Sunteck Realty Limited, a Mumbai-based real estate development company, announced the appointments of Mukesh Jain and Chaitanya Dalal as Independent Directors to its Board, effective September 18, 2021.
According to the company’s exchange filing, “This is to inform you that the Board of Directors of the Company, based on the recommendations of the Nomination & Remuneration Committee, has, inter alia, approved the appointment of Mr. Mukesh Jain (DIN: 01316027) and Mr. Chaitanya Dalal (DIN: 00185847) as Independent Directors (Additional Directors), subject to approval of shareholders of the Company at the ensuing Annual General Meeting for a term of lip to 5 consecutive years effective from 18’h September, 2021.”
Mukesh Jain is an alumnus of Shri Ram College of Commerce, New Delhi. He has a wide experience of nearly 45 years and started his career as a banker and is presently practicing law from his law office at Bandra Kurla Complex. He specializes in the laws relating to Banking, Real Estate & Insolvency. Over a period of years, he has developed further specialization in redevelopment projects, notably slum redevelopment sector. He is empanelled with several nationalized and other banks for legal advice. He is a regular contributor to newspapers and magazines on laws relating to banking, tenancy law, insolvency law and RERA & various facets of real estate sectors. His experience encompasses fields like banking, real estate, infrastructure, steel, hydro carbons and pharmaceuticals to name a few. He is already on the board of directors of companies in road infrastructure and hydro carbons & advises various real estate companies at board level. Over a period of time he has developed expertise in transaction advisory, the statement said.
Chaitanya Dalal, is practicing Chartered Accountant, from Mumbai and is Managing Partner of the firm M/s Chaitanya C Dalal & Co, established in 1984 situated at Nariman Point Mumbai.
His array of professional experience consists of Audits – Statutory, Tax, GST, Statutory Bank Branch Audit, CAG, Concurrent, Quality, Internal Audits of various PSUs, PSU Insurance Company, Listed PSU Bank, Listed Companies including G.I.C and New India Assurance Company; Transfer Pricing Audit-International and Domestic, Income Tax Assessments & Litigation , Business Management Consultancy, etc.
He holds certificate for the Lead Auditor’s Course of ISO 9000 and has worked as Specialist at the ISO Audit of Reserve Bank of India, Department of Government and Bank Accounts. He also holds certificate for Valuation, Advanced International Taxation, IFRS and Audit of Co-operative Society conducted by ICAI. He was also in the teaching profession for about 25 years and was the Head of the Accountancy Department in Bhavan’s College, Chowpatty, Mumbai since 1986.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.