Founders and Managing Partners:
The firm was established by Mr. Ankit Parikh and Mr. Rikin Parikh as its founder partners. The firm presently has 2 Partners, who are experienced in the respective areas of specialization.
MR. ANKIT PARIKH
He is the Founder Member of the Firm, a fellow Chartered Accountant, with an experience of over 10 years in the Core Areas of Practice. Being Senior Partner of the Firm, he always has an aim of taking the Firm to Paramount Professionalism. He has always been motivator for the team. He has a charismatic personality and his enthusiasm has always made clients interactions easy.
He is involved in undertaking Statutory Audits and Management Audits for various Listed, Limited and Multi-National Companies. His command over the various Accounting and Auditing Standards helps the Companies in complying with the Standards in the presentation of financial statements in the best possible manner.
Besides having a vast experience in the areas of Audit, he has successfully handled many Search and Seizures Cases in the areas of Direct Taxes. He also appears before the Income Tax Appellate Tribunal for the high pitch of matters successfully delivering the results for the clients.
He is equally involved in the areas of International Tax wherein the matters of Transfer Pricing Study, Audits, Certifications between the Associated Enterprises and Transfer Pricing Assessments of such enterprises are undertaken by him. He is efficiently focusing in this area for various National and International Clients.
On the front of Indirect Taxes especially in the area of Excise and Service Tax his knowledge over the on time Law and its complexity are commendable and uncomparable. His well verse understanding on the provision of Indirect Tax Laws have always helped the Client in complying the with the Indirect Tax issues. Needless to say that his sharp intellectual skill has successfully delivered results in handling the matters of Excise and Service Tax Assessments, Audits, Appeals and Appellate Tribunals.
He has advised many Multi-National Companies on various Corporate Law Matters including but not limited to the Issues of Convertible and Non Convertible Preference Shares, Issues of Debentures and its Redemption, Issues of Options and Warrants and its conversion into Equity Shares.
He is involved in various compliances of FEMA and RBI for the Overseas Companies having entities in India and the Indian Business Entities having organizations outside India. In the areas of FEMA and RBI where constant updates have taken place where Companies are new and the structure is complex, he has unlocked all the complexity and hitches to meet the regulatory requirement of the clients. Whether it is for a New Company bringing Investment in India or remitting funds out of India through FDI or ODI or ECB, he has always made the roadmap easy and simple through his professional excellence for the clients.
Apart from the traditional work, he has helped many Indian Clients in acquiring Overseas Companies. His role in acquiring the Overseas Entity starts from the Advising on the Acquisition till the entire Takeover is completed including but not limited to the Valuation of the Companies. He has undertaken the assignment of Demerger for Companies right from its Inception till the stage, different companies coming into existence. Even the entire work pertaining to the post demerger such as separating the two entities, presenting their Financial Statements, their respective valuation etc is handled by him.
He has successfully completed the Certificate Course of Valuation approved by The Institute of Chartered Accountants of India. Many Multi-National Companies and Corporates have approached him for Valuation of their Companies.
For the matters of Project Finance or Private Equity Placements, he is liasoning arm of the Firm to interact with the Corporate Bankers, Private Players, and Venture Capitalists to crack the deal.
MR. RIKIN PARIKH
He is the Founder Member of the Firm with an experience of over 7 years in the diversified areas of practice. He is the Fellow Member of The Institute of Chartered Accountants of India. He constantly thrives to take the Firm at the Global Level and make it as one of the most renowned firm in the world in the areas of CA Profession. His unrelenting efforts as an expert in the field of CA Profession have ensured that the Clients get consistent, prompt and quality services.
He is involved in various Advisory on the Cross-Border Tax Treaties between two Countries for various clients having International presence. His expertise and intellectual skill on the front of International Tax Structures gives the client the most optimum Tax Planning and Tax Structures for their International Transaction.
Besides having vast experience and expertise in the International Tax Structure, he is equally involved Drafting various Commercial Agreements including but not limited to Shareholders Agreement, Joint Venture Agreement, Share Subscription Agreement, etc. for various Inbound and Outbound investment made by various Client from time-to-time.
He has an immense knowledge, understanding and expertise on the provision of FEMA / RBI and the provision applicable to Non-Resident which allows the Client to successfully comply with the norms of regulatory requirements of Indian Laws.
On the front of Direct Tax, he successfully handles the complex issues before the Assessments Authority and First Appellate Authority. His unconventional thinking and approach of decoding the provisions of Income Tax has resulted in successful handling of various tax matters of Corporate and Individual Clients.
He is equally involved in the undertaking assignment of Tax Audit and Internal Audit for various Listed, Limited and Multi-National Companies. His experience in the understanding of various business procedures/ policies, standard operating procedures have allowed the various clients to strengthen their internal control in the organization in a effective manner. He is also having vast experience in finalizing the books of accounts as per Indian GAAP and IFRS.
In the areas of Indirect Taxes, especially in VAT and CST Act, he possess an expertise knowledge over the provisions of the Act. He has helped the client putting complex issue to simple and resolving the same with desired results. He has successfully delivered results in handling the VAT and CST Assessment, First Appeal Matters, Search and Seizure Cases and Appellate Tribunal Matters.
He equally involves himself in the various advisory and compliances pertaining to the Incorporation of Company, LLP, Partnership Firm, etc, Winding up of Company, LLP, Partnership Firm, etc. He ensures that the regulatory compliances pertaining to the Corporate Laws are complied thoroughly before filing it to the Statutory Authority.
On the Business Restructuring Matters such as Amalgamation and Slump Sale, he involves himself in all front starting from the Tax Planning Matters, Pre and Post Valuation of the Companies, Consolidating the Financial Statements, Drafting of Agreements etc and Appearing before the Authorities such as ROC, RD, Official Liquidator, etc.
In the matters of Project Finance he involves himself in preparing CMA Data, Project Report, Cash Flow Statement, and Budgetary Statement as per the business Requirement/ Proposal of the Client.