BKC Centre, 31-E, Laxmi Industrial Estate, New Link Road, Andheri (W), Mumbai – 400 053
Tel. No. : 022 30706021 – 45Email: [email protected] Website: www.bkcadvisors.in
BKC ADVISORS PRIVATE LIMITED
CONTENTS• Our Vision and Mission
• Brief Company Profile
• Our Services
• Our Services- Investigative & Stress Assets Management
• Our Team
• Our Major Clients
• Our Credentials
• Our Presence
Our Vision and Mission
OUR VISION AND MISSION• BKC’s raison d’etre can be summed up by what Ted Levitt, celebrated expert and an ex-editor or Harvard
Business review, often said of the tumultuous 90’s :-“Whatever got you where you are today is no longer sufficient to keep you there’’.
• We set and inculcate high ethical standards, professional integrity and esteemed values for our clients as well asmember group.
• We commit ourselves to serve and deliver comprehensive solutions that can help our clients to respond to thechallenges in the competitive business environment and contribute to the growth.
• We strive to be the most trusted and professional services firm of choice, for delivering innovative solutions with excellence by setting and inculcating high ethical standards, professional integrity.
• We believe in partnering with clients in bringing effective solutions to meet the inherent challenges of critical business activities thus translating into better decision making process and actions that produce results, giving them a distinct business advantage in the marketplace.
Brief Company Profile
BRIEF COMPANY PROFILEBKC – AT A GLANCE
Incorporated in 2001Promoted by M/s Parekh Shah & Lodha, Chartered AccountantsResources 80 plus Professionals, with 10 Directors and 25 other Qualified,
Technical and Operational Personnel.Strength Experienced and Professional Resources/ Management
Dedicated and Expert Team Result Oriented Approach
Presence Having corporate office at Mumbai with presence in more than15 cities across India through branches/ network partners/associates.
BRIEF COMPANY PROFILE (Contd..)
• BKC is named after its mentor Late Shri Baikunthnath Kamta Prasad Chaturvedi, who is our source of inspirationrelying on dignity and the best principles which are pre-requisites to move forward.
• BKC was promoted in 2001 by the Partners of M/s. Parekh Shah & Lodha(“PSL”), an eminent firm of CharteredAccountants in Mumbai, providing services in the area of statutory audit, financial and taxation advisory and riskbased internal audit etc., since 1988.
• With 19 years experience, BKC has specialized in the field of rendering various Management Consultancyservices to the Banks, Financial Institutions, ARC’s and Corporates, with Pan India network.
• Headquartered in Mumbai, we have a team comprising of Team Leaders who possess rich experience indifferent fields. They are assisted by about eighty employed staff. We also have presence in major cities in India.
• BKC Group has a team of professionals from different disciplines such as Insolvency Professionals, CharteredAccountants, Company Secretaries, Engineers, Architects, Valuers, Lawyers, Ex-Bankers and Managementgraduates to cater the needs in areas of Taxation, Financial Engineering, Business Advisory, Corporate Laws,System Development, Valuation Services and Due Diligence etc. This facilitates our clients to avail all requiredservices “Under one roof”.
BUSINESS ASSOCIATES
BKC VALUERS PVT. LTD.
BKC Valuers Pvt. Ltd. pioneers in India to have on board, IBBI registered
valuers of all 3 class of assets covered under IBC 2016, as its Directors i.e.
Financial Assets, Land & Building and Plant & Machinery.
PAREKH SHAH & LODHA CHARTERED ACCOUNTANTS
It is 32 years old Mumbai based Chartered Accountancy firm providing
a comprehensive spectrum of all audit, assurance and consultancy
related services, with clientele spread across all industries.
BLUE OCEAN STRATEGIC ADVISORS PVT. LTD.
Having domestic and international presence, it is a Financial and
Management Advisory Company providing Trade Finance solutions, Corporate Advisory, Mergers and
Acquisitions and Structured Finance solutions to an array of corporate
houses.
Our Services
OUR SERVICESKeeping pace with the rapid change in today’s business environment, BKChas evolved two distinct Services Groups to meet the emerging needs ofbusinesses.
Institutional Business Group (I.B.G.)
Business Consulting Group (B.C.G.)
OUR SERVICES (Contd..)
• Institutional Business Group (IBG):- This group is specialized to offer all kinds of Audit, Assuranceand Advisory services to the Financial Institutions/Banks/Regulators etc.
