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Company Profile

The Firm

S.L. Chhajed & Co. LLP is a 63 years old firm, established in the year of 1960. Our Firm is headquartered at Bhopal having well equipped office at prime location of the city. We are serving large corporations, SMEs, Entrepreneurs, Trusts, Societies & Public bodies.Partners are handling responsibilities in accordance with their experience and specialisation in the related field. The highly motivated and dedicated team of work force is already in place to understand customer’s need and translate them into customized solutions ensuring a consistent satisfaction to its client with services in terms of quality, performance & reliability. The firm has well knitted system of training for bringing up the staff at desired level. We are having a dedicated staff strength of 100 and growing.

Our Founder Partner

CA. S.L.CHHAJED, B.Com. LLB. FCA

The firm was founded by Lt. Shri. S.L.Chhajed. He was very active personality and held several positions on various professional & non-professional platforms for the noble cause. He was:

  • – Chairman, Central India Regional Council of ICAI,1965-66
  • – President, Rotary Club of Bhopal
  • – Joint Secretary, All India Federation of Tax Practitioners
  • – DRGM, Regional Grand Lodge of Western India
  • – DGM, Grand Lodge of India
  • – Zone Chairman & Governing Council Member, Mahavir International
  • – Governing Body member of Bhopal Memorial Charitable Trust hospital,Bhopal
  • – President, Friends of Tribals Society, Bhopal Chapter
  • – Member, Finance Committee, ABV-Indian Institute of Information Technology & Management, Gwalior.

The Team

He has experience of 40 years with the firm. He is in charge of the firm’s Audit and Assurance Division and has wide experience of Statutory and Internal Audit of Government Companies, Public Sector Undertakings, Insurance Company, Banks, Public and Private Companies. He was the Chairman, Bhopal Branch of Institute of Chartered Accountants of India.

He has experience of 27 years with the firm. He was in Life Insurance Corporation of India at various positions for almost 35 years. He joined the firm in 1996 and has experience of Auditing of Banks, Insurance Companies, Government Corporations, Educational and other Institutions etc.

He has experience of 24 years with the firm. He also has experience of working in Trade and Industries in various fields at various responsible positions. He worked as Vice President (Finance & Administration) in HEG Ltd., Bhopal for number of years. He was the Chairman, Bhopal Branch of ICAI for Two years. He was also the member in Advisory Committee of State Bank of India, at its Local Head Office at Bhopal for two years. He looks after the Taxation and Audit work of the firm.

He has experience of 25 years with the firm. He has experience of various Industrial Units and has wide experience of Auditing of Banks, Public & Private Limited Companies, Government Corporation etc. He also has wide experience in the field of Company Law and other Secretarial related matters. He has passed the examination of Company Secretary Ship and is a qualified Company Secretary also.

He is with the firm for the last 23 years and has a wide experience in Statutory Audit of Multi National Companies, Government Companies, Public Sector Undertakings, Banks etc. He completed his articleship with A.F. Fergusons & Co. Mumbai. He specializes in the field of Statutory & Internal Audit, Concurrent Audit, Management Services and Information Technology. He was the Chairman of Bhopal Branch for the year 2011-12 and has held various post at Bhopal Branch. He was elected as a Region Council Member in the Central India Regional council for the period 2013-16 & 2016-19. He was Chairman of Central India Regional council for the year 2016-17. He is Central Council Member of ICAI for the term 2022-25.

He is with the firm since last 15 years & has a wide experience in Audit of Banks & Public Sector Undertaking, Government Companies, Central & State Internal Audit, Systems Audit & GST etc. He is heading the Indirect Taxation Division of our Firm.

She has joined our firm since last 16 years. She Qualifed in the year 2000 and has a wide experience in Bank Audits, Audit of various big size Companies and Income tax.

He has joined our firm since last 13 years. He retired from BHEL, Bhopal as GM –Finance and has wide experience for over 35 years in Heavy Electrical Unit. He has also gained experience in the field of Taxation, Audit etc and headed the Internal Audit department for one year during his tenure as employee with BHEL, Bhopal. He is engaged in Statutory and Internal Audit of the Companies.

She has joined our firm since last 14 years. She Qualified in the year 2006 & has a wide experience in Audit of Banks & other Limited Companies, Internal Audit, Systems Audit, Company Law Matters, GST Compliance etc. She has completed the certification course on Concurrent audit organized by the Institute of Chartered Accountants of India.

