Our founders & legacy

Built on a strong foundation…

Late Mr. Natwarlal A. Shah laid the foundation of the firm in 1965. A dynamic personality, a knowledge powerhouse and visionary, he grew the clientele base with his strong relationship driven approach. His sons, Mr. Ashok Shah, Mr. Jayendra Shah and Mr. Sandeep Shah joined the firm from 1977 to 1984. They nurtured the practice from a taxation focused firm to a multidisciplinary niche Indian Accounting Firm. Mr. Jayendra Shah branched out of the firm in 2017 to start his boutique advisory firm. The firm always enjoyed deep rooted relationship with its clients, promoters, entrepreneurs, and professionals.

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…. The journey continues

Our Journey Since 1965

Six Decades of Trust & Excellence

We honour the past with gratitude, embrace the present with pride,
and step into the future with confidence — together.

1965
1965
The Foundation

Late Mr. N. A. Shah began his practice at Fort office, laying the foundation of a firm built on trust and professional excellence.

1977–84
1977–84
A Family Legacy

The three brothers — Ashok, Jayendra and Sandeep Shah — joined their father, expanding the firm's capabilities.

1994
1994
Multidisciplinary Evolution

Transitioned into multidisciplinary practice — Business Advisory, Audit & Assurance, and Family Governance.

2000
2000
Going Cross-Border

Expanded with Cross-Border Advisory and Transfer Pricing — new horizons for clients with global ambitions.

2016
2016
Strategic Merger

Merger with N. K. Sheth & Co. added GST/Service Tax verticals, strengthening the firm's service bouquet.

2019
2019
Growing Stronger

Merger of M. A. Parikh & Co., welcoming its continuing partners and deepening capabilities.

2022
2022
Internal Audit Vertical

Internal Audit established as a dedicated vertical, focusing on operational efficiency and compliance.

2024
2024
New Leadership Chapter

CA Milan Mody took charge as Managing Partner — a milestone in succession planning and vision.

2026
Today · 2026
A Thriving Legacy

A multidisciplinary organisation of excellence across generations.

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Team