NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
CONDUCT OF ARBITRAL PROCEEDINGS The arbitration process has become a powerful tool to bring business disputes to an end. The Arbitration and Conciliation Act, 1996 (hereinafter referred to as “the Act”) was enacted to consolidate, codify and amend the laws pertaining to domestic as well as international commercial arbitration and enforcement of foreign awards. The […]
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SARFEASI ACT AND ITS FEATURES – ALL VALUERS NEED TO KNOW SARFAESI Act 2002 was passed on seventeenth December 2002 to help Indian lenders recover their outstanding dues as fast as possible. SARFAESI Act 2002 (Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act) empowers financial institutions of India to distinguish and
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BORROWER RIGHTS AND RESPONSIBILITIES All borrowers have rights and responsibilities when borrowing federal direct loans. Borrowers are encouraged to contact their loan servicer for all repayment options. Borrower Rights: You have the right to a grace period before your repayment period begins. (Your parents do not receive a grace period for a Federal PLUS loan).
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IMPORTANT PRINCIPLES OF TORT-HOW IT EFFECTS THE VALUERS OPINION PRINCIPLE OF DAMNUM SINE INJURIA AND INJURIA SINE DAMNUM PRINCIPLE OF VICARIOUS LIABILITY PRINCIPLE OF VOLENTI NON-FIT INJURIA PRINCIPLE OF NEGLIGENCE PRINCIPLE OF NUISANCE PRINCIPLE OF TRESPASS TO PROPERTY PRINCIPLES OF REPUTATION AND PRIVACY PRINCIPLE OF STRICT LIABILITY AND ABSOLUTE LIABILITY 1. PRINCIPLE OF DAMNUM
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PRECAUTIONS AND REQUIREMENTS AT CONSTRUCTION SITE Hard Hat or Helmet Hard hat or helmet is issued to each and every personnel working on site. It has to be worn all times at job site. Safety Glasses Safety glasses are required at construction site every time debris is filled in air due to activities on site.
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IMPORTANT INPUTS FOR THE DISCOUNTED CASH FLOW 1. Cash flows 2. Discount rate 3. Terminal value 1. Cash flows: – Cash Flow (CF) represents the net cash payments an investor receives in a given period for owning given security (bonds, shares, etc.). When building a financial model of a company, the CF is typically what’s
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COMPARABLE TRANSACTION MULTIPLE (CTM) METHOD The cost of a comparable transaction is one of the major factors in estimating the value of a company that is being considered as a merger and acquisition (M&A) target. The reasoning is the same as that of a prospective home buyer who checks out recent sales in a neighborhood.
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PROPERTY AND ITS TYPES Property has a very wide meaning in its real sense. It not only includes the money and other tangible things of value but also includes intangibles. These can be anything that can be a source of income or wealth. The term property describes anything that someone – a person or a
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MEANING OF “OSTENSIBLE OWNER” FOR A VALUER Ostensible means something that is not real or true. Ostensible owner means a person who is not the real owner of the property he represents the real owner in transfers made to the third party Ostensible owner as per act: Section 41 of the act sets out that
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BASIC THUMB RULES FOR VALUERS & CIVIL ENGINEERS Thumb Rules For Civil Engineering is essential for any civil engineer, Site engineer, or civil supervisor. They play a crucial role while taking quick decisions on site. The Thumb Rule of Civil Engineering or the thumb rule for construction helps you in finding out the solution using
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DIFFERENT TYPES OF DIGITAL TOOLS USED IN CIVIL CONSTRUCTION 1. Digital measuring tape: These digital measuring tapes have an accuracy of ∓ 1mm., with the least count of 0.1cm. They have auto-lock blades with a pressure release button & belt clips, similar to the conventional measuring tapes. When you put the tape in the outside measurement
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PREAMBLE OF THE CONSTITUTION OF INDIA The Preamble is called the introduction letter of the Indian Constitution. The preamble was amended by the 42nd Constitutional Amendment Act in 1976, in which three new words Socialist, Secular, and Integrity were added. The Preamble serves as an introduction to the Constitution. It secures justice, liberty, equality to
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