1. FINANCE CONTROLLER,INERTIAINDUSTRIES LIMITED,MUMBAI
1/7/2001 to19/5/2002
Complete chargeof Accounting,Finance,Taxationand Secretarialfunctions.
Transferred tothe newly taken overcompany,Inertia Industries Limited to takecare of
Secretarial and Financial aspects.
ManywindinguppetitionsbyCreditors weresolvedtothe advantage of the Company.
Salestax defermentdefaultand Customsdutyexportobligationviolationissueswere
sortedout.
Ex-promoter,aidedbyhisloyal employees,inkey positions in Secretarial and Finance
areas in the company,filedfalsecaseoffinancial improprietyagainstthenew
managementand tried to thwartthe AGM and implicate the new Directors. Ensuredthat
AGM wasconductedasscheduledandtheircase wasquashed.
RestructuredtheFinanceand Secretarial functions andeased out VP-Finance, Senior
Manager-Finance, Company Secretary and twostaff.
Secretarial andFinancial duediligence washandled successfully whichresulted in
Scottish& NewcastlePlc.Taking stakeinthe company.