SARC is a firm with 17 senior partners and a pan India presence with foot prints in London and Toronto. To win the 2017 Ones to Watch in Consultancy award is of course a great honour, one feels great and on top of the world. Any recognition always motivates you to strive hard for perfection.
SARC was established in year 1986, and is based out of India with headquarters in New Delhi. SARC has 10 offices across India to provide premium services to business, governments and communities.
The key service areas of SARC include the following:
Out sourced CFO services;
Direct tax advisory;
Indirect tax advisory;
Corporate law advisory;
Foreign Exchange Management Act & Foreign direct investment advisory;
Due diligence exercise;
Transaction advisory, structuring, drafting of documents;
Negotiating, structuring joint venture and drafting of JV documents and;
2017 Ones to Watch in Consultancy
Winning this award has been a great motivation for the team here. Personally, it gives one the feeling of achieving a mile stone in life and it always helps to keep the team here moving and working hard towards performing with greater perfection and zeal.
On this note, we believe that the success of any firm or organisation or even country lies in the hands of team. The award for which we have been nominated, all credit of it goes to the team. We have a strong and dedicated team of over 200, including professionally qualified staff, interns and office staff.
Success in today’s fiercely competitive world
It is always difficult, but not impossible, to be recognised as different from the other service firms providing services in the same areas. One must create differentiation and a niche for them to be successful in today’s fiercely competitive world.
Being in a field where confidentiality is key, case studies even where name is removed is not advisable to be quoted, but it goes without saying that our clients are achieving much due to our firm’s philosophy of simple implementable solutions and on dot deliverables.
The firm’s client base includes industrial sectors such as automotive, as well as education, infra, private equity funds, asset management firms, the service sector, governments and a whole host of not for profit organisations.
Hopes and plans for 2017 and challenges, opportunities beyond
The mile stone we want to achieve this year are more recognitions such as 2017 Ones to Watch in Consultancy and we hope that the firm will continue to help people, communities, countries, governments, business enterprises so we can achieve all-round inclusive growth.
With the firm being based in India, the country has certainly undergoing the changes of its life time, whether it is demonetisation, the introduction of GST or moving towards Ind-AS, introduction to GAAR and so on. So, our biggest challenge is to keep ourselves, our clients abreast with all the new legal changes ahead and the subsequent opportunities for firm in this respect.
The above are excerpt from the inputs received from Mr. Dinesh Verma, senior founding partner of the Firm.
Brief Profile of Mr. Dinesh Verma
• Qualified as chartered accountant in 1991 from the Institute of Chartered Accountants of India
• Bachelor of Commerce (Honors), Delhi University
• Fellow member of Institute of Chartered Accountants of India
• Life member of the Indian Council of Arbitrators
• Insolvency Professional with Insolvency & Bankruptcy Board of India
• Life member of Chelmsford Club
Career path 1991 till date
• D. Verma Associates, Chartered Accountants
• SARC & Associates, Chartered Accountants
• Founding Partner & Governing Council Member of SARC & Associates
• Senior Consulting Partner at DVA Consulting Partners Private Limited
• Independent Director at Assets Care & Reconstruction Enterprises Limited
• India Board member of Indo European Business Forum
Competencies and experience
Dinesh is experienced in assurance & risk, company law, direct tax areas, M&A, transaction advisory services, valuations, due diligence, FDI and FEMA, outsourced CFO services.
Dinesh has also been a TV commentator & policy analyst for past 10 years.