He joined our firm since last 11 years. Fellow Member of the Institute of Chartered Accountants of India since 2012. He has good experience in the field of Statutory, Internal Audit, Forensic Audits, Financial Analysis, Risk Advisory, Project Financing, Stock and Due Deligence Audit etc. He is the incharge of New Delhi Branch office.

He joined the firm in the year 2018. Fellow Member of the Institute of Chartered Accountants of India since 2013. He has good experience in the field of Taxation, Internal Audit, Statutory Audit, Company Law Matters, Concurrent Audit etc. He is Incharge of Raipur Branch office.

Fellow Member of the Institute of Chartered Accountants of India since 1985. He has good experience in the field of Taxation and Statutory Audit, Management Consultancy, Project Financing. He is currently incharge of our Kolkata Branch office.

Fellow Member of the Institute of Chartered Accountants of India since 2006. He has good experience in the field of Project Financing, Risk Analysis & credit appraisal, Taxation, Statutory and Concurrent Audit, Management Consultancy, etc. and has worked in the banking sector for more than 10 years with ICICI Bank and Yes Bank Limited.

Fellow Member of the Institute of Chartered Accountants of India since 2009 and is a Rank Holder in CA. She was working with Standard Chartered Securities Ltd(subsidiary of Standard Chartered Bank)and has good experience in the field of Corporate accounting, MIS, Statutory and Internal Audit, Taxation, Compliance and Management consultancy. She is currently Incharge of our Mumbai Branch office.

Fellow Member of the Institute of Chartered Accountants of India since 2015. She has good experience in the field of Taxation, Internal Audit, Statutory Audit, Concurrent Audit etc.

Fellow Associate Member of the Institute of Chartered Accountants of India since 2011. She has good experience in the field of Statutory and Internal Audit of Public and Private Companies, Statutory and Concurrent Audit of Banks, Filing of Income tax returns and TDS Compliance, GST Compliance, etc.

Associate Member of the Institute of Chartered Accountants of India since 2013. She is working with our Firm since the last 2 years and is engaged in Internal Audit, Concurrent Audit of Banks, Direct and Indirect Tax compliances etc.

Associate Member of the Institute of Chartered Accountants of India since 2019. She is working with our Firm since the last 1 year. She has good experience in the field of Bank audits, statutory audits and internal audits across industries and looking after direct and indirect tax compliances for the clients. She has worked with PwC India for over 2.5 years where she was engaged in works related to creation of SOPs and conducting internal audits for the clients which includes understanding end-to-end business processes, identification of risks and controls thereof and testing of the controls identified.

Associate Member of the Institute of Chartered Accountants of India since 2021. She is working with our Firm since the last 4 years and is engaged in Internal Audit, Concurrent Audit of Banks, Direct and Indirect Tax compliances etc.

Our Qualified Personnel

He is looking after the Taxation work of the firm and also has experience of Audit of Banks, Public Sector & Private Limited Companies. He is having an experience of more than 29 years in the field of taxation with the firm and appearing before Commissioner of Income tax as well as Income tax Appellate Tribunal.

Associate Member of the Institute of Chartered Accountants of India since 2019. He has good experience in the field of Taxation, Internal Audit, Statutory Audit, Concurrent Audit etc.

Associate Member of the Institute of Chartered Accountants of India since 2019. She has exposure in the field of Internal Audit, Concurrent Audit of Banks, Stautory Audit of Private Companies and Indirect Taxation.

Associate Member of the Institute of Chartered Accountants of India since 2016. She has exposure in the field of Internal Audit, Concurrent Audit of Banks.

Associate Member of the Institute of Chartered Accountants of India since 2004. She has exposure in the field of Internal Audit, Concurrent Audit of Banks.

Associate Member of the Institute of Chartered Accountants of India since 2021. She is working with our Firm and is engaged in Internal Audit & Concurrent Audit of Banks.

Fellow Member of the Institute of Chartered Accountants of India since 2012. She has good experience in the field of Taxation, Internal Audit, Statutory Audit, Company Law Matters, Concurrent Audit etc. She is stationed at our Delhi Office.

Associate Member of the Institute of Chartered Accountants of India since 2016. She joined firm since Feb 2022. She has vide exposure in the field of Internal Audit, Concurrent Audit of Banks, Stautory Audit of Government Companies, Direct and Indirect Taxation compliance etc.

Associate Member of the Institute of Chartered Accountants of India since 2019. She has good exposure in the field of Internal Audit, Concurrent Audit of Banks, Stautory Audit of Private Companies and Direct Taxation.

