Renewal of Valuer's Empanelment in Corporation Bank
With ref. to your letter OR/ZO/ADV/2501/2010-11 dated 23.12.10 for renewal of Empanelment,I have already submitted my application on 21.12.10 at Bhuj Branch as instructed by BM Niranjan Akhanisir with all credentials in your prescribed formet as per item (a) to (g).
As far as declaration is concerned,I have submitted Undertaking as per IBA Handbookwhich is also attached herewith.( Preface of Handbook says' It is hoped that all Banks & HFI's in India would adopt this document in their boards at an early date and initiate implimmentation steps in order to move towards streamlined regime of Real Estate Valuation in India") As given in Handbook, no declaration is to be insistedby Bank.
My all credentials have been verified with Originals at Bhuj Branch.
Please issue me Empanelment letter at your earliest.
I am also attaching reply from Vice President of Institution of Valuers for the declaration.
I am also attaching your letter,Declaration given by me and Handbook on Valuation by IBA,NHB & SPA for your reference.
---------- Forwarded message ----------
Date: Fri, Jan 14, 2011 at 9:22 PM
Subject: Re: Declaration required by Corporation bank-Gujarat Zone
To: Atul Mehta <
You can give the requisite information which is innocous to the bank.Regarding Declaration, only agree to first two lines& not the rest. But assure that you will render services diligently as per Code of Conduct to the best of your ability & competence while keeping the interest of the Bank as supreme.Also seek a meeting by your Branch officers with the Bank's authorities to explin your vew point. The raft Hand Book of Indian Banking Association has deleted this type of declaration.
ANNEXURE – 4
Format of Undertaking to be Submitted by the Valuer for
I, ATUL MEHTA son / Daughter of NAROTTAM MEHTA do hereby solemnly affirm and State that
- I am citizen of India
- I have not been removed / Dismissed from service / employment earlier
- I have not been convicted of any offence and sentenced to a term of imprisonment
- I have not been found guilty of misconduct in professional capacity
- I am not an undercharged insolvent
- I have not been convicted of an offence connected with any proceeding under the income
Tax Act 1961, Wealth Tax Act 1957 of Gift Tax Act 1958 and
- My Pan Card Number / Service Tax Number as applicable is ADAPM 9322Q &
Date :- 06.01.2011
Name :- Atul Mehta
Address :- 1, Pindoria Chambers,
New Station Road, Bhuj - Kutch.
This Undertaking is as per Handbook of Policy,Standards and procedures for Real Estate Valuation by Banks & HFIs In India by Indian Banks Association.