M.C. BHANDARI & CO

20+

Years of Experience

// About Us //

Trust With Our Best Accountants

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Our Introduction

M.C. Bhandari & Co, Chartered Accountants (‘MCB’) was founded in the year 1957 by Late M.C. Bhandari, former President of ICAI and one of the pioneers of the Chartered Accountancy profession in India.

At present, the firm is steered by 15 FCA partners and 10 Qualified CA Employees. The core team of CAs have cumulative post-qualification experience of more than 400 years.

The team is aided by qualified and seasoned resources comprising of MBAs, Company Secretaries, Cost Accountants, Lawyers, Engineers, Insolvency Professionals, Registered Valuers, IT Professionals, Retired Bankers etc. The firm also has access to various Industry and Subject Matter Experts.

The Firm renders professional services in the areas of Statutory Audit, Internal Audit, Forensic Audit, Transaction Advisory (both buy-side & sell-side), Banking related assignments such as TEV Study, Due Diligence, Restructuring, Cash Flow and Specialised Monitoring etc., Taxation, Corporate & Business Regulations, IBC related allied services etc.

The Firm has offices at Kolkata, Mumbai, New Delhi, Hyderabad, Jaipur, Guwahati, Kota and Cuttack.

The firm is empanelled with C&AG for Major Audits, with RBI as Category I Firm and with IBA for Forensic Audits as well as Agency for Specialised Monitoring and various agencies like NABARD, SEBI, IRDA, NHAI etc.

The firm is Peer Reviewed under the norms of the ICAI as per the requirements of Securities & Exchange Board of India for auditing entities listed on Stock Exchanges in India.

During the professional journey spanning across more than 6 decades, the firm had opportunities to serve various marquee clients across diverse sectors.

Late M C Bhandari ji
Rooted in Ethics. Focused on Outcomes. Committed to your Journey.

Founded in 1957 by Late Shri M.C. Bhandari, former President of the ICAI and a pioneer of the accountancy profession in India, the firm is presently led by 15 Partners with a pan-India presence. The partners have professional experience ranging from 15 years to 50 years in their respective field.

Our strength lies in our multidisciplinary team, comprising Chartered Accountants, MBAs, Company Secretaries, Cost Accountants, Insolvency Professionals, Registered Valuers and sector specialists – enabling us to offer deeply insightful, value-driven services.

Our aim is to provide comprehensive, tailor-made professional services that help our clients navigate complexity, manage risk, and unlock value. We do this with a relentless focus on quality, backed by deep domain expertise, ethical conduct, attention to detail, and a client-first approach in everything we do.

We provide a wide spectrum of professional services including Statutory and Internal Audits, Forensic Audits, Buy-side & sell-side Transaction Advisory, Financial & Tax Due Diligence, Transaction Structuring, FEMA advisory, Corporate & Securities Law Advisory and IBC-related services.

How We Works

Audit & Assurance

01

Tax Planning

02

Advisory

03

Enterprise

04

Vision

To consistently deliver high-impact, client-focused solutions across assurance, advisory and regulatory domains, driven by attention to detail, deep knowledge, and unwavering ethical standards.

Mission

To build an institution of excellence that stands as a benchmark in the professional services domain, where integrity, insight, and innovation converge to empower businesses and create lasting value for our clients and the communities we serve.

Our Partners

Qualifications:

M.Com, FCA

Experience:

45 Years

Brief Profile:
  • Megh Raj is the Managing Partner of the firm and is responsible for overall management of the firm across all the locations.
  • He has been associated with the firm since 1980.
  • He has deep expertise in the field of Management Advisory, Statutory Audit, Internal Audit, Bank Audits, Forensic Audits, Specialized Audits, Corporate & Financial Restructuring including Mergers, Acquisition & Divestitures and Due Diligence and have advised clients on various aspects of Corporate & Securities Law.
  • He has vast experience in the audit of large Corporates, Banks, Public Sector Undertakings, Insurance Companies, NBFC etc.
Qualifications:

B.Com, FCA

Experience:

53 Years

Brief Profile:
  • Vijay is the senior-most Partner of the firm and has been associated with the firm since 1973.
  • His areas of expertise are Assurance & Corporate Law Advisory and has conducted Statutory & Internal Audits of various Public Sector Undertakings and Listed Entities.
Qualifications:

B.Com, FCA

Experience:

49 Years

Brief Profile:
  • Pradipta has been associated with the firm since 2014.
  • He has more than 3 decades of experience in Insurance industry.
  • His areas of interest lies in Assurance & Risk Advisory
Qualifications:

 B.Com, FCA

Experience:

48 Years

Brief Profile:
  • Sajjan has been associated with the firm since 1985.
  • He has deep expertise in the field of Direct & Indirect Taxation, Transfer Pricing and International Taxation and has handled various complex assignments for various listed and non listed
    clients.
Qualifications:

B.Com, FCA

Experience:

41 Years

Brief Profile:

He has more than 4 decades of experience and was previously held senior leadership position with a Mini Ratna Company.

He has deep expertise in the field of Direct & Indirect Taxation, Internal Audit & Controls and has handles various complex
assignments for various listed and non – listed clients.

Qualifications:

 B. Sc. Physics,
FCA,DISA

Experience:

40 Years

Brief Profile:

Amit has been associated with the firm since 2020.

He has more than 3 decades of experience at senior leadership position in a leading PSU power company.

His areas of interest lies in Forensic Auditing, Specialised/Project &
Cash Flow Monitoring etc.

