Golden Jubilee Indian Valuers Congress at Delhi, October, 2019 – Soaring High

April 18 00:04 2019

Educating delegates on how to value assets on the basis of scientific and legally accepted procedure and standard norms

Institution of Valuers is all set to organize the 50th Indian Valuers Congress on October 12th & 13th, 2019 at Delhi. Indian Valuers Congress (IVC) is an annual event inaugurated and is well attended by the fraternity of Valuers and other stake holders from all across India. The event is inaugurated by the persons of eminence and of stature at the highest level in authorities.  Last year, IVC happened at Hyderabad in the month of December, 2018.The Indian Valuers Congress provides platform for the valuers’ fraternity to come together, interact and exchange views in the field of valuation.

State-of-the-art lectures, invited talks, paper presentations and industrial presentations from distinguished professionals, research scholars as well as reputed financial institutions from all over India are the hallmarks of the event, this is held in different cities across India. The Congress highlights the effects of taxes and the legislation on immovable and movable assets, clarifying existing ambiguities and controversies on the subject. It also inculcates a feeling of mutual affinity amongst valuers, Central / State Government Departments, FInancial authorities, banking sectors, Chartered Accountants and other intellectuals. 

Counted amongst the top five valuers associations of the world, IOV is a premier organisation of more than 30,000 professionals valuing moveable and immovable properties, stocks, shares, debentures, business assets including goodwill, jewelry, works of art, mines, machinery etc. The 50-year old body assists in the formulation of ideas and spreading knowledge related to valuation, whilst guiding general public, government and semi-government bodies in adjudicating disputes related to valuation. 

IOV Registered Valuers Foundation is a brainchild of the Institution of Valuers (IOV) and is a recognised Registered Valuers Organisation by the Insolvency and Bankruptcy Board of India (IBBI) as per the companies act. It conducts courses to certify valuation professionals in three classes of assets viz, Land & Building, Plant & Machinery and Securities & Financial Assets. Valuers, including existing professionals & new aspirants, are required to get 50 hours mandatory training through a Registered Valuers Organisation before passing an exam conducted by IBBI. Clearing which they can get registered with IBBI and obtain a Certificate of practice in the field of Valuation under NCLT and IBC acts.

The entire process as under companies Registered Valuers & Valuation Rules, 2017 under Companies Act, 2013 (18 of 2013) aims at regularizing the profession and the professionals, thereby streamlining the activities in the field of Valuation. Such events gain prominence in the sense that the lectures, discussions and debates during the course of these events, the fraternity, not only become aware of the latest developments, but also upgrade their knowledge about the profession. The events also provide an insight of profession for the stakeholders.

As per the Company Act, 2013, valuation can be carried out by only those professionals who have been trained by RVOs recognized by the IBBI. This notification, released in the year 2017, was aimed at formulating ‘Valuation Standards’ and registering valuers with the IBBI recognized Organisations (RVOs), IOV-RVF being the premier among them. The move, according to experts, will boost knowledge of professionals in the industry and ultimately benefit the Indian economy.

Media Contact
Company Name: The Assistants Concierge Service
Contact Person: Mr. Vishesh Singhania
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Phone: +917217619127
Country: India
Website: www.iovrvf.org

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