NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
IBBI FOR STARUTORY RECOGNITION OF VALUATION PROFESSIONALS New Delhi (15-October-2019): The Insolvency and Bankruptcy Board of India (IBBI) Chairman Mr. M. S. Sahoo has said that there should be a statuary nod given to valuation professionals in India to further streamline the profession. Speaking at an event here, Sahoo said: “IBBI is looking for valuers […]
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Restrictive Covenant -All you need to know about A covenant imposing a restriction on the use of land so that the value and enjoyment of adjoining land will be preserved Meaning of restrictive covenant It is any type of agreement that requires the buyer to either take or abstain from a specific action In real
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Insolvency and Bankruptcy code 2016 The insolvency and bankruptcy code 2016 is bankruptcy law of India which seeks to consolidate the existing framework by creating a single law Commenced 28 may 2016 Insolvency is the state of being unable to pay the money owed, by a person or company, on time Bankruptcy is the legal
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Important Case Laws on principles of valuation of Real Estate – R.C. Cooper Vs. Union of India, (1970) AIR SC 564 Background In 1970, the Supreme Court, in its judgement on Rustom Cavasjee Cooper v. Union Of India, popularly known as the Bank Nationalization case, held that the Constitution guarantees the right to compensation, that
Goodwill Valuation If is a special type of intangible assets that represents that portion of the entire business value that cannot be attributed to other income producing business assets, tangible or intangible Generally goodwill may be valued at the time of disposal of business of the firm The monetary value of the well established firm
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IMPORTANT FORMULAS NEED TO REMEMBER FOR THE VALUATION PROFESSION – COMPILED BY DR RAJWINDER SINGH 1. Amount of Rs. P/ at the end of the nth year will be A= P× (1+ i) n 2. Then (Present Value) P= 1/(1+ i)^n 3. THE AMOUNT OF ₹.1 PER ANNUM(S) The following three points are to be
HOW TO UNDERSTAND THE REVENUE TERMINOLOGY IN INDIA AN OVERVIEW Khewat Number The Khewat number normally referred to as ’KHATA NUMBER’ by revenue officials is the account number given to the owner(s) which forms a set of co-sharers who own the land in same or different proportions. It, therefore, can be understood as the account
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