CEV INTEGRAL APPRAISERS FOUNDATION
ADVISORY FOR TRAINING AND CEP POINTS
Dear Valuer Members
As per the information of the decision of the authority, IBBI taken in a board meeting with RVOs MDs & CEOs on 7th December the validity of conducting online classes may be extended up to 31st March 2022.
In line with the provisions of the Companies (Registered Valuers and Valuation) Rules, 2017, guidelines and directions issued by IBBI, the core objective of Training and CEP is to lay down the structured framework for imparting adequate professional training to the Valuer Members to conduct valuations of any asset class, for which a valuer member is registered.
Following are the Advisory on CEP Points to all the Registered Valuer Members of the organization
1. COVID-19 pandemic has caused disruption to the lives and livelihoods of many, and normal life was badly affected in large parts of the country. in view of the special circumstances, IBBI in a recent meeting held that:
· It is not mandatory to earn 16 CEP Credit Points in a financial year, rather it has now been amended to undertake a minimum of 10 Credit Points of CPE/CEP in one financial year starting from April 01, 2020”
And
· “A minimum of 48 Credit Hours of CPE/CEP in each rolling block of 3 years starting from April 01, 2020, to March 31, 2023, failing which, Certificate of Practice shall not be renewed.
| CEP CRITERIA | MINIMUM POINTS |
| In one year (Starting from April 01, 2020) | Minimum 10 Credit Points |
| In Three years block (Starting from April 01, 2020, to March 31, 2023) | Minimum 48 Credit Points |
2. CPE/CEP means and includes credit hours awarded to the registered valuer member who has participated in any of the approved CPE/CEP programs for Workshops, Conferences, Seminars, Training Programmes, Refresher Programmes, Certificate Courses, Conventions Symposia, and the like for the registered valuers and excludes opening remarks, short intervals, lunch break and vote of thanks. Learning Activities and CPE/CEP Credit Hours are produced as under:-
| S. No. | Learning Activity in the areas relevant for RVs | Credit Hours |
| 1 |
Workshops, Conferences, Seminars, Training Programmes, Refresher Programmes, Certificate Courses, Conventions and Symposia and the like |
Credit for the duration of technical sessions |
| 2 | Acting as faculty in any of the activities in SL. No. 1 |
Equivalent to the duration of the activity |
| 3 | Publication of an article in any national newspaper | 4 hours |
| 4 | Publication of an article in a journal of the Board, an IPA, an RVO, a Professional Institute, or a referred national or
International journal bearing ISSN number |
4 hours |
| 5 | Publication of a Book bearing an ISBN number | 16 hours |
| 6 | Pass in Limited Insolvency Examination | 16 hours |
| 7 | Pass in Valuation Examination of an asset Class | 16 hours |
3. CEP conducted by any RVO should be in valuation-related subjects only.
4. CEV IAF reserves the right to reject a program conducted by any RVO on the basis of merit and guidelines issued by IBBI which will result in non-credit of CEP.
RELATED POSTS:-
How to become a Registered Valuer under Companies Act? ALL YOU NEED TO KNOW -An Overview
UNDERSTANDING DIFFERENCE BETWEEN REPRODUCTION, RECONSTRUCTION, REPLACEMENT & REINSTATEMENT
USEFUL INFORMATION ON CONTRACTS & VALUATION: BEAUTIFULLY COMPILED ARTICLE PRESENTATION WORTH READING
Difference Between Pledge, Hypothecation, Mortgage & Assignment-All You Need to Understand
Disclaimer :
We take all possible care for accurate & authentic news/empanelment/tender information, however, Users are requested to refer Original source of the Notice / Tender Document published by the Issuing Agency before taking any call regarding this tender.