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    ABOUT THE FIRM

    "CHANDER PARKASH & CO. is a PARTNERSHIP FIRM in India and was firstly established by Mr. Chander Parkash (senior partner) in the year 1991 as a proprietorship concern but after 1st April 2013, it has been converted into a partnership firm with an objective of providing a wide range of auditing and financial services to our clients.

    It is a team of distinguished chartered accountants, corporate financial advisors and tax consultants. Our firm of dedicated professionals aim at providing specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced personnel who are committed to add value and optimize the benefits accruing to clients.

Chander Parkash

Qualifications: B.COM (HONS.), F.C.A.
Specialization: Assurance, Taxation, Appeals, Audit, GST
Cell: 9810056108
E-mail: cp@chanderparkash.com

He is the senior most partner of the firm who has established this firm in 1990. He has a vast experience in income tax matters and has been handling regular assessment, search & seizure, CIT(A) and ITAT cases. He has been conducting Statutory & Tax Audit, Internal Audit of Large & Medium ScaleLimited Companies. Moreover, he has also carried out Bank Audits and provided services and consultancy in the field of accounts, income tax & company law matters. And has experience of over a decade. He is a founder member of the firm and his knowledge and expertise in structuring the complex financial situations. His forte is to assist clients to grow their business in sound financial and regulatory compliant environment.

Dishant Khatter

Qualifications: B.COM (HONS.), A.C.A. Specialization: GST, Internal Audit, SOX, Taxation, Assurance and Audit
Post-Qualification Experience: 2+ Years
Cell: 9810056108
E-mail: dishant@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2016. He is the youngest partner of the firm and independently handles the various statutory audit. He brings in new and useful insight into the company and adds to the productivity. He has carried out various audits and provide specialised consultancy services. He has experience of working in listed companies and handling their various audit engagements. His experience in handling big company’s various engagement with respect to indirect tax, internal audit, compliance audit, process development etc. has helped the firm to enhance their quality of services and effectiveness of work. He has earlier worked in one of the BIG4 firms. He has also been part of Statutory Bank audits. He has been playing an active part in assisting entities with GST implementation and restructuring their business model to minimise the financial impact of GST and maximise the benefits of it.

Amit Kumar

Qualifications: B.COM (HONS.), A.C.A. Specialization: Direct Tax Litigation
Post-Qualification Experience: 4+ Years
Cell: 9599313033
E-mail: amit@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2014. He is a young partner of the firm and independently handles the income tax assessment, appeals, investigation, survey and search & seizure cases. He brings in new and useful insight into the company and adds to the productivity. He has experience of handling the income tax cases of various listed companies. He advises several overseas, domestic and multinational clients operating in diverse sectors including auto-ancillary industry, automobile, aviation, hospitality, Information Technology, infrastructure projects, investment funds, media and entertainment, pharmaceutical sector, retail, real estate, and telecommunications. Armed with more than 4+ years of experience on various taxation matters, he has also hands on experience of carrying through its advice to implementation and successful defense of such advice before Tax Authorities. The Tax Practice Group has also pioneered out of the box thinking to provide innovative solutions for tax optimization and risk mitigation. He has been successful in defending many of its clients at various fora including the Commissioner of Appeals, Dispute Resolution Panels, Income Tax Appellate Tribunals, etc.

TEAM

"Our team is trained to perform the assigned task with honesty, integrity and dedication. Having good public relation skills and satisfying client's grievances are their main priority. They also make sure the efficiency and effectiveness of work is maintained. Total number of staff members with classification is stated below:-

The office infrastructure is built with a view to provide smooth operation of assignments. Moreover, there are separate cabinets for different tasks to ensure hassle free working environment. Also, a server has been installed for timely backup of data and to reduce data loss and redundancy.

15

SUPPORT STAFF

10

PROFESSIONALS

10

ASSURANCE SERVICE PROVIDERS STAFF

COMPUTERISATION

More 25+ systems equipped with various assurance softwares used nation wide

WORK EXPERIENCE

STATUTORY AUDIT

The firm is engaged in statutory audit of various limited and private limited companies which are manufacturers, traders, export houses, service provider etc. including group of companies having turnover of more than 250 crores.

TAX AUDIT

Tax audits of various companies, partnership firms and proprietorship concerns are conducted timely.

COMPANY LAW MATTERS

The firm also does Roc work like formation of companies, maintaining statutory books and records of companies, drafting minutes thereof etc. for its clients. DIRECT TAXES Preparation of income tax returns, wealth tax returns, representation of scrutiny cases & appeals are also done at the workplace.

