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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
Hagler Bailly, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
405183104
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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SCHEDULE 13G
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CUSIP No. 405183104
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1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Vinod K. Dar
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
Not Applicable
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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- --------------------------- ------ -------------------------------------------
5 SOLE VOTING POWER
468,631
NUMBER OF
------ --------------------------------------------
------ --------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
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------ --------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 468,631
PERSON
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------ -------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
468,631
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 405183104
--------------------------------------
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Item 1(a) Name of Issuer:
Hagler Bailly, Inc. (the "Issuer").
(b) Address of Issuer's Principal Executive Offices:
1530 Wilson Boulevard, Suite 900
Arlington, Virginia 22209
Item 2: Name, Address and Citizenship of the Person Filing:
This statement is being filed by Vinod K. Dar, an individual,
whose business address is 1530 Wilson Boulevard, Suite 900,
Arlington, Virginia 22209. Vinod K. Dar is a citizen of the
United States.
This filing relates to the Common Stock, par value $0.01 per
share, of the Issuer, the CUSIP number of which is 405183104.
Item 3: Capacity in Which Person is Filing:
Not applicable.
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CUSIP No. 405183104
--------------------------------------
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Item 4: Ownership:
As of December 31, 1997, Henri-Claude Bailly beneficially
owned in the aggregate the following:
(a) Amount Beneficially Owned:
468,631
(b) Percent of class:
5.6%
(c) Number of shares to which such person has:
(i) Sole power to vote or to direct the vote:
468,631
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the
disposition of:
468,631
(iv) Shared power to dispose or to direct the
disposition of:
0
Item 5: Ownership of Five Percent or Less of Class:
Not applicable.
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CUSIP No. 405183104
--------------------------------------
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Item 6: Ownership of More than Five Percent on Behalf of Another
Person:
Not applicable.
Item 7: Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
----------------------------------------------------------
Holding Company:
---------------
Not applicable.
Item 8: Identification and Classification of Members of the Group:
Not applicable.
Item 9: Notice of Dissolution of Group:
Not applicable.
Item 10: Certification:
Not applicable.
<PAGE>
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CUSIP No. 405183104
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: February 11, 1998 /s/ Vinod K. Dar_____________________
-------------------------------------
Vinod K. Dar
