Umesh Maskeri

Experience

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  Indian Bank

  Jul 1978 - Aug 1987

  Senior Manager
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  Konkan Railway Corporation Limited

  Aug 1991 - Apr 1994

  Company Secretary and Legal Head
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  Central Depository Services (India) Limited

  Apr 1999 - Aug 2007

  Vice President Legal, Company Secretary and Compliance Officer

  • Responsible for all legal matters relating to the Depositories Act and other legislations.• Making Representations before SEBI and obtain their approvals for various amendments to Bye laws, Operating Instructions and Tariffs and agreements from time to time and introduction of arbitration mechanism• Compliance with provisions of Depositories Act, Depositories regulations, SEBI Act, guidelines, circulars etc.• Monitoring the compliance by the users like Depository Participants, Issuers of the various requirements prescribed from time to time, liason with SEBI• Arranged for inspection/audit of over 530 locations of the Depository Participants /branches all over India and arrange follow action Show less

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  Tata Securities Limited

  Apr 1999 - Jul 2007

  Vice President Legal, Company Secretary & Compliance Officer

  • Company Secretarial functions like conducting Annual General Meetings, board meetings, Notice, Agenda and minutes of the meetings, Maintenance of statutory registers, filing of forms with Registrar of Companies. Merger, amalgamation and restructuring.• Responsible for all legal functions relating to the business segments including offering clarifications, interpretations, vetting of agreements, contracts etc. pertaining to the different activities carried out and proposed to be carried out by the group, filing the arbitration cases before the stock exchanges, relevant court of laws and initiate recovery proceedings from the defaulting clients• Obtained approval from High Court of Bombay for amalgamation of Tata Capital Markets Limited with the Company• Launched litigation cases against clients for recovery of dues. Successfully obtained favorable judgments from High Court of Bombay and Delhi for recovery of amount for Rs. 6.5 crores including attachment of assets and Bank Accounts, entering into one time settlement• Obtained 14 favorable arbitration awards from the arbitration panels of BSE Mumbai, BSE Delhi, NSE Delhi, BSE Chennai and NSE Chennai with a success rate of 100%• Compliance Officer and ensuring the regulatory compliance with SEBI, Stock Exchange, Depository and AMFI guidelines for Merchant Banking, Stock Broking, Depository Participant, Portfolio Management, Margin Trading and distribution of mutual fund units and other third party financial products • Principal Officer for Prevention of Money Laundering Act• Monitoring of implementation of Code of Conduct for insider trading and granting preclearance for employees as Compliance Officer Show less

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  Practicing Company Secretary

  Apr 2014 - now

  Vice President - Legal, Compliance & Company Secretary

  Engaged in various functions as a Practicing Company Secretary and ensuring completion of Company Law formalities for user companies like holding board meetings, Annual General Meetings, Preparation of Agenda, Notice, Minutes, Filing of Forms with Registrar of Companies. Ensuring regulatory compliance with the various regulatory compliances stipulated by the Securities and Exchange Board of India, National Stock Exchange of India, Bombay Stock Exchange, National Securities Depository Limited, Central Depository Services India Limited on day to basis; Functioned as a Scrutinizer for Annual General Meetings for e-voting and physical ballot; Conducting internal audit of stock broking and depository participant operations as per SEBI guidelines; Inspection of branches. Handling Secretarial Audit and other certification of forms, statements etc. Engaged in various activities like fund raising and other capital market activities for issuers and completion of formalities relating to merchant banking activities, insider trading and takeover codes. Engaged in all types of agreements and deeds. Engaged in formation, issue of shares, merger and amalgamation activities. Show less