MANAGEMENT SERVICES

Preparation of project reports for term loans and working capital limits from various banks and financial institutions are also done.

BANK AUDIT

The firm has experience of conducting statutory audit of several branches of Punjab National Bank.

CONSULTANCY

The firm has great expertise in providing consultancy related to tax planning, tax returns and filing, internal management and financial issues.

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SERVICES

AUDIT

  • Statutory and Tax Audit
  • Financial Institution and Bank Audits
  • Internal Audit
  • Stock Audit

ACCOUNTING

  • Preparation of accounts as per Accounting Standard.
  • Computerized accounts with inventory.
  • Computerized accounts with vat, service tax and TDS

FIRMS, SOCIETIES AND TRUST

  • Drafting of Partnership and Trust Deeds
  • Formation and Registration
  • Registration under Income Tax & Act

START UP VENTURES

  • Identifying appropriate entry route
  • Formation of Legal Entity in India i.e. Incorporation of a company and preparation of Memorandum and Articles of Association and other legal support.
  • Due diligence reviews
  • Regulatory approvals
  • Including Foreign Investment Promotion Board (FIPB), Reserve Bank of India (RBI), Secretariat of Industrial Approval (SIA), Registrar of Companies (ROC) and other concerned authorities
  • Representative office Facility
  • During the 'in transit period' support for office infrastructure and manpower is provided to the company

OTHER SERVICES

  • Outsourcing of accounts and payroll functions of organizations.
  • Investment Planning and tax restructuring for individuals so as to optimize their return on investment and minimize the tax burden.
  • Allotment of Collection Centre of Income Tax Returnsin Delhi to chartered Accountants and Advocates for franchisee of E-return Intermediary.
  • Certified Filing Centrefor online filing of e forms under MCA21Project of Ministry of Company Law Affairs.
  • Procurement of Digital Signaturesof TATA Consultancy Services CA mandatory for e filing of Income Tax Return by all Corporate Entities and e Forms under MCA21 Project.
  • Procurement of Director Identification Number (DIN)

INCOME TAX & FBT

  • Tax Planning and Consultancy
  • Search and Seizure cases
  • Appeals before CIT and ITAT Delhi.
  • Facility to accept and loading of E-return of Income
  • Quick Processing and Timely Refund
  • Bulk filing of Income Tax Returns of employees of Companies and other business entities.
  • Preparation and filing of Income Tax/ Wealth Tax returns with statement of accounts of individuals, HUFs, Partnership Firms, Trusts/Institutions and Companies.
  • Preparation and submission of E-TDS returns

NON-RESIDENT TAXATION AND FEMA

  • Tax Advisory Services and filing of e-Tax returns
  • Setting up a Branch office/ Liaison office/ Project office in India
  • Banking and Remittances
  • Investment advisory support

COMPANY LAW MATTERS

  • Approval of name for New Company
  • Formation and alteration
  • Matters related to ROC and CLB
  • Maintenance of Statutory Records
  • Planning and consultancy
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ENQUIRY

HEAD OFFICE

207, PADMA TOWER - II,22 RAJENDRA PLACE NEW DELHI - 110088.

EMAIL: office@chanderparkash.com

PARTNERS: cp@chanderparkash.com, dishant@chanderparkash.com

MOBILE: 9810056108

PHONE: 011-25731059, 011-25731060, 011-41539570

FAX: 011-25741070

CONTACT FORM

GOT A QUESTION? WE'D LOVE TO HEAR FROM YOU. SEND US A MESSAGE AND WE'LL RESPOND AS SOON AS POSSIBLE.

 
     
   
 
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Companies_Rules_2014
Section / Rule Number   Content   
 
