RV’s ESSENTIAL DOCUMENTS KIT
FOR EVERY REGISTERED VALUER OF CEV IAF RVO
THE KIT OF IMPORTANT ESSENTIAL DOCUMENTS & SUBMISSION OF HYRs
FOR FY 2024-2025 ONLY
M-1. ANNUAL MEMBERSHIP FEE TO BE PAID BY ALL RVs
ADHERING TO BYE-LAW 11
THE COMPANIES (REGISTERED VALUERS AND VALUATION) RULES, 2017.
BYE-LAWS OF A REGISTERED VALUERS ORGANISATION.
Membership Fee.
11. The Organisation may require the members to pay a fixed sum of money as its annual membership fee.
M-1 ANNUAL MEMBERSHIP FEE PAYABLE BY ALL MEMBERS OF THE REGISTERED VALUERS ORGANISATION
M-2. UID GENERATOR: THIS UID TO BE PRINTED ON EVERY PAGE OF THE VALUATION REPORT OF THE RVs WITH DATE OF GENERATION
Only if an RV has done any report under the statuary provisions of the company’s act, during this half-year (means 01/04/2024 to 30/09/2024).
He has to generate the UID immediately (mandatory) available on Serial Number 2 and print it on every page of the report immediately along with the date of generation. The same UID should be reflected in the HYR & a copy of the Valuation reports, to be submitted after 31st MARCH OR 30th SEPTEMBER OF EACH FINANCIAL YEAR for peer review purposes.
This process is helpful for the renewal of COP immediately.
WITHIN HYR DAYS DATES UPTO 31 ST MARCH OR 30 TH SEPTEMBER
(WILL EXPIRE AUTOMATICALLY ON LAST DATE)
M-3. SERIAL NUMBER-3 (M-3)
M-3. DATA SHEET TO BE FILLED BY EVERY REGISTERED VALUER ON A YEARLY BASIS (only once in a year)
This form (M-3) is to be submitted at the end of each financial year and to be filled between 01/04/2025 to 15/04/2025 of every year.
M-4. M-4 SOFT COPY
DATASHEET TO BE FILLED BY EVERY REGISTERED VALUER ON A HALF-YEARLY BASIS (Twice in a year)
This form (M-4) is to be submitted on a half-yearly basis by all the Registered Valuers as per Section 247 of Companies Act.
THE COMPANIES (REGISTERED VALUERS AND VALUATION) RULES, 2017.
BYE-LAWS OF A REGISTERED VALUERS ORGANISATION.
VIII. MONITORING OF MEMBERS
15. The Organisation shall have a Monitoring Policy to monitor the professional activities and conduct of members for their adherence to the provisions of the Act, rules, regulations and guidelines issued thereunder, these bye-laws, the Code of Conduct and directions given by the Governing Board.
16. A member shall submit information about ongoing and concluded engagements as a registered valuer, in the manner and format specified by the Organisation, at least twice a year stating inter alia, the date of assignment, date of completion and reference number of valuation assignment and valuation report.
17. The Monitoring Committee shall review the information and records submitted by the members in accordance with the Monitoring Policy.
All data filled in SERIAL NUMBER 2 should reflect in this form (Mandatory Requirement)
This form (M-4) is to be submitted on a half-yearly basis. All data filled in SERIAL NUMBER 1 & SERIAL NUMBER-2 should reflect in this form (Mandatory Requirement)
M-5. UNDERTAKING SOFT COPY
COMPULSORY UNDERTAKING TO BE SENT BY EVERY REGISTERED VALUER ON YEARLY BASIS
M-6. PEER REVIEW FORMATS
QUESTIONS RELATING TO COMPLIANCE WITH RULE 8(3) OF COMPANIES (REGISTERED VALUERS & VALUATION) RULES, 2017 & CODE OF CONDUCT:
M-7. GENERATION OV VRIN FROM THE IBBI WEBSITE
HOW TO GENERATE THE VRIN
You can use the following credentials to access IBBI website:
URL: https://ibbi.gov.in/en/users/
Username : RV-xxxxx
Password: The old password
The user id pattern for RV login is “RV-(last five digit of the RV Registration number)”
The user id pattern for RVE login is “RVE-00(last three digit of the RVE Recognition number)”
In case the password needs to be changed, you can reset the password using this url ( https://ibbi.gov.in/en/users/
In order to reset the password using the link, please use the registered email id and select role “RV” or “RVE”, as the case may be. Then email, to reset the password, will be received at the registered email.
If anyone has any doubts or anything to ask he can contact on helpline number available on the official website of the organization WWW.CEVIAF.ORG or any member of the monitoring committee.