Qualifications:

 M. Com, FCA

Experience:

39 Years

Brief Profile:

Chandra has been associated with the firm since 2020.

He has more than 3 decades of experience at senior leadership position in a leading PSU power company.

Qualifications:

B.Com,
M.Com, FCA,
DISA

Experience:

35 Years

Brief Profile:

He has more than 3 decades of experience at senior leadership position in a leading PSU power company.

His expertise lies in Statutory & Internal Audit

He has vast experience in the audit of large Corporate Banks, Public Sector Undertakings, Insurance Companies, NBFCs etc.

Qualifications:

B.Com, FCA

Experience:

27 Years

Brief Profile:

Pawan has been associated with the firm since 2005.

He has diverse experience in Project Financing, Management Advisory, FEMA Compliances and Corporate Governance Review and Reporting under Sarbanes-Oxley for clients across sectors such
as Infrastructure & Power, EPC, Trading, Natural Resources, Healthcare etc.

Qualifications:

B.Com, FCA

Experience:

25 Years

Brief Profile:

Ravindra has been associated with the firm since 2001.

He has more than 2 decades of professional expertise in handling audits, business restructuring assignments and taxation matters.

Qualifications:

B.Com, FCA

Experience:

25 Years

Brief Profile:

Raju has been associated with the firm since 2019.

He has prior industry experience of working with Textile Sector and has deep expertise in Corporate Law, Direct & Indirect Taxes.

Qualifications:

B.Com, CS,
FCA, CISA,
DISA,
CPA(USA),
Insolvency
Professional,
Registered
Valuer

Experience:

20 Years

Brief Profile:

Neeraj has been associated with the firm since 2010.

He has deep expertise in assignments relating to Statutory Audits,
Forensic Audits, Internal Audits, TEV Studies, Business Restructuring & Resolutions including CIRP assignments under
Insolvency &

Bankruptcy Code, Ind-AS transitions, Due Diligence, Specialised Monitoring on behalf of lenders and Management Advisory.


He is a registered Insolvency Professional and also holds DISA &
CISA certifications.


He is a registered Valuer (Securities & Financial Assets category).

Qualifications:

B.Com, CS,
FCA, DISA

Experience:

19 Years

Brief Profile:

Neelima has been associated with the firm since 2006.

She has handled a variety of assignments in the domain of Bank Audits, Internal Audits, Forensic Audits, Specialised Monitoring on behalf of lenders and Corporate Law matters.

Qualifications:

B.Com, FCA,
DISA, MBA

Experience:

13 Years

Brief Profile:

Nisha has been associated with the firm since 2011.

She has prior experience of working in leading global investment banks and has expertise in Merchant Banking, Project Appraisal, Bank Audits and Forensic Audits.

She has successfully completed Certificate Courses of ICAI on Forensic Accounting & Fraud Detection, Concurrent Audit of Banks, IFRS and Audit of Co-Operatives and also holds the DISA Diploma.

Qualifications:

B.Com, CS,
FCA, DISA,
MBA,
Registered
Valuer

Experience:

13 Years

Brief Profile:

He is a Chartered Accountant and an MBA from Indian School of
Business.

His prior work experience include investment banking stints with global MNC firms and Big4s.

Apart from India, he has worked across diverse geographies including Canada and Dubai.

He has vast experience in the audit of large Corporates, Banks, Public Sector Undertakings, Insurance Companies, NBFCs, etc.

Our Partners

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Our Team

Qualifications:

B.Tech,
M Tech

Experience:

45 Years

Brief Profile:

Alumnus of IIT Bombay, superannuated from IDBI Bank as CGM

Has Experience of appraising and monitoring credit proposals and
recovery mechanism.

Used to lead Stressed Assets Stabilisation Fund of IDBI Bank at the time of retirement

Qualifications:

B.Com,
Company
Secretary

Experience:

42 Years

Brief Profile:

A Company Secretary with a professional experience of more than 4 decades.

His areas of expertise is Corporate Law Advisory and Business regulations.

Qualifications:

 B.Sc, CAIIB

Experience:

40 Years

Brief Profile:

Superannuated from UCO Bank as GM where he used to head the Treasury, Forex and Finance & Accounts divisions

Successfully resolved CIRP assignments in the capacity of Resolution Professional of various companies.

Qualifications:

 B.Eng
(Electronics),
Masters in
Financial
Management

Experience:

32 Years

Brief Profile:

Khiresh has more than 3 decades of experience in Investment Banking & Commercial Banking across SBI Capital & IDBI Bank.

Expertise in financial modeling, capital raising for debt and equity, stressed assets resolution, mergers & acquisitions and turnaround
packages

Our Presence

Pan-India presence through 15 Partners and 10 CA
employees serving clients from Kolkata, Mumbai, New Delhi,
Hyderabad, Jaipur, Guwahati, Kota & Cuttack.

125+ committed professionals to deliver various business
solutions to our clients

The firm used various tools for client engagement & service
delivery such as Caseware IDEA, XcelAudit, CCH iFIrm,
PowerBI etc.

Due impetus is given to Continuing Professional Education at the firm and all team members are encouraged to hone their skills through various courses provided by the ICAI and other bodies. Amongst others, the Partners of the firm have successfully completed the following Post-Qualification courses/ certifications offered by ICAI and other bodies: Courses Number of Partners

Courses No. of Partners
Diploma on Information Systems Audit 6
Registered Valuers 2
Insolvency Professionals 1
Forensic Accounting & Fraud Detection 5
Ind-AS/IFRS 2/2
GST 1
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