi – 110 067. (May please note that Expo Machinery Ltd was a Whirlpool Group Company and was taken over by Whirlpool Financial. Also, both Whirlpool Financial and Whirlpool of India had a common HR function) Sr. Manager -Finance & Accounts and Company Secretary Dec. 21, 1995 (Expo Machinery) to May 06, 1996 (Expo Machinery) and May 06, 1996 (Whirlpool) to August 01, 1998 (Whirlpool) Transitioning the Company during the takeover of Kelvinator of India Limited and Expo Machinery Limited from Financial, Accounting, Company Legal, IT and Taxation sides. Finance and Accounts --Supervision of Financial Accounts under US and Indian GAAP. Develop the Accounting Manual and Desk Procedures under both Indian and US GAAPs. Interaction with the Statutory Auditors. Working Capital and Cash Management, Budgeting, MIS, Business Analysis and Strategic Planning Direct Taxation. Company Secretarial and Legal. IT & ERP implementation.
5 03/08/1998 27/02/2009 Lear Automotive India Private Limited 206 & 206A, Rectangle-1, D-4, Saket District Centre, Saket, New Delhi – 110 017. Joined as Director Finance. Last position was Director HR and Company Secretary (Both the above positions were on the Board of Directors of the Company). Business and Strategic Planning, Control, Finance & Banking. Financial Accounting including – Finalization of Company Accounts, Interactions with the Statutory and Internal auditors, under US and Indian GAAP under ERP environment. Ensuring Quarterly Accounts finalization and Audits to meet Indian and Parent Company’s reporting requirements, SOX compliance requirements. Framing the Accounting Manual and Desk Procedures for system based internal controls and procedures. Taxation -- Establishing the Engineering and Design Center in an STPI environment, Tax planning for Corporate, Salaried employees and Expatriates related. All taxation related activities including advance tax computation, fringe benefit tax, Company’s Income Tax return, Withholding Tax including certificates and returns and compliances for tax audit report. Framing effective strategies for smooth finalization of income tax notices and assessments, Transfer Pricing related matters from accounting, direct taxation and assessment related aspects. All aspects relating to Sales Tax, Excise, Service Tax and Customs Corporate Secretarial and Legal including : Organizing, Participating and Complying with all activities related to Board and Shareholder Meetings. Comply with provisions of Companies Act, 1956, including with ROC, Equity Infusion, Managerial Remuneration aspects, Preparation of the Annual Return, Maintenance of Statutory Registers, Conversion of Company into a Deemed Public Ltd and Re-Conversion into a Private Ltd Company, Change of Name and Registered office, Charge Creation & Satisfaction and E-filing aspects. Coordinating with Legal Counsel regarding all Corporate Legal matters including advise on drafting and reviewing of various Commercial and Non-disclosure agreements to mitigate Business risks and Expatriate related. Information Systems Planning, Design & Implementation, Selection and Project Steering committee member and leader of the teams for implementation of ERP ie Mfg/pro., Project leader for Peoplesoft implementation in India for HR function. Human Resources and Industrial Relations : Framing the complete Human Resources Manual ie Policies and Desk Procedures, including for Manpower planning and Recruitment process, Cross Border employments, Referrals. Employee restructuring, downsizing and layoffs, multi-skilling and multi-tasking for cost efficiencies and handling cyclical fluctuations. Competency and skills matrix, Job descriptions for all positions including the fitment / skill charts of employees. Established KRAs of senior and middle management, Performance appraisals, Succession Planning, Leadership reviews, High potential employee identification and Training calendar. Effective Employee Communication and Management of good Industrial relations in the company. Finalized Wage agreements and negotiations with the workers, dealing with both Internal and External Unions. Conduct surveys on employee satisfaction and working conditions at all levels. Sponsored and Participated in Compensation surveys and Design the compensation structure at all levels including for senior management in India, and Variable pay determination. Established Superannuation and Gratuity Trusts and set up procedures for their day to day management including Accounts, Audit and Minutes, for the employees of the Company. Designed and Operated Life insurance and Medical benefit and Group personal accident insurance related schemes. Centralized the Payroll administration for the Company including structuring and tax management of salaries of employees and Withholding Tax return filings.
6 01/06/2009 31/07/2009 Hero Motors Limited 601, International Trade Tower, Nehru Place, New Delhi-110019 President-CMG Developed and Finalized the Budgets for two Companies, including a JV Company. Finalized the KRAs and Incentive Program for Senior Management of a JV Company. Reviewed the complete Shopfloor Labour Management Structure, Policies and Procedures. Finalized the HR Policies to improve Employee Engagement environment.
