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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.

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Finance controller IIL

  • 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.