NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
OFFENCE OF INFRINGEMENT OF COPYRIGHT UNDER SECTION 63 OF THE COPYRIGHT ACT IS A NON BAILABLE COGNIZABLE OFFENCE-A CASE STUDY Name of the Case- Knit Pro International vs State of NCT of Delhi Point of Discussion – Whether Infringement of Copyright Is a Cognizable and Non Bailable offence? Introduction- Nick Harkaway, The Blind Giant […]
VALUER ARRESTED FOR CHEATING A BANK FOR 53 LAKHS A CASE STUDY A woman in her sixties who was empanelled as a gold valuer by a cooperative bank in Malad has been arrested in a case of cheating based on a complaint filed by the bank. Police said the accused, Ms ABC, had verified that
VALUER ARRESTED FOR CHEATING A BANK FOR 53 LAKHS: A CASE STUDY Read More »
CBI GETS SANCTION TO PROSECUTE 6 OFFICERS AGAINST CHANDIGARH’S KUDOS CHEMIE AFTER LOAN DEFAULT Five years after the registration of an FIR in an alleged Rs 1,300-crore scam involving Punjab National Bank’s (PNB) corporate branch here, the Central Bureau of Investigation (CBI) has received prosecution sanctions against six bank officers. The CBI has submitted the
CBI TO PROSECUTE 6 PERSONS AGAINST A LOAN DEFAULT; A CASE STUDY Read More »
POLICE COMPLAINT AGAINST A VALUER FOR INFLATED VALUE OF PROPERTY A CASE STUDY A couple has been arrested by the Malad police for cheating a bank by mortgaging gold of lesser value than the loan amount disbursed to them. A gold valuer working with the bank has also been booked but is yet to be
POLICE COMPLAINT AGAINST A VALUER FOR INFLATED VALUE OF PROPERTY: A CASE STUDY Read More »
Representative Image LONDON: British banks and building societies expect to lend 23% less to home-buyers next year, taking mortgage volumes back to their level before the COVID pandemic after a two-year boom that lifted house prices by more than a quarter. Trade body UK Finance forecast on Monday that gross mortgage lending for house purchase
UK lenders see 23% slide in mortgages for home-buyers in 2023-A CASE STUDY Read More »
RESOLUTION PLAN SET ASIDE BY NCLAT “A VALUATION CONSISTING OF MERE NAKED VALUES WITHOUT A DETAILED REPORT IS NOT VALID. IT IS A SETTLED PROPOSITION THAT THE VALUATION EXERCISE IS CONDUCTED TO FACILITATE THE COC’S DECISION-MAKING PROCESS.” PHYSICAL VERIFICATION IS A MUST-BE UNDER IBC, AND THAT TOO BY ONLY BY RV ….NOT BY AN ASSOCIATE
FAKE VALUATION REPORTS OF THE PROPERTIES ISSUED BY FORGING THE SIGNATURE AND RUBBER STAMP OF A VALUER A CASE STUDY The Fatorda police have booked three persons, including an area manager of the branch office of LIC Housing Finance Ltd Margao, in a case pertaining to the forgery of valuation reports of a property used
Home Appraised With a Black Owner: $472,000, With a White Owner: $750,000 Nathan Connolly and his wife, Shani Mott, say an appraisal company undervalued their home based on their race. The couple has filed a lawsuit in Maryland. Last summer, Nathan Connolly and his wife, Shani Mott, welcomed an appraiser into their house in Baltimore,
IS HOME APPRAISED WITH A BLACK OWNER IS LESS THAN WITH A WHITE OWNER; A CASE STUDY Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD “Questions and Opinions – 26/06/2022”. With best wishes, B. KANAGA SABAPATHY bkvaluer@gmail.com www.bkanagasabapathy.com QUESTION & OPINION Question : In one of the Questions & Opinions, you have advised the owner to sell his property after 01.04.2022 when he wanted to sell in the 3rd week of
WILL THE YEAR OF SALE EFFECTS ON TAXABLE CAPITAL GAIN: A CASE STUDY Read More »
TYPICAL SOLVED CASE STUDY ON LICENCE AGREEMENT FOR LAND N BUILDINGS ASSET CLASS FOR EXAMINATION PURPOSES SHARED FOR KNOWLEDGE GAIN PURPOSES ONLY A residential apartment building in a high-class locality was licensed in Aug. 2015 for 3 years. The area of the apartment is 2500 sq. ft. and license compensation was fixed @ Rs. 2,00,000/-
CASE STUDY The Central Bureau of Investigation (CBI) has registered an FIR against ABG Shipyard Ltd and its directors, including chairman and managing director Rishi Kamlesh Agarwal, in what could be the biggest bank fraud case in the history of India. One of the most prominent private sector shipping firms, the firm was booked for
BIGGEST BANK FRAUD CASE BY ABG SHIPYARD; A CASE STUDY Read More »
A day after the Supreme Court ordered demolition of the twin towers in Supertech’s Emerald Court housing project in Sector 93A and criticised the Noida Authority for allowing it, the civic body on Wednesday said they began an investigation to identify the officials involved in approval of the project’s plan for the towers. “The committee
Emerald Court project: Noida begins probe into twin tower case; A CASE STUDY Read More »