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This profile was last updated on 2/21/2009 and contains contributions from the  Zoominfo Community.

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Wrong Alok Dhir?

Alok Dhir

Founding Director

DDARC

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Background Information

Employment History

INSOL India


Director

JK Cement Ltd


Affiliations

Dhir & Dhir Associates

Founding Member


Core Group

Member


ASSOCHAM

Member


Federation of Indian Chambers of Commerce and Industry

Member


Indian Council of Arbitration

Member


AAIFR/BIFR Bar Association of India

Member


Indo-American Chamber of Commerce

Member


CII

Member


PHD Chamber of Commerce

Member


Education

Bachelor of Laws degree

Delhi University


Web References(29 Total References)


:: Dhir India Investment plc ::

www.dhirindia.com [cached]

The Company has an experienced board of five non-executive Directors, all of whom are independent of the Manager, except for Alok Dhir.
Shiva is controlled by Alok Dhir, the managing partner of Dhir & Dhir Associates ("DDA") and a leading legal practitioner with over 20 years experience in corporate and industrial insolvency law in India. Mr Dhir also controls the Dhir Group of companies which, in addition to DDA also comprises Dhir & Dhir Asset Reconstruction & Securitisation Company Limited and Turnaround Consultants Private Limited, all of which specialise in various aspects of asset reconstruction and turnaround. Mr Dhir along with his associates has successfully invested approximately $14 million of their own money in distressed companies and will be the lead investment advisor to the Company. He has undertaken to co-invest in each of the investments made by the Group an amount equal to 5% of such investment, with a committed maximum aggregate amount of £1.25 million. He along with his associates may however co-invest up to 25% into such investments at his sole discretion. Additionally, Mr Dhir will co invest, with Dhir India, into a subsidiary non banking financial company (NBFC), which will be established or acquired after Admission, and is intended to be utilised for providing financing to investee companies. Mr Dhir will invest 50% of the non-banking finance company, which is to be capitalized to the extent of $0.5 million, with the balance provided by Dhir India. With his investment into transactions and his investment into Dhir NBFC, Mr Dhir's committed co-investment will be £1.5 million. Commenting, Alok Dhir of Dhir India, said: "Our experience of dealing with underperforming assets in India convinced us that this is a market where there are numerous opportunities to create value and the fact that we have raised £25 million from such a select group of shareholders underpins that belief. Alok Dhir, aged 46 - Non-executive Director Mr Dhir qualified as a Chartered Accountant in 1983, qualified as a lawyer in 1985 and has practised insolvency law since 1987. He established Dhir & Dhir Associates in 1993. In addition, Mr Dhir is founding Director of DDARC. Over 20 years of experience in the sector has enabled Mr Dhir to build up an extensive network of relationships as well as an in-depth understanding of both lenders' risk sensitivities and borrowers' requirements. Mr Dhir is also a successful private investor in Indian distressed assets. In addition to Alok Dhir and members of his family, the directors of the Manager are: Alok Dhir is a director of, and along with his associates, 49 per cent. shareholder in, DDARC. DDARC is one of three ARCs in the private sector that have been granted licences by the RBI in India, there being only six licensed ARCs in total.ARCs are special distressed asset resolution and reconstruction entities licensed under the SARFAESI Act and can enforce security in accordance with the SARFAESI Act without the need to obtain court approval, thereby enabling them to resolve NPAs. Turnaround Consultants Private Limited ("TCPL") Incorporated in 2005, TCPL operates as a resolution agency dealing with distressed assets and assists banks, asset reconstruction companies and other stakeholders in distressed assets as their asset resolution agent. This includes assisting them in the acquisition of financial assets, enforcement of security (including acquiring the physical assets underlying the security) and negotiation with other creditors for aggregation or resolution of the financial asset. Alok Dhir, along with his associates, is the beneficial owner of 100 per cent. of TCPL. Any services provided by members of the Dhir & Dhir Group to the Group will be on an arm's length basis. Each of the above Dhir & Dhir Group entities will be independent of the Group and will also have transactions with, and provide services to, clients other than the Group. Alok Dhir, Director Mr Dhir qualified as a Chartered Accountant in 1983, qualified as a lawyer in 1985 and has practised insolvency law since 1987. He established Dhir & Dhir Associates in 1993. In addition, Mr Dhir is founding Director of Dhir & Dhir Asset Reconstruction Company (DDARC). With over 20 years of experience in this sector has enabled Mr Dhir to build up an extensive network of relationships as well as an in-depth understanding of both lenders' risk sensitivities and borrower's requirements. Mr Dhir is also a successful private investor in Indian non performing assets.


:: Dhir India Investment plc ::

www.dhirindia.com [cached]

Alok Dhir, Director
Mr Dhir qualified as a Chartered Accountant in 1983, qualified as a lawyer in 1985 and has practised insolvency law since 1987. He established Dhir & Dhir Associates in 1993. In addition, Mr Dhir is founding Director of Dhir & Dhir Asset Reconstruction Company (DDARC). With over 20 years of experience in this sector has enabled Mr Dhir to build up an extensive network of relationships as well as an in-depth understanding of both lenders' risk sensitivities and borrower's requirements. Mr Dhir is also a successful private investor in Indian non performing assets.


:: Dhir India Investment plc ::

www.dhirindia.com [cached]

Alok Dhir,Non-exective Director
Alok Dhir, Non-executive Director Mr Dhir qualified as a Chartered Accountant in 1983, qualified as a lawyer in 1985 and has practiced insolvency law since 1987. He established Dhir & Dhir Associates in 1993. In addition, Mr Dhir is founding Director of Dhir & Dhir Asset Reconstruction Company (DDARC). With over 20 years of experience in this sector has enabled Mr Dhir to build up an extensive network of relationships as well as an in-depth understanding of both lenders' risk sensitivities and borrower's requirements. Mr Dhir is also a successful private investor in Indian non performing assets.


:: Dhir India Investment plc ::

www.dhirindia.com [cached]

In addition to Alok Dhir.
Alok Dhir, Director Mr Dhir qualified as a Chartered Accountant in 1983, qualified as a lawyer in 1985 and has practised insolvency law since 1987. He established Dhir & Dhir Associates in 1993. In addition, Mr Dhir is founding Director of Dhir & Dhir Asset Reconstruction Company (DDARC). With over 20 years of experience in this sector has enabled Mr Dhir to build up an extensive network of relationships as well as an in-depth understanding of both lenders' risk sensitivities and borrower's requirements. Mr Dhir is also a successful private investor in Indian non performing assets.


J.K Cement

www.jkcement.com [cached]

Mr. Alok Dhir


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