-Chandigarh.jpg "NTC hires CHAIRMAN & MANAGING DIRECTOR (CMD)-Chandigarh")
COMPANY PROFILE:
National Textile Corporation Limited (NTC) was incorporated under the Indian Companies Act, 1956 with the objective of managing the affairs of sick textile undertaking taken over by the Government under the three Nationalisation Acts viz; The Sick Textile Undertakings
(Nationalisation) Act, 1974, The Swadesh Cotton Mills Company Limited (Acquisition and Trasfer of Undertakings) Act, 1986 and The Textile Undertakings (Nationalisation) Act, 1995. NTC is a Schedule ‘A’ CPSE under the administrative control of Ministry of Textile.
NAME OF THE PSU: National Textiles Corporation LIMITED
NAME OF THE POST: CHAIRMAN & MANAGING DIRECTOR (CMD)
DATE OF VACANCY: 01 - 06 - 2013
SCHEDULE OF THE CPSE: 'A'
SCALE OF THE POST: Rs. 80,000-1,25,000/-
JOB DESCRIPTION AND RESPONSIBILITIES:
The Chairman and Managing Director is the Chief Executive of the Corporation and accountable to its Board of Directors and Government of India. He is responsible for the efficient functioning of the Corporation for achieving its corporate objectives and performance parameters.
ELIGIBILITY:
I. AGE: On the date of occurrence of vacancy
(i) Minimum 45 years.
(ii) Not more than 56 years for internal candidates and not more than 55 years for others.
The age of superannuation is 58 years.
II. QUALIFICATION AND EXPERIENCE:
The applicant should be a graduate from a recognized university/institution with good academic record. He should possess adequate experience at a senior level of management in a large organisation of repute. Persons with Technical/MBA qualifications and having experience in management and familiarity with Finance, Marketing/Production will have added advantage. Knowledge of Textile industry is desirable.Provided that minimum qualification is relaxable in the case of internal candidates with
sound and adequate background and experience.
III. PAY SCALE/TURNOVER:
(a) Central Public Sector Executives.
Executives holding posts in the pay scale of:
(i) Rs. 7250-8250/-(pre 1.1.1992 scale) with
(ii) Rs. 9500-11500/-(post 1.1.1992 scale) Industrial
(iii) Rs. 20500-26500/- (post 1.1.1997 scale) DA
(iv) Rs. 51300-73000/- (post 1.1.2007 scale)
or
(v) Rs.18400-22400 with Central DA.(pre-revised)
(vi) Rs.37400-67000 with Grade Pay of Rs.10,000/- (Revised 1.1.2006)
The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy.
(b) State Public Sector Executives:
Executives working in companies where the annual turnover is in excess of Rs. 100 crore.
(c) Private Sector Executives:
In order to apply Private Sector Executives must fulfill all the three criteria listed below:
(i) they should be working in companies where the annual turnover is in excess of Rs.100 crore;
(ii) they should be working in private companies listed on the Stock Exchange; and
(iii) they should be working at a Board level position or reporting directly to a director on the Board i.e. one level below Board level.
(d) Government Officers:
Provided that notwithstanding the qualifications and experience prescribed, officers of the level of Joint Secretary in Govt. of India or on equivalent scale of pay or Major General in the Army or equivalent rank in Navy/Air Force, on the date of vacancy will be eligible for consideration on immediate absorption basis.
DURATION OF APPOINTMENT:
The appointment shall be for a period of five years or upto the date of superannuation
whichever is earlier.
SUBMISSION OF APPLICATIONS:
Prospective candidates from the Central Public Sector and Government officers shall send their applications, through proper channel, in the format at Annexure I.
State Public Sector Executives/Private Sector Executives shall submit their applications, in the format at Annexure II, along with
(i) a write up on the significant contributions made by them during their present/past assignments and their suitability for the post.
(ii) the annual report for the last audited financial year, or annual
turnover figures duly certified by the Company Secretary/CFO.
(iii) The applications for various categories of the officers are routed
through proper channel as follows:
a. for Government Servants through Cadre Controlling authority.
b. For CMD’s/MD’s/Director’s in CPSE, the concerned administrative Ministry.
c. For below Board level in CPSE, the concerned CPSE.
d. For CMD/MD in State PSE, State Government.
e. State PSE/State Joint Venture, the concerned SPSE
In addition to the above, Private Sector Executives must submit the following
documents alongwith the application form.(i) Attested copies in support of age and qualifications;
(ii) Annual Reports of the Company for the last 5 years;
(iii) Evidence of listing on the Stock Exchange;
(iv) Evidence of working at Board level or reporting directly to a director on the Board i.e. one level below Board level;
(v) The details of Job handled in the past with details/particular references.
State Public Sector Executives must route their applications through proper channel.
CERTIFICATION BY CANDIDATE:
a) Candidate has to submit his/her willingness for the post at the time of interview itself clearly stating that he/she will join the post, if selected. If any candidate, does not initially give his/her willingness, he/she will not be interviewed.
b) If any of the candidates who appeared for the interview and is selected by the PESB, gives his/her unwillingness after the interview is held, but before the appointment is processed, would be debarred for a period of two years for being considered for a Board level post in any PSE other than the one to which the candidate belongs.
c) If any candidate gives his/her unwillingness after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment from being considered for a Board level post in any PSE other than the one to which the candidate belongs.
d) In the above cases, no request for relaxation or otherwise would be entertained. Annexure-I and Annexure-II may be downloaded from the website of PESB.
NOTE: Last date of receipt of applications in PESB is 15TH April, 2013.
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