Empanelment

PNB invites application for empanelment for CA/CMA/CS for due diligence report

PNB invites application for empanelment for CA/CMA/CS (firms / individuals) for preparation of due diligence report

Punjab National Bank Zonal Office Ahmadabad is inviting application for empanelment for chartered accountant/cost accountant/company secretary (firms / individuals) for preparation of due diligence report

Pre-Requisites for enlistment as Due Diligence Professional:

Technical Expertise & qualification – The professional (firm/individual) shall consist of Chartered Accountant /Cost Accountants / Company Secretaries. The professionals shall be in full time practise. It shall be ensured that due diligence work is conducted by qualified professionals and not by trainee/articles of the firm.

Experience –The firm/individual should have minimum 5 years of experience in the field of specialization/services. Professionals already listed with other banks/financial institutions will be given due preference, while considering empanelment. This, however, is not a pre-condition for empanelment.

Proven track-record – The firm/individual should have a good track record. The professional (firm/individual) to be empanelled should not have been debarred y RBI/Institute of Chartered Accountants of India/ Institute of Cost Accountants of India/ Institute of Company Secretaries of India, should not have any case registered against them, not have dis-empaneled by any bank/FI, convicted of any offence in any law, not be an undischarged insolvent and not been found guilty of any professional misconduct. An undertaking in this regard to be obtained at the time of application

Constitution – Professionals means Individual or Firms of Chartered Accountants (CA)/ Cost Accountants / Company Secretaries (CS).

Engagement of the Professional (firm/individual) should be restricted to the Zone where he is empanelled. A declaration to the effect that the professional (firm/individual) is not empaneled nor has sought empanelment from any other Zonal Office of the bank, shall be obtained at the time of applying for empanelment.

The firm/individual should not have been caution listed in the list published by IBA.

Duration: The duration of empanelment shall be for a period of 3 years. Already empanelled professionals (firms/individuals) are required to apply for the empanelment again after 3 years and shall be treated as fresh applicants

Last date : 23.06.2025

Address of Punjab National Bank Zonal Office

Punjab National Bank
Zonal Office
4th Floor, Chanakya Building,
Near Dinesh Hall, Off Ashram Road,
Ahmedabad-380009
Email: zoahm@pnb.co.in

Download PNB Tender Document Click Here >>

Share

Recent Posts

  • Income Tax

Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.

ITAT power to pass such orders "as it thinks fit" implies a judicial discretion to be exercised within the parameters…

2 days ago
  • Income Tax

Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT

Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…

4 days ago
  • ICAI

Last date to submit MEF 2026-27 extended to 09.09.2026

ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…

4 days ago
  • Income Tax

Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand

Can a demand notice be issued u/s 156 for non-payment of Dividend tax u/s 115-O, when as per assessment order…

6 days ago
  • Income Tax

Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts

The issue already examined and adjudicated by the quasi-judicial authority, i.e., CIT(Appeals), cannot be reopened on the same set of…

7 days ago
  • Income Tax

TDS can’t be denied for non deposit of tax deducted by the deductor – High Court

One TDS is deducted, credit has to follow, failure of deductor to deposit the amount to the credit of the…

1 week ago