Associate Member of the Institute of Chartered Accountants of India since 2019. She has good exposure in the field of Internal Audit, Concurrent Audit of Banks, Stautory Audit of Private Companies and Direct Taxation.

Associate Member of the Institute of Chartered Accountants of India since 2023. He Stautory and Internal Audit of Public and Private Companies, GST Compliance, Auditing and Assurance Standards, IND AS etc.

Associate Member of the Institute of Companies Secretaries of India since 2019. Company Secretary by Profession and have dealt with assignments in Secretarial and Corporate Affairs of various Companies. Has vide experience in Compliance under Corporate Laws of Public and Private Companies, Incorporation of Companies under Companies Act 2013, drafted various resolutions in accordance with the provisions of the Companies Act 2013 etc.

He is looking after the Taxation work of the firm and also has experience Public Sector & Private Limited Companies. He is having an experience of more than 6 months in the field of taxation with the firm and appearing before Commissioner of Income tax as well as Income tax Appellate Tribunal.

Mr. Devendra Chhajed is with the firm for the last more than 21 years. He has a wide experience in the field of Credit Processing and field investigation of retail loans of ICICI Bank, Citifinancial and HDFC Bank. Looking after the Administration & Travel department of the firm along with Tours & Travel business.

He is working with our Firm since the last 13 years and is engaged in Internal Audit & Concurrent Audit of Banks. He retired from Eveready Industries India Ltd., as Area Manager Commercial after serving for for 38 years.

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OUR EXPERIENCED BANKERS

He served in Central Bank of India for 36 years as Manager having experience of Concurrent Audit & Annual audit of Different Nationalized Banks. He is looking after the Concurrent audit at our Raipur Branch office since the last 1 year.

He retired from Bank of India after serving for 36 years as Senior Manager Audit having as Team Leader during audit of branches experience of operations and finnacle working in the Bank. He is looking after the Concurrent audit of Banks.

He retired from State Bank of India after serving for 36 years as Scale 3 Manager having experience of operations and finnacle working in the Bank. He is looking after the Concurrent audit of Banks.

 
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The firm is headquartered at Bhopal having well equipped office at prime location of the city. The Partners are handling responsibilities in accordance with their experience and specialisation in the related field. The highly motivated and dedicated team of work force is already in place to understand customer’s need and translate them into customized solutions ensuring a consistent satisfaction to its client with services in terms of quality, performance & reliability. The firm has well knitted system of training for bringing up the staff at desired level.The firm has Fast Server based Information System Network which adequately addresses the Information Security Aspect and also ensures the Availability, Confidentiality and Integrity of Clients’ Data.

Partners

19 Nos.

Paid Employees (Chartered Accountants)

12 Nos.

Bankers and Senior Audit Staff

18 Nos.

Audit & Article Trainees

30 Nos.

Support Staff

8 Nos.

Branches in India

9 Nos.

Reserve Bank of India for the Audit of Nationalized Banks, NBFC’s and RRB’s.

CAG of India for the Audit of Public Sector Undertakings.

Government of India, (Department of Agriculture and Co-operation) for the Audit of National Co-operative Societies.

Press Information Bureau of Circulation, Bhopal.

M.P. State Co-operative Department for the Audit of Co-operative Societies in M.P

Insurance Regulatory Development Authority for Life and General Insurance Corporations for undertaking Statutory and Internal Audits.

IDBI Bank, ICICI Bank & Securities & Exchange Board of India for their various Assignments.

Empaneled with Asian Development Bank for carrying out Statutory and Internal Audit.

National Insurance Authority.

National Highway Authority of India, Delhi (NHAI) for undertaking Statutory and Internal Audits of Infrastructure Projects.

Empaneled with Indian Bank Association (IBA) as Agency for Specialised Monitoring of Standard Loan Account above 250 Cr.

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Philosophy

 

At S.L. Chhajed& Co. LLP, our strategy has always been to understand what is most important to the client, to help them look for ways, to create sustainable value addition and satisfaction in a truly professional environment.

It is our earnest endeavour to apply best business practices, quickly implement innovations, put insight into action, provide perspectives on value creation, create and develop truly congenial human resource by providing the most conducive environment.

An attempt is made to outline what the firm is all about and how it works. But some things just can’t be conveyed through words. At S.L. Chhajed & Co. continuous innovation, pragmatic decision-making, hard work and above all team-work are some of the factors, which makes the firm the right consultant and advisors.

We truly believe at S.L. Chhajed & Co. LLP, that the trust and faith of people are necessary to work successfully.

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