B.COM, FCA, CAIIB
Designated Partner – Mumbai
Insolvency Professional – Regn. No. IBBI/IPA-001/ IP-P00926/2017-18/ 11533
Total number of years of experience: 33 Years
- Over 21 years experience of banking with Allahabad Bank. Handled Credit Management, Debt Syndication, General Banking, Risk Management, NPA Management including SARFAESI cases for enforcement of security interest. Posted at Hyderabad, Chennai, Mumbai, Kolkata, Lucknow and Meerut centers with leadership role including Zonal Head of Meerut Zone of the Bank with 57 branches.
- 6 years as Head of Finance & Accounts at sugar manufacturing units of M/S U.P State Sugar Corporation Ltd.
- 6 years experience in conducting internal audit.
Core Competence & Industry specific experience:
- Apart from loans to SME sectors, handled loans to large corporates in various industry segments such as Pharmaceutical, Cement, Paper, Textile, Aviation, Real Estate, Textile, Steel, Food Processing, Electronics, Jewellery, Education, Sugar, Fertilizers, Hospitality, Construction, Infrastructure-Power, Road & Airport during tenure with Allahabad Bank.
- Enforcement of security interest under SARFAESI Act in large number of loan accounts during tenure with Allahabad Bank
- Sale of stressed assets under SARFAESI Act.
- Debt Resolution i.e. One-time settlements, restructuring and upgrading of large number of loan accounts in the Bank.
- Handled debt resolution under CDR mechanism in three accounts – M/S Bombay Rayons Ltd, Punjab Chemicals & Crop Protection Ltd, & Air India etc
Experience under IBC:-
- Presently RP of M/s Royal Agro Green Food Industries Pvt. Ltd., Mumbai which has gone into liquidation stage where he is appointed as the liquidator.
- Appointment as IRP pending with NCLT, Mumbai for of M/S Prabhat Telecom Ltd.