NEWS & EVENTS
Source Economic Times
MUMBAI: Baker Tilly DHC, the Indian arm of Baker Tilly, has formed an alliance with five smaller chartered accountant firms in the country. Baker Tilly DHC, which currently has about 1,300 people on board including about 100 partners in India, would add more than 500 people after the integration.
As per the new operational integration design, all new firms would now come under one umbrella and called Baker Tilly DHC. Some senior partners in five firms would also get some national roles in the new firm.
Dilip B Desai, chairman, Baker Tilly DHC, confirmed the development, but refused to share the names. "This is not an outright acquisition of the smaller firms as employees and their clients would be part of Baker Tilly DHC," he said. In at least one of the five cases, Baker Tilly DHC would also make a payment to some senior partners for them to join the network.
NEW DELHI: To ensure faster disposal of cases as well as reduce overall costs, chartered accountants' apex bodyICAI plans to conduct hearings of disciplinary proceedings through video conferencing.Ministry of Corporate Affairs for necessary amendments and their concurrence... this will become a reality," Fadnis said.Once the e-hearings system is put in place, the parties concerned can be heard through video conferencing platform and they would be required to file the relevant documents for hearings in advance.