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Companies (Registered Valuers and Valuation ) Rules 2017
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amibrahim



Joined: 03 Sep 2008
Posts: 349

PostPosted: Tue Feb 06, 2018 3:37 pm    Post subject: IBBI Valuers Reply with quote

Thanks Shri Jagan ji.



Last edited by amibrahim on Tue Feb 06, 2018 3:42 pm; edited 1 time in total
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amibrahim



Joined: 03 Sep 2008
Posts: 349

PostPosted: Tue Feb 06, 2018 3:39 pm    Post subject: aide-memoir Reply with quote

aide-mémoire: 
 (1)  THE COMPANIES ACT, 2013 CHAPTER XVII - REGISTERED VALUERS:

Section 247. Valuation by registered valuers.—(1) Where a valuation is required to be made in respect of any property, stocks, shares, debentures, securities or goodwill or any other assets (herein referred to as the assets) or net worth of a company or its liabilities under the provision of this Act, it shall be valued by a person having such qualifications and experience and registered as a valuer in such manner, on such terms and conditions as may be prescribed and appointed by the audit committee or in its absence by the Board of Directors of that company. .

(2) Insolvency and Bankruptcy Board of India (IBBI) was appointed as Valuer Registration Authority for section 247 of the Companies Act 2013 on 27th December 2017.  

(3).Vide Press Release of IBBI dated 31st December, 2017, a registered valuer may conduct valuations under any other law, if required or permitted under that law or the concerned authority which may be construed a valuer registered by Income-tax Authority can also value for Companies Act 2013 or vice versa?  

4) What will happen to the corporate members admitted prior to 27th December 2017 of the following Institutions: i) Institution of Valuers; ii) PVAI; iii) Institution of Government Approved Valuers; iv) The  Indian Institution of Valuers and v) Centre for Valuation Studies, Research and Training?

a.m.Ibrahim




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Last edited by amibrahim on Thu Feb 22, 2018 11:56 am; edited 1 time in total
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djagan1949



Joined: 07 Jan 2009
Posts: 290

PostPosted: Wed Feb 07, 2018 9:09 am    Post subject: aide-memoir Reply with quote

Respectable Sri. Amibrahim Sir,

I fully understand and endorese your concern, worry and anxiety for our valuers feternity's survival.  More than 20,000 qualified valuers enrolled over a long period of 4 decades with mutual trust cannot be left in lurch to fend for themselves with an examination and a cut off date.

Warm regards

Vr. D. Jagannathan

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amibrahim



Joined: 03 Sep 2008
Posts: 349

PostPosted: Fri Mar 30, 2018 6:48 am    Post subject: IBBI ONLINE EXAMINATION Registration Portal Reply with quote

IBBI Valuation Examination Commences on 31st  March 2018; ;log on valuation examination and appropriate asset class and then proceed:Provided by: am. Ibrahim  A

 

Model PAper L&B 28 Mar_2018-03-29 21:39:54.pdf   

Model Paper P&M 28Mar_2018-03-29 21:39:14.pdf   

Model Paper FA 28 Mar_2018-03-29 21:40:38.pdf  

 Press Release Valuation Examination-R.pdf

IBBI Commences Valuation Examination

Insolvency and Bankruptcy Board of India | Home

 Valuation Examination-Asset Class- Land & Building

Valuation Examination-Asset Class- Plant & Machinery

Valuation Examination- Asset Class- Securities or Financial Assets

 

 




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