Part I- 1. Short title, commencement and application
Part I- 2. Definitions
Part II- 3. Petition for winding up
Part II- 4. Statement of affairs
Part II- 5. Admission of petition and directions as to advertisement
Part II- 6. Copy of petition to be furnished
Part II- 7. Advertisement of petition
Part II- 8. Application for leave to withdraw petition
Part II- 9. Substitution for original petitioner.
Part II- 10. Procedure on substitution
Part II- 11. Affidavit-in-objection.
Part II- 12. Affidavit in reply.
Part II - 13. Applicability.
Part II- 14. Appointment of provisional liquidator or Company Liquidator
Part II- 15. Rules applicable to provisional liquidator
Part II- 16. Costs, etc., of provisional liquidator.
Part II- 17. Order to be sent to liquidator and form of order
Part II - 18. Contents of winding up order
Part II- 19. Directions on making winding up order
Part II- 20. Advertisement of order
Part II- 21. Declaration by Company Liquidator
Part II- 22. Company Liquidator to take charge of assets and books and papers of company
Part II- 23. Form of proceedings after winding up order is made
Part II- 24. Application for leave to commence or continue suit or proceeding
Part II- 25. Report by Company Liquidator
Part II- 26. Inspection of statement of affairs and report
Part II- 27. Consideration of report by Tribunal
Part II- 28. Provisionallist of contributories
Part II- 29. Notice to be given of date of settlement
Part II- 30. Settlement of list
Part II- 31. Notice of settlement to contributories
Part II - 32. Supplemental list of contributories
Part II- 33. Variation of list
Part II- 34. Application for rectification of list
Part II- 35. List of contributories consisting of past members
Part II- 36. Meeting of creditors and contributories
Part II - 37. Company Liquidator to report result of meeting
Part II- 38. Filling -up of vacancy in advisory committee.
Part II- 39. Company Liquidator and members of advisory committee dealing with company's assets.
Part II- 40. Advisory committee not to make profit
Part II- 41.Cost of obtaining order of Tribunal
Part II- 42. Order sanctioning payment to advisory committee
Part II- 43. Meetings of advisory committee
Part II- 44. Application of rules to meetings
Part II- 45. Notice of meeting
Part II- 46. Place and time ofmeeting
Part II- 47. Notice of first or other meeting to officers of company
Part II- 48. Proof of notice
Part II- 49. Costs of meeting
Part II- 50. Chairman of meeting
Part II- 51. Resolution at creditors' meeting
Part II- 52. Resolution of contributories' meeting.
Part II- 53. Copies of resolution to be filed
Part II- 54. Non-receipt of notice by creditor or contributory
Part II- 55. Adjournments
Part II- 56. Quorum
Part II- 57. Procedure in absence of quorum
Part II- 58. When creditor can vote
Part II- 59. Case in which creditors may not vote
Part II- 60. When secured creditor can vote
Part II- 61. Effect of voting by a secured creditor
Part II- 62. Procedure when secured creditor votes without surrendering security
Part II- 63. Admission or rejection of proof for purposes of voting
Part II- 64. Minutes of proceedings
Part II- 65. Report to Tribunal
Part II- 66. Voting by proxies
Part II- 67. Form of proxies
Part II - 68. Proxies to Company Liquidator or chairman of meeting
Part II- 69. Use of proxies by deputy
Part II- 70. Forms to be sent with notice
Part II- 71. Proxies to be lodged
Part II- 72. Holder of proxy not to vote on matter in which he is financially interested
Part II- 73. Minor not to be appointed proxy
Part II- 74. Filling in proxy where creditor or contributory is blind or incapable
Part II- 75. Proxy of person not acquainted with English
Part II- 76. Submission of periodical reports to the tribunal
Part II- 77. Employment of additional or special staff by Official Liquidator
Part II- 78. Declaration by professional
Part II - 79. Record book to be maintained by Company Liquidator
Part II- 80. Registers and books to be maintained by Company Liquidator
Part II- 81. All money to be paid into special bank account in a scheduled bank
Part II- 82. Bills, cheques, etc. to be deposited with bank
Part II- 83. Payments into Bank
Part II- 84. Company Liquidator's Dividend Account
Part II- 85. Where the company has no available assets
Part II- 86. Investment of surplus funds
Part II- 87. Company Liquidator to examine accounts for purposes of investment
Part II- 88. Investments to be made by Bank
Part II- 89. Dividend and interest to be credited
Part II- 90. Refunds of taxes
Part II- 91. Half-yearly accounts to be filed
Part II- 92. Form of account
Part II- 93. Nil account
Part II- 94. Registry to send copy of account to auditor
Part II- 95. Audit of Company Liquidator's accounts
Part II- 96. Audit certificate to be filed
Part II- 97. Audit fees
Part II- 98. Inspection of account and certificate of audit
Part II- 99. Account and auditor's report to be placed before Tribunal