• In past 19 years the IBG has successfully developed skills, team, infrastructures, procedures, networketc. to provide quality services to the institutional clients and services of IBG are well recognized inthe industry, our client list itself clearly indicate this.
• IBG has successfully executed various critical assignments for some of the leading institutions of theCountry.
• Experienced team in combination of youth enthusiasm, professional & practical approach, goodunderstanding of various industries are the core strengths of IBG.
OUR SERVICES (Contd..)
• Business Consultancy Group (BCG) :- The group is specialized in all sorts of managementconsultancy services required by any size of corporate in present business scenario like, due diligence,management audits, risked based internal audit, development & implementation of managementinformation, business strategy, tax and financial advisory services and financial/ corporate structuring,etc.
• In 19 years BKC is being able to develop a very strong BCG arm which is equipped with experienced &matured as well as young professionals, systems & procedures, network, strong understanding ofvarious business/business processes/industries and professional and result oriented approach inevery assignment.
• BCG has successfully executed various critical assignments for all types of businesses i.e. Small,Medium & Large, according to their requirements. leading institutions of the Country.
OUR SERVICES (Contd..)
SERVICES AT A
GLANCE
Management & Special
AuditStressed Assets
Advisory
Private Detective
Agency Work (Investigation)
Management and IT
Consultancy
Business & Asset
Valuation
Business Model Analysis and Planning
Business & Financial
Consultancy &
Restructuring
Compliance Review Services
MILESTONES ACHIEVED• Carried out more than 1000 investigation assignments for Banks, ARCs and
Financial Institutions all over India
• More than 10,000 valuations assignments for various movable andimmovable assets, having a total asset value of around Rs. One Lakh Crores
• Presently our directors are appointed Resolution Professional/ Liquidator in 8Companies under Insolvency and Bankruptcy Code, 2016, wherein BKC isproviding support services.
• Carried out approx. 600 Due diligences of Stress Accounts of Banks/ FinancialInstitutions, having a total portfolio value of around Rs. 14,500 Crores
Our Services- Investigative & Stress Assets Management
OUR SERVICES – STRESS ASSETS MANAGEMENT
We provide End To End Solution in Stress Assets Management i.e. fromIdentification to Recovery to the Banks/ FIs/ ARCs, with the highly expert andexperienced team. In general, the Stress Asset Life Cycle can be summarized asbelow:
Symptoms Recognition
Identification Resolution
Monitoring Recovery
OUR SERVICES – STRESS ASSETS MANAGEMENT (Contd..)
Our Services
A. Monitoring:- Concurrent/Cash Flow Audit of Stress Assets. Operational monitoring of Stress Accounts Physical verification of Inventories, Fixed Assets & Collaterals. Stock & Receivable Audit. Receivable & Transaction Physical Verification
B. Diligence:- Forensic & Special Investigative Audit Due Diligence. TEV & Feasibility Study. Valuation of Assets. Business Valuation. Payment Audit/ Payment Control Project Management Audit
OUR SERVICES – STRESS ASSETS MANAGEMENT (Contd..)
Our Services
C. Resolution & Recovery:- Assistance in physical possession of Assets. Follow up and monitoring of resolution and recovery process. Facilitating in Sale/ Assignment of Stress Accounts: Preparation of Data Room for sale of Stress Accounts. Preparation of PIM/IM for sale/disposing of Stress Accounts. Identification and follow up with potential ARC’s/Funds/ Investors for sale of Stress Accounts. Monitoring the whole process of sale/disposing of Stress Accounts. Assistance in completion of sale process.
Investigation/detective services to identify additional unencumbered assets. Services of Recovery and Resolution Agent. Assistance in Identification, Negotiation and Follow up for sale of Stress Assets to strategic/potential
buyers/investors. Assistance in Auction of the assets.
OUR SERVICES- INVESTIGATION• With the steep rise in cases related to financial frauds and
defaults by the borrowers, Investigation is one of the mostuncommon tool to unearth the undisclosed andunidentified assets of the defaulters and their relatedparties.
• The main objective of this activity is to identify theadditional unencumbered assets belonging to thedefaulters, in order to assist the concerned authorities toascertain whether such assets could be liquidated forrepayment of outstanding dues.
