Policy Experience – International
Has extensive experience in policy formulation at international level. A snapshot of the most relevant is provided below:
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As senior consultant of the International Monetary Fund, contributed in the drafting and reviewed of the personal insolvency law of Ireland prepared with the technical assistance of International Monetary Fund.
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As senior consultant of the International Monetary Fund, contributed in the drafting and reviewed of the personal insolvency law of Estonia prepared with the technical assistance of International Monetary Fund.
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As international legal expert for the project for establishment of SAARC (South Asia Association for Regional Cooperation) Development Fund, under the Asian Development Bank Technical Assistance Project, proposed the legal framework for this regional Fund. The project included advising SAARC Countries on legal framework including establishment/incorporation of the Regional Development Fund, organisation and management and recommending the domicile country keeping in view the best legal and regulatory environment in SAARC countries. In this regard, a detailed review and assessment of legal and judicial system in SAARC countries was carried from the perspective of doing business and country perception among international investors.
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Member of Inaugural Working Group set up by the World Bank, INSOL International and III on Insolvency and Climate Change.
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As international expert and country (India) attended meetings of Working Group V of UNCITRAL in its work on UNCITRAL Legislative Guide on Insolvency. The meetings were also attended by representatives of Ministry of Finance.
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Worked as international legal expert on the World Bank project for establishment of secured transactions registry in Nepal.f Ministry of Finance.
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Worked as international legal expert for the Asian Development Bank project for Capital Market Development Technical Assistance in Sri Lanka including on securitisation of bond market.
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As international consultant to the World Bank, assessed the insolvency and creditors rights system in Sri Lanka as part of ROSC assessment.
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As international consultant to the World Bank, assessed the insolvency and creditors rights system in Nepal as part of ROSC assessment.
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As international consultant to the World Bank, assessed the insolvency and creditors rights system in Pakistan as part of ROSC assessment.
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As international consultant (South Asia) to the OECD, managed the various meetings of the Forum for Asian Insolvency Reform including its 4th meeting held in New Delhi, India in November 2004 on Insolvency and Risk Management in Asia, in partnership with the Ministry of Corporate Affairs. As Indian expert at OECD’s Forum of Asian Insolvency Law in Bangkok and Seoul and wrote paper on insolvency developments in India and non-performing assets in India, respectively.
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Served as regional consultant to the OECD for a comparative analysis and assessment of Risk Management, Credit Information Systems, Institutional Capacity and Role of Regulators and Professions in South Asia.
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Served as an expert representing India on the World Bank Global Forum for Insolvency Risk Management organised in Washington.
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Served as international legal expert on the World Bank project on the Legal and Judicial Environment Assessment in Nepal. This project undertook comprehensive review and made recommendations on improving the legal and judicial system. The areas covered included detailed examination of company law and other laws that impact doing business.
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Invited by the Steering Committee set up by Government of Mauritius for development of insolvency regime, strengthening creditor right and setting up Asset Reconstruction Companies in Mauritius under the World Bank Technical Assistance Programme.
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Served as a member of international expert panel on the World Bank project for the Chinese State Economy and Trade Commission (SETC) titled “Studies on Alternative Approaches to Debt Restructuring of Distressed Enterprises” for Revival of State Owned Enterprises (SOE) in People’s Republic of China in 1997.
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Served as international expert at Forum for Insolvency in Latin America (FILA) held in Rio de Janeiro in June 2004 on Financial Sector Strategies – Credit Access and Risk Management.
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As member of Middle East North Africa (MENA) Task Force on insolvency reforms established by the OECD, World Bank, Hawkamah and INSOL International, championed the insolvency and creditors rights reforms in the MENA region.
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Served as a member of the International Task Force of “Brisbane Initiative” of INSOL International to prepare the International Certification Program of International Insolvency Law & Practice”. Served as an Advisor as part of Practitioners Advisory Group to the Course Committee.
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Invited by H.G. of Jordan under Jordan Upgrading & Modernisation Programme along with Corporate Governance Association of Jordan to conduct a training program on Insolvency and Corporate Governance in Amman in September 2006.
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Member of INSOL project on Employees Entitlements in Insolvency and Directors in Twilight Zone on liabilities and obligations of directors in pre-insolvency period.
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Initiated and steered the formation of the Business Recovery and Insolvency Practitioners Association of Sri Lanka.
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Served as a consultant to the World Bank on their project for undertaking corporate governance assessment of public sector undertakings in India.
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As OECD Expert on Asia Network on Corporate Governance of State Owned Enterprise, assisted the OECD in finalising the guidelines for corporate governance of SOEs.
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Served as Member of India’s National Foundation of Corporate Governance Core Group on Corporate Governance of Small and Medium Enterprises, contributing to evolving governance norms for this sector.
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Private sector member from India on the OECD Task Force on related party transactions and invited to contribute the India chapter for the study.
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Contributed the private sector input from India for stock take exercise of developments in Asian economies in areas of corporate governance published by OECD.
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International Expert on the OECD project on corporate governance of non-listed companies. Served as OECD Researcher on the role of board in corporate governance of non-listed companies.
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Invited as expert on corporate governance to present OECD paper on corporate governance of non-listed companies at 2005 Asia Roundtable on Corporate Governance organised by OECD-World Bank in Bali, Indonesia in September 2005; and Bangkok in September, 2006.
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Invited as international expert on corporate governance by Bangladesh Centre of Corporate Governance at its inaugural international meet organised jointly with Asia Foundation and OECD in Dhaka in July 2005.
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Special Invitee to the OECD led MENA Policy Maker’s Working Group on Corporate Governance in Dubai. International Expert at Asia Roundtable on Corporate Governance held in Bangkok in September 2006.
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Indian expert at UNCITRAL International Colloquium on Commercial Fraud held in April 2004 in Vienna. Invited as South Asia expert as a speaker by UNCITRAL on International Commercial Fraud in October 2005 in Vienna.
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Member of Core Group set by ASSOCHAM to make recommendations on the concept paper on drafting of new Company Law.
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Special Invitee to Company and Allied Laws Committee of Indian Chartered Accountants Institute to make recommendations on the Concept Paper prepared by Ministry of Company Affairs, GoI.
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Served as OECD resource for Global Conference on Better Financing for Entrepreneurship and SME Growth.