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Ten points to be remembered by a valuer who does not want to face any enquiry

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 14.09.2023 Ten points to be remembered by a valuer who does not want to face any enquiry : 1. Know the purpose of valuation and certify the value accordingly. 2. Mention in your report clearly that your report should not be used for any other …

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Ten Case Laws relevant to panel valuers in the observation of the courts

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 13.09.2023 Ten Case Laws relevant to panel valuers in the observation of the courts : 1. A valuer is not an expert to test the genuineness of the documents. – L.N. Rajagopalan Vs State – CRL.R.C.No. 1063 of 2008 – Madras High court 10.08.2009. 2. …

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Ten points relevant to panel valuers in the observation of the courts

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 12.09.2023 Ten points relevant to panel valuers in the observation of the courts : 1. A valuer is not an expert to test the genuineness of the documents. 2. A valuer is not competent to certify the genuineness of the title. 3. A valuer is …

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Ten points to be remembered by a registered valuer when he wants to do valuation for capital gains

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 11.09.2023 Ten points to be remembered by a registered valuer when he wants to do valuation for capital gains : 1. Before accepting the valuation assignment, the valuer must know clearly for what section of Income Tax Act, he is required to do valuation. 2. …

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Ten points to be remembered by a SARFAESI valuer

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 09.09.2023 Ten points to be remembered by a SARFAESI valuer : 1. Value varies with purpose. The purpose of valuation under SARFAESI Act is to certify the auction value. 2. Before undertaking the assignment, ascertain first whether the property is a SARFAESI compliant property. 3. …

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Ten points to be remembered by a panel valuer when he wants to do valuation for collateral securities

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 08.09.2023 Ten points to be remembered by a panel valuer when he wants to do valuation for collateral securities : 1. Value varies with purpose. The purpose of valuation for collateral security is to certify mainly the present market value. Insist for an engagement letter …

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Ten points to be remembered by a panel valuer when he wants to do valuation for primary securities

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 07.09.2023 Ten points to be remembered by a panel valuer when he wants to do valuation for primary securities : 1. Value varies with purpose. The purpose of valuation of primary securities (in most of the times) is to certify the cost. 2. Primary security …

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Ten points to be remembered while doing valuation for lessor or lessee

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 05.09.2023 Ten points to be remembered while doing valuation for lessor or lessee : 1. The income approach is the appropriate method to do valuation in the hands of either lessor or lessee. 2. The lessor’s interest or lessee’s interest mainly depends on the terms …

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Ten points to be remembered while doing valuation of leasehold properties

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 04.09.2023 Ten points to be remembered while doing valuation of leasehold properties : 1. A lease is the outcome of the rightful separation of ownership and possession. 2. The valuer must ensure whether the lease is a building lease or an occupational lease. 3. A …

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Ten points to be remembered while doing valuation for the purpose of computing compensation for land acquisition

KNOWLEDGE BANK  LET KNOWLEDGE SPREAD Message from B K Aruna 03.09.2023 Ten points to be remembered while doing valuation for the purpose of computing compensation for land acquisition (Courtesy : Mr. A. Anbazhagan) 1. For the purpose of valuation for land acquisition, value is to be estimated as on the date of notification (and not …

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