Madan SHARMA

Experience

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  MAHANAGAR TELEPHONE NIGAM LIMITED

  Mar 1999 - Jul 2008

  GENERAL MANAGER/LEGAL ADVISOR

  • Legalo Headed the Legal Department of MTNL for more than 18 years and was responsible for handling legal matters and monitoring cases before Trial court to the Supreme Court, TDSAT and other FOR A’s.o Briefed Govt. Law officers, Attorney General and Solicitor General, Sr. Counsels in important cases.o Handled Regulatory cases and cases before Telecom Disputes Settlement & Appellate Tribunal.o Besides defending large number of arbitration cases for the company, has also acted as an arbitrator in the matters pertaining to DOT, FCI, MMTC / SAIL etc. Due Diligence • Conducted legal due diligence of the Suntel (a telecom company based in Srilanka) for acquisition of 100% equity stake. Achievements: • Recovered an amount of Rs.342 crs from a major telecom operator of India on account of losses suffered by MTNL due to illegal routing of ISD Calls. • Noida Land Project: Being a part of steering committee of Noida Land Project, instrumental in negotiating terms of agreement with M/s. IDEB. The company earned Rs.48 crs during the year 2007-08 in this deal. • Sales Tax Matters: Writ petitions pending for sales tax liability to the tune of about Rs.958 Crs for Delhi and Rs.239 Crs for Mumbai respectively were decided in favour of MTNL by Hon’ble Supreme Court of India. • Member of Task Force responsible for development of various JV Proposals.• General Administrationo Looked after overall General Administration of MTNL, Delhi Unit having a workforce of approx. 23,000 employees. • Human Resource Planningo Manpower rationalization- Successfully redeployed surplus manpower. • Organizational Restructuring o Improved Company’s Asset Management System• Industrial Relationso Evolved elements of industrial peace in an otherwise turbulent environment with +20 Trade Unions(TU)/Associations and other interest groups. Show less

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  The State Trading Corporation of India Ltd

  Jul 2008 - Jun 2014

  He is currently the Head of Personnel, Administration, Branch Operations, Legal, Agro Division, Tea Business and Corporate Communications Divisions of STC. Member of the Committee of Functional Directors which formulates the overall business strategy and oversees its execution.Key Responsibilities-LEGAL • Corporate Advisory o As head of the legal department, advising the business on Trade, Trade recoveries, Compliance including negotiations of contracts, structuring of transaction etc• Legal Compliance o Drafting, Vetting and Negotiations in respect of various documents including Contracts and Commercial Agreements like Cargo Handling Agreements, Non- Disclosure Agreements, Service Agreements, Lease Deeds, Deeds of Mortgage and Hypothecation, Share Pledge Agreement, Power of Attorney, MOU, Corporate guarantee, Personal guarantee• Legal Supporto Legal Support to Domestic and Offshore Business Development of International Trade in STC – Analysis of relevant domestic/foreign (host country)/international legal and contractual framework and carrying Due Diligence in respect thereto.Achievements• In a dispute with overseas Company wherein the transaction worth Rs.1800 Crs went bad and resulting into multifarious litigation. By strategizing, STC entered into conciliation agreement which facilitated deemed decree of almost $375 million, as a result company secured substantial amount.• STC being a nodal agency for Rupee Trade with Iran, entered into business agreements worth Rs.2300 Crores with leading manufacturers of India after due deliberations and negotiations on contract terms.HUMAN RESOURCE MANAGEMENT• Employees’ Development Activities (HRD)• Career Management & Employee Engagement• Employee Relations/ Industrial Relations Management • Talent Acquisition/ Recruitment & SelectionGENERAL ADMINISTRATION, BRANCH OPERATIONS & MARKETING Show less

  • DIRECTOR (PERSONNEL & LAW)

    Jul 2008 - Jun 2014

  • Director (HR &Law)

    Jul 2008 - Jun 2014
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  Self-employed

  Aug 2014 - now

  Arbitrator