7 07/12/2009 14/03/2010 Mahindra Aerospace Ltd (part of M&M’s Systech sector group) Mahindra Towers, Worli, Mumbai-400018 Advisor / Retainer Helped the Company in : Project set up including land selection and evaluation. Advise on Industrial Licensing provisions. Import of Equipment from Overseas locations for setting up the manufacturing facility in India. Income Tax and Customs Duty implications on import of equipment into India. Defence Offsets.
8 15/03/2010 27/06/2011 Halonix Limited 59-A, NSEZ, Phase II, Noida, Distt. Gautam Budh Nagar, (UP) – 201305. Chief Financial Officer and Company Secretary Restructuring of Company’s Operations-- De-Merger/ Subsidiarization of the Company and meet Legal, Taxation and Listing Agreement requirements. Hold Board and Sub-committee Meetings for the purpose. Financial and Legal Vendor Due Diligence relating to Sale of a business segment, handling of various queries from prospective bidders, finalization of Business Transfer Agreements, Deed of Assignments and Share Purchase Agreement. Strategic takeover of an Overseas Distributor (Europe) (brands and assets), Coordination of Legal, Accounting and Tax Due Diligence for the acquisition, with overseas consultants. Changing the focus from Manufacturing to Sales and Marketing driven organization and Setting up appropriate systems and controls. Strengthening Corporate Governance practices within the organization. Strengthening the Financial Accounting, Preparation of Budgets based on Zero-based methodology, Efficient Working Capital and Cash Management, Profitability improvement, Product Costing, Budgeting & MIS and Tax management. Supervision of Company’s Accounts and Interaction with the Statutory and Internal auditors. Ensuring Quarterly Accounts finalization and Audits to meet reporting requirements under the Listing Agreement. Taxation -- All aspects relating to Income Tax, Sales Tax, Excise, Service Tax and Customs (including EPCG and Advance licenses related) and Assessments relating thereto. SAP implementation with a view to Functionality enhancement, Process improvements and Setting up robust Systems based Controls. Reviewed, Developed and Amended the Employee benefit policies, Payroll process for making it Tax compliant. Company Secretarial related matters including : Organizing Board Meetings, Sub-Committee Meetings and related activities, Annual and Extra Ordinary General Meetings. Complied with all Listing Agreement and SEBI requirements. Vendor Due Diligence for sale of business segment, Demerger/Subsidiarization of the Company and meeting Legal, Taxation and Listing Agreement requirements. Holding Board and Sub-Committee Meetings for the purpose(s). Complying with provisions of Companies Act, 1956, including with ROC, Managerial Remuneration aspects, Preparation of the Annual Return, Maintenance of Statutory Registers, Charge Creation & Satisfaction and E-filing aspects, etc.
9 28/06/2011 21/05/2012 Lemnis Lighting India Private Limited A-60 C, Sector 63, Noida-201301 (UP) Director Finance and HR (Board level position) Establishing the Company’s Operations in India. Setting up the systems, processes and procedures in the fields of Finance, Accounts, Tax, IT (ERP), Customer Interactions and Audits, Financial Planning and Analysis (Budgeting, MIS), Strategy and Planning, Risk Management, Controls, Corporate Governance, ERP design and implementation, Company Secretarial and Legal.
10 01/06/2012 27/05/2019 Uniparts India Limited SB Tower, Ground Floor, Plot # 1A/1, Sector 16A, Film City, Noida - 201301 Chief Financial Officer Readying and taking the Company through Initial Public Offer, Organic and Inorganic Growth, Strengthening and Transitioning the Group’s financial and accounting systems from a Promoter driven to a Listed Company compliant environment, GST, IndAS implementation, Corporate Tax, Cost Accounting and Product Costing, Internal Controls and Audit, Statutory Compliances, Enterprise Risk Assessment & Management, Strengthen Banking relationships - Term Loans & Working Capital management, Debt Rating, Debt and Foreign Exchange Management, Strengthen Budgeting & MIS, Implement ERP (BAAN) in the Company and set up appropriate systemic Controls for Group’s operations, set up robust Corporate Governance practices within the Group, Managed Private Equity reporting requirements.
11 28/05/2019 09/10/2020 Caparo Engineering India Limited 7, Maruti JV Complex, Delhi – Gurgaon Road, Gurgaon – 122015 (Haryana) Chief Financial Officer Entire gamut of Finance and Accounts including Corporate Finance, Accounts, Financial Planning & Analysis, Banking & Treasury, Cost Accounting and Product Costing, Taxation (direct and Indirect), Internal Audit & Controls, Information Systems (including SAP re-implementation), strengthening the Corporate Governance mechanisms and environment in the Company, strengthening Banking relationships-Term Loans & Working Capital management, Debt Rating, Foreign Exchange Management and Enterprise Risk Assessment & Management in the Company.