Sumant has acted as an expert advisor or consultant in a large number of high profile international and domestic projects. A sample outline of his advisory and consultancy work is:
- Acted as an international legal expert and advisor appointed by Asia Development Bank to advice on the establishment of the South Asia Association for Regional Cooperation Development 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
- Acted as country expert to the World Bank for its project to conduct detailed assessment of insolvency and creditors rights system under Reports on Observance of Standards and Codes (ROSC) assessment of the Insolvency and Creditors Right System in India
- Acted as IMF senior expert and consultant to review personal insolvency law of Ireland
- Acted as IMF senior expert and consultant to review draft personal insolvency law of Estonia
- Member of expert group commissioned by UNCITRAL and World Bank to develop revised ROSC ICR methodology based on Unified Standards comprising UNCITRAL Legislative Guide on Insolvency and World Bank Principles and Guidelines on Insolvency and Creditor Rights System.
- Acted as IMF senior expert consultant to review corporate insolvency law of Moldova
- Acted as international legal consultant to the World Bank for ROSC assessment of the Insolvency and Creditors Right system in Sri Lanka
- Acted as legal expert to the Comptroller and Auditor General of India in preparing a study report on sickness in Indian state owned enterprises
- Acted as legal expert for the World Bank on its project for Small and Medium Enterprise development and financing in India. In this project, responsibility of expert included detailed assessment of SME framework in India and making recommendations on improving the legal, regulatory and institutional framework for SMEs in India with a view to enhance access to finance.
- Acted as international legal consultant to the World Bank for ROSC assessment of the Insolvency and Creditors Right system in Nepal
- Acted as international legal expert to Asian Development Bank for their Capital Market Development Technical Assistance Project in Sri Lanka including on securitisation of Bond Market
- Acted as international legal expert for the World Bank project for 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.
- Acted as international legal Consultant for Peer Review of the World Bank for ROSC assessment of the Insolvency and Creditors Right system in Thailand
- Acted as World Bank expert on reviewing the legal, institutional and regulatory framework of state-owned enterprises in India to study their corporate governance regime
- Acted as international legal expert for the World Bank project for establishment of Secured Transactions Registry in Nepal
- Appointed as international legal consultant to the World Bank for ROSC assessment of the Insolvency and Creditors Right system in Pakistan
- Acted as international consultant (South Asia) to OECD for 4th Forum for Asian Insolvency Reform held in New Delhi, India in November 2004 on Insolvency and Risk Management in Asia
- Acted as regional consultant to OECD for a comparative analysis and assessment of Risk Management, Credit Information Systems, Institutional Capacity and Role of Regulators and Professions in South Asia
- Acted as international legal expert for the International Finance Corporation project for establishment of Secured Transactions Registry in India
- International Expert on OECD project on Corporate Governance of Non-listed Companies
- OECD Researcher on Role of Board in Corporate Governance of Non-Listed Companies
- Invited for presentation by 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
- On behalf of INSOL India, assisted the Government of India on a study of Indian insolvency regime in the backdrop of UNCITRAL Legislative Guide on Insolvency
- 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 Peoples Republic of China.
- Member of International Task Force of "Brisbane Initiative" of INSOL International to prepare the International Certification Program of International Insolvency Law & Practice". Currently Advisor as part of Practitioners Advisory Group to the Course Committee
- Acted 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
- Acted as Indian expert at OECD’s Forum of Asian Insolvency Law (FAIR) in Bangkok and Seoul and wrote paper on Insolvency Developments in India and Non Performing Assets in India, respectively
- Member of INSOL International project on Recognition and Enforcement of Cross-Border Insolvency
- Provided inputs from INSOL India to INSOL International on the UNCITRAL project of drafting the UNCITRAL Legislative Guide on Insolvency
- 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
- Member of INSOL project on Employees Entitlements in Insolvency and contributing from India
- Indian expert at World Bank Global Forum for Insolvency Risk Management organised in Washington in January 2003
- Member of INSOL International project - “Directors in Twilight Zone” on liabilities and obligations of Directors
- On behalf of INSOL India, assisted the Government of India on a study of Indian insolvency regime in the backdrop of UNCITRAL Legislative Guide on Insolvency
- Initiated and steered the formation of the Business Recovery and Insolvency Practitioners Association of Sri Lanka
- Initiated and steered the formation of Nepal Insolvency Practitioners Association
- Working in Malaysia, Dubai, Indonesia, Vietnam, Bangladesh and Pakistan for developing the profession of Insolvency
- Member of Middle East North Africa (MENA) Task Force on Corporate Governance of State Owned Enterprise – established by MENA countries together with Hawkamah, OECD & IFC (World Bank Group)
- Represented INSOL at Hawkamah-OECD-IFC-MENA countries meeting on Working Group on Corporate Governance held in Dubai on 22 November 2007
- OECD Expert on Asia Network on Corporate Governance of State Owned Enterprise (SOEs) and is assisting OECD in finalising the guidelines for corporate governance of SOEs
- 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
- Private sector member from India on OECD Task Force on Related Party Transactions and invited to contribute the India chapter for the study
- Contributed the Private Sector Input from India for Stock Take exercise of developments in Asian economies in areas of corporate governance published by OECD
- 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
- 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
- Commissioned by International Banking & Finance College, Hyderabad and Philadelphia University to undertake a Research Paper on Corporate Governance of SOEs in South Asia
- Special Invitee to OECD led MENA Policy Maker’s Working Group on Corporate Governance meeting held in Dubai on 22nd November, 2007
- International Expert at Asia Roundtable on Corporate Governance held in Bangkok in September 2006.
- 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
- Member of Core Group set by ASSOCHAM to make recommendations on the Concept Paper on drafting of new Company Law.
- 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, Government of India
- OECD India resource for Global Conference on Better Financing for Entrepreneurship and SME Growth