Part III- 100. Notice for proving debts
Part III- 101. Proof of debt
Part III- 102. Mode of proof and verification thereof
Part III- 103. Contents of proof
Part III- 104. Workmen's dues
Part III- 105. Production of bills of exchange and promissory notes
Part III- 106. Value of debts
Part III- 107. Discount
Part III- 108. Interest
Part III- 109. Periodical payments
Part III- 110. Proof of debt payable at future time
Part III- 111. Examination of proof
Part III- 112. Company Liquidator's right to call any person in connection with investigation
Part III- 113. Affidavit
Part III- 114. Costs of proof
Part III - 115.Acceptance or rejection of proof to be communicated
Part III- 116. Appeal by creditor
Part III- 117. Procedure where creditor appeals
Part III - 118. Company Liquidator not to be personally liable for costs
Part III - 119. Proofs and list of creditors to be filed in Tribunal
Part III - 120. List of creditors not to be varied
Part III- 121. Notice of filing list and inspection of same
Part III- 122. Expunging of proof
Part III- 123. Procedure on failure to prove debt within time fixed
Part III- 124. Right of creditor who has not proved debt before declaration of dividend
Part III- 125. Payment of subsequent interest
Part III- 126. Attendance at proceedings
Part III- 127. Representation of creditors and contributories before Tribunal
Part III- 128. Powers of Company Liquidator
Part III- 129. Company Liquidator to be in position of receiver
Part III- 130. Company's property to be surrendered to Company Liquidator on requisition
Part III- 131. Calls by Company Liquidator
Part III- 132. Company Liquidator to realise uncalled capital
Part III- 133. Application for leave to make call
Part III- 134. Notice ofapplication
Part III- 135. Order granting leave to make call and document making call
Part III- 136. Service of notice of call
Part III- 137. Order for payment of call
Part III- 138. Other moneys due by contributories
Part III - 139. Application for examination under section 299
Part III- 140. Directions at hearing of application
Part III- 141. Service of summons
Part III- 142. Conduct of examination
Part III- 143. Notes of deposition
Part III- 144. Order for examination under section 300
Part III- 145. Notice of examination
Part III- 146. Adjournment of examination for orders of Tribunal
Part III- 147. Procedure for contumacy
Part III- 148. Notes of examination
Part III- 149. Application under sub-section (5) of section 300
Part III- 150. Warrant of arrest of contributory
Part III- 151. Prison to which contributory arrested on warrant is to be taken
Part III- 152. Execution of warrant of arrest outside jurisdiction of Tribunal
Part III- 153. Application under section 339 or section 340
Part III- 154. Directions at preliminary hearing of summons
Part III- 155. Liberty to apply for further directions
Part III- 156. Application for disclaimer
Part III- 157. Preliminary hearing of application
Part III- 158. Claimant to furnish statement of his interest
Part III- 159. Service of notice
Part III- 160. Order granting leave to disclaim
Part III- 161. Disclaimer to be filed in Tribunal
Part III- 162. Vesting of disclaimed property
Part III- 163. No claim to be compromised or abandoned without sanction of Tribunal
Part III- 164. Application for sanction of compromise
Part III- 165. Sale to be subject to sanction and to confirmation by Tribunal
Part III- 166. Procedure at sale
Part III- 167. Expenses of sale
Part III- 168. Declaration of dividend or return of capital
Part III- 169. Notice of declaration
Part III- 170. Form of authority to pay dividend
Part III- 171. Transmission of dividends, etc. by post
Part III- 172. Form of order directing return of capital
Part III- 173. Payment of dividend or return of capital due to deceased creditor or contributory
Part III- 174. Company Liquidator to apply for dissolution
Part III- 175. Dissolution of company
Part III- 176. Liquidator to pay the balance into Company Liquidation Dividend and Undistributed Assets Account
Part III- 177. Conclusion of winding up
Part III- 178. Application to declare dissolution void
Part III- 179. Statement to accompany payment
Part III- 180. Unclaimed dividends or undistributed assets under investment
Part III- 181. Application by person for payment of money paid into the Company Liquidation Dividend and Undistributed Assets Account
Part III- 182. Cost and expenses payable out of the assets in a winding up by Tribunal
PART IV - 183. Costs in the discretion of Tribunal
PART IV- 184. Bill of costs by authorised representative, etc. employed by Company Liquidator
PART IV- 185. Fees in misfeasance proceeding
PART IV- 186. Fees when proceeding is compromised
PART IV- 187. Costs of parties having common interest
PART IV- 188. Tribunal's power to fix a fee
PART IV- 189. Allowance to witnesses
PART V- 190. Powers and functions of Official Liquidator
Part VI.- 191. Inspection of file
FORMS