• This method given an edge over other procedures as itdirectly focuses on recovery of the dues throughidentification of the assets, thus hitting the bulls eye.
OUR SERVICES- INVESTIGATION (Contd..)
TOOLS USED• Using Advance Data Mining Tools to extract the
undisclosed financial details of target from various datasources like, public domain, domestic financial andbanking system, electronic media, etc.
• Physical Search of potential assets/ belongings toidentify their ownership/ possession status
• Direct interaction with the target and their familymembers/ close associates to lure them to extract theinvestment/ financial details of target
• Tracking and analysing the social activities of target• Using private detective and surveillance services to
extract the financial details of target.
OUR SERVICES- INVESTIGATION (Contd..)
METHODOLOGY ADOPTED• Compilation of basis personal and professional details of the
target• Using advance data mining tools to extract the additional
undisclosed financial and personal details of the target, usingground intelligence and formal / informal source.
• Using expertise of other in-house business units to gather detailsrelating to banking operation, share market activities, real estateexposure, business interests, vehicles, taxation details, etc of thetarget
• Based on initial data compiled from various formal/ informalsources, a comprehensive preliminary observation report isprepared by the data analysts and submitted to field staff forvisiting the premises identified in preliminary stage and gatheringadditional data sources regarding movable/ immovable assets,primary evidences and photographs.
OUR SERVICES- INVESTIGATION (Contd..)
METHODOLOGY ADOPTED (Contd..)• Based on field staff report, secondary analysis is carried out by
senior analysts wherein based on the field staff visit report andpreliminary observation report, further course of action isdetermined to extort further details and gathering enforceabledocumentary evidences from the respective governmentdepartments and other regulatory authorities in support of thefindings.
• After necessary action taken on the recommendation of thesecondary analysts by the field analysts, and ensuring all possibledetails are obtained and analysed, the report is compiled withnecessary documentation and back-up to ensure accuracy andreliability of the report.
OUR SERVICES- INVESTIGATION (Contd..)
LIST OF FEW CASES HANDLED
GROWEL TIMES LIMITED MTZ INDUSTRIES LIMITED NIHON NIRMAL LIMITED SPANCO LIMITED VITARA CHEMICALS PRIVATE LIMITED. PURPLE MEDIA PRIVATE LIMITED GEMS INTERNATIONAL BILCARE LIMITED JARANDESHWAR SSK LIMITED BILTUBE INDUSTRIES LIMITED DATAPRO ELECTRONICS PRIVATE LIMITED AMAR REMEDIES LIMITED MEP COTTON LIMITED GLODYNE VENTURES & HOLDING PVT LIMITED SHRI ASHTAVINAYAK CINE VISION LIMITED KARMA INDUSTRIES LIMITED CANBAY POLYFILMS LIMITED RAJ OIL MILLS LIMITED VERONICA LABORATORIES LIMITED SB & T INTERNATIONAL LIMITED PRATIBHA INDUSTRIES LIMITED INNO- TECH POWDERS LIMITED GRAYLINE INDIA PRIVATE LIMITED SHRI HARIGANGA CEMENTS LIMITED BOMBAY WELDNEKS PRIVATE LIMITED PATHEJA BROS. FORGINGS & STAMPINGS LIMITED ANIRUDDHA WOODS PRIVATE LIMITED SHREE LTC AGRO SALES LIMITED SUMEET APPLIANCES PRIVATE LIMITED MIMANSA JEWELLERY PRIVATE LIMITED
WHY PREFER BKC• Team of highly skilled, trained and qualified staff to carry out investigation assignments
• Having various departments within the organization such as Income Tax, RoC, ForensicAudit, Valuation etc. which enables access to multiple sources for data / details gatheringand further strengthening the core competencies.
• Business Network and Associates across the country which provides an edge over othersand also avails details from varied geographies.
• Strong connect in Financial Services industry thus helping us obtain first hand informationthrough reliable sources.
