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System 02 · DRS
Dispute Resolution Systems

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More than 45 years of hard core Engineering, Heavy Industries, Finance, Insurance & Contracts Surveying experience in Indian and International arena with incredible achievements. The core area of expertise spans from Cement Plants, Oil Refineries, Fertilizer Plants, Automobile Industries, Thermal, Hydro, Solar & Windmill Electric Power Plants, Cold Storage, Heavy Engineering, Chemical Plants and Mines etc.

LIST OF ACHIEVMENTS:
  • Have rendered expertise on various requests from Government of India as SoD.
  • Vast experience in the area of Engineering, Insurance, Finance & Contracts.
  • Well aware of Quality control processes and financial audits for industry.
  • Adept in Strategy formulation, execution, business performance reviews, overview of production operations of cement plants, financial management etc.
  • Experienced in Risk Assessment and Risk Mitigation consulting
  • Define Group Values and Code of Conduct.
  • Strong Leadership qualities.
  • Strong Budgeting, Planning and co-ordination skills.
  • Attention to detail – strong process orientation; providing and encouraging thought leadership.
  • Strong at Organization building initiatives and effective people management
  • Generation of ideas for new products, markets and present and discuss them with the strategic affairs committee.
  • Government certified Solar Plant Expert.
  • Conciliation & Arbitration in commercial & contract disputes to mutual satisfaction of both parties.
  • Positions held: Worked in Engineering Industry from 1972 to 1980.
Industry in various capacities.
  • Experience of steel pipe fabrication unit. Plant incorporating civil works, pipe-work & equipment setting, steel framed racks, bridges ad ancillary structures and external works.
  • Controlling all commercial aspects of the above project/ work to completion
  • Responsible for entire engineering team and estimating functions on this fabrication plant and assembly station.
  • Subcontract coordination progress and account.
  • Change order assessment and evaluation of contractual claims, both time and cost based.
  • Final sign-off of account and financial close out report.
  • Administration of subcontracts accounts, cost control, system design and implementation, planning and specification monitoring, final account assessment and agreement.

Employer: The New India Assurance Co. Ltd., Mumbai/Delhi (1980 to 1981)

Positions

held: Engineer in Engineering Department
Self Employed: Insurance Surveyor & Valuation 1981 onwards.

  • Senior partner in A.K. Govil & Associates, an accredited firm for survey and loss assessment of Insurance Claims, Valuation of Buildings and Plants/Machineries.
  • Incorporated M/s MACK Insurance Surveyors Pvt. Ltd in 2006 along with Mr. Chandra Kiron Bakshi and Mr. Chandra Mohan Bakshi of M/s MP Bakshi Surveyors Pvt. Ltd. The company is now renamed as M/s MACK Insurance Surveyors & Loss Assessors Pvt. Ltd. In a span of almost forty years in the profession, have personally carried out assessment/ adjustment of losses as given below.
ARBITRATION & CONCILIATION
  • Have handled cases in contractual disputes between large corporates & made them to resolve mutually most of the issued & rest have been arbitrated to their mutual satisfaction.
  • Have handled commercial disputes between manufacturers & distributers.
  • Have handled insurance claims dispute between Indian leading insurers & their claimants.
ACHIEVEMENTS AND AWARDS
  • Former Chairman - Bharatiya Yuva Shakti Trust (BYST) Committee for Entrepreneur selection, under the aegis of Confederation of Indian Industry (CII) for promotion of self-upliftment of young, under privileged entrepreneurs.
  • Former Member - Insurance Regulatory & Development Authority (IRDA) Committee, formed for promotion of profession of Insurance
  • Surveyors and Loss Assessors in India.
    Former Member - Joint Committee of BYST and International Financial Corporation, (IFC) Washington, USA for funding of entrepreneurs in India.
  • Former Member – Indian Institute of Insurance Surveyor & Loss Adjuster (IIISLA), the only academic body of Insurance Surveyors and Loss Assessors in India.

Background and Education +

  • B.Tech. Mechanical from IIT (Indian Institute of Technology) Bombay.(Degree-1972) Institute of Valuers.(Membership)
  • Chartered Engineer & Fellow Member.(Institute of Engineers)
  • Chartered Engineer Certification for MNRE (Ministry of New & Renewable Energy) (Membership).
  • Certified valuer for Insolvency and Bankruptcy Board of India (IBBI).
  • Certified valuer for Central Board of Direct Taxes (CBDT).
  • Life Member, Insurance Institute of India.(Mumbai)
  • Fellow Member of Indian Institute of Insurance Surveyors & Loss Assessors.(Hyderabad)

Tags +

ArbitrationMediation