Jigar Kamlesh Panchal

• Throughout the tenure at the firm, I have managed a diverse range of litigation cases, in the sphere of civil, criminal, and corporate l
• I have also practiced in various judicial and quasi-judicial authorities including the Bombay High Court, RERA, NCLT, Consumer Forums, City Civil Courts, Sessions Courts, Family Courts, and the Small Causes Court.
• Provided support during litigation, contributing to favorable verdicts and settlements

• During my tenure, I worked in Internal Audit Assignments which involved a Toll collection company and a Real Estate Development listed company
• I was involved in process testing, process gaps identification and reporting, monitoring activities, cash skimming and larceny schemes identification and others

• Three years of articleship experience in Internal Audit and Statutory Audit with KS Aiyar & Company Chartered Accountants, with a primary emphasis on Internal Audit.
• During this period, I conducted Internal Audits for publicly listed cement companies, examining all components of the Profit and Loss account and balance sheet. The areas of focus included Mining, Corporate Social Responsibility (CSR), diesel utilization, overhead costs, insurance assessments, security management evaluations, service contract analyses, accounts payable, fixed asset management, logistics, maintenance, inventory management, wage board compliance, payroll processing, book closure activities, Goods and Services Tax (GST) compliance, capital expenditures, vehicle utilization, contract evaluations, central marketing offices (sales), and packing plant operations.
• Significant expertise in Internal Audit encompassing process testing, standard operating procedures (SOP), compliance assessments, cost-saving analyses, as well as monitoring and reporting outcomes.
• My duties encompassed involvement in Statutory Audits, Tax Audits, Circulation Audits mandated by the Audit Bureau of Circulation, and Stock Audits. Furthermore, I played a role in the preparation and evaluation of the Internal Financial Control (IFC) certification and the Risk Control Matrix. I performed thorough analyses and audits in various domains, emphasizing process enhancement, fraud identification, and cost efficiency.
• I ensured that appropriate governance policies were established for the audit assignments in which I was engaged.
• I prepared detailed reports and performed risk analyses for each potential observation, subsequently presenting my findings to the management of the respective organizations.
• I received an Appreciation Certificate from a listed cement company for my contributions and value addition through cost optimization and fraud detection and prevention in Internal Audit
• Sectors involved - Cement (Majorly), Newspaper, Pharmaceutical, Hospitality, Stock Exchange, Insurance, Service

During my tenure, I participated in the following activities:

• Preparation of Income Tax Returns, TDS returns and tax audit report submissions

• I was also involved in conducting internal audit for a hospitality company