Our Team
OUR TEAM
10 Directors
9 Qualified Professionals
16 Technical Professional
60 Semi – Qualified Professionals
BOARD OF DIRECTORS
• RAVINDRA CHATURVEDI
• AMIT SAKLECHA
• ASHUTOSH DWIVEDI
• RAJNIKANT DESAI
• YOGESH RASAL
• PALAK DESAI
• PRAFUL SANGHANI
• PIYUSH CHATURVEDI
• DR. MADHAVI CHATURVEDI
• SALIL THAKARE
BRIEF ABOUT BOARD
RAVINDRA CHATURVEDI
CA, Insolvency Professional registered with IBBIThe Founder Director of BKC, Mr. Ravindra Chaturvedi is a Chartered Accountant and InsolvencyProfessional, with more than 25 years of experience in variety fields of the profession includingbanking, audit and assurance, financial advisory, valuation, etc. He is also the senior partner inParekh Shah and Lodha He holds his specialization in Direct Taxation and has been an Income TaxPractitioner throughout his career.
ASHUTOSH DWIVEDI
CA, CS, DISAMr. Amit R. Saklecha is a qualified Chartered Accountant, Company Secretary and a certifiedSystems Auditor having more than 17 years of experience in Financial Structuring, DebtSyndication, Business Advisory, Corporate Law, Taxation and Assurance Services. He is one of thefounder director at Blue Ocean Strategic Advisors Pvt Ltd, focusing specially in the areas ofInternational Trade Finance, Overseas Business Development and Structured Financing Solutions.
AMIT SAKLECHA
CA, CS, ICAI Certified Valuer, IBBI Registered ValuerMr. Ashutosh Dwivedi is a qualified Chartered Accountant having more than 15 years of experiencein Special Investigative Audit and Valuations. He is also the youngest partner of Parekh Shah &Lodha and the founder director of BKC Valuers Pvt Ltd. He is a specialized Fraud Investigator and isheading the Forensic and Investigative Division including Due Diligence, Techno – EconomicViability Study, Mergers and Acquisitions, Asset Tracing, Detective services, etc.
BOARD OF DIRECTORS
YOGESH RASAL
B.E (Mech), A.M.I.E., A.I.V., C.E(I), IBBI Registered ValuerA professional engineer having more than 12 years of work experience in the field of Valuation andEngineering Consultancy. Core competencies include asset valuation, valuation of plant &machinery, valuation of immovable properties, asset recovery and Engineering Consultancy.
RAJNIKANT DESAIEx-Sr. Superintendent, Central Board of Excise & CustomsOver 33 years of rich experience in dealing with Indirect Tax matters, initially for 24 years as SeniorSuperintendent, Central Excise & Customs and thereafter in practice.
PALAK DESAILL.B., CS, B.Com10 years of practice in Company law and related matters and also having vast experience in mattersrelated to Issue/Buy-Back/Delisting of securities.
BOARD OF DIRECTORS
PIYUSH CHATURVEDI
LLB, LLM, Diploma in Labour LawMr. Piyush Chaturvedi has enormous experience of more than 30 years in handling Civil andRecovery suits at various judicial levels. He possess vast knowledge in the field of Corporate lawsalong with cases related to dispute of property and other such assets.
DR. MADHAVI CHATURVEDI
B.Com, Diploma in Import Export, Diploma in Early Childhood Education, MD in NaturopathyExpertise in forex transactions, she has vast experience in international trade and related matters.
PRAFUL SANGHANI
Chartered AccountantOver 30 years of rich experience in the field of Corporate Laws, Statutory and Taxation mattersrelated to Charitable Trusts. Having enormous experience in handling RBI Compliances specializing inFEMA and NBFC cases.
SALIL THAKAREB.E. Hons. [Bom.], A.M.I.E.,A.I.VA professional engineer with more than 34 years of work experience in valuation of immovableassets, asset recovery and Civil Engineering Consultancy.
Our Major Clients
CLIENTELE: BANKS
CLIENTELE: BANKS
CLIENTELE: BANKS
CLIENTELE: NBFCs
CLIENTELE: ARCs
CLIENTELE: ARCs
Our Credentials
OUR CREDENTIALS/ EMPANELMENTS
INDIAN BANK’S ASSOCATIONthrough its parent firm Parekh Shah & Lodha
INSOLVENCY and BANKRUPTCY BOARD OF INDIAthrough its directors registered as IP and valuer
MUMBAI DEBTS RECOVERY TRIBUNALSregistered as self
MUMBAI ECONOMIC OFFENCES WINGthrough its parent firm Parekh Shah & Lodha
Our Presence
Pan-India presence and widenetwork of associates withexperience across the variousindustries, we have presencein the following cities to offercustomized services to ourclients as per theirrequirements.
OUR PRESENCE
Thank You
