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CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

Landmark Judgements by the Hon’ble NCLAT-IP Anil Goel, IP UC Goyal & Aniketa

  Landmark Judgements by the Hon’ble NCLAT 1st to 15th November, 2020 In Rajendra Bhai Panchal v. M/s Jay Manak Steels, It was held that mere mistake in the demand notice under section 8 of the Code would not render such notice defective, and if the Corporate Debtor were to question the validity of the […]

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ANNUITY-ALL YOU SHOULD KNOW ABOUT-By Vr Avinash Kulkarni

EDUCATION SERIES Saturday Brain Storming Thought (87) 14/11/2020-By Vr Avinash Kulkarni Annuity It is defined as the net annual payment (return on investment) for the capital invested in an immovable property or any other form of investment Examples of Annuity 1)Rent from land/house 2) Interest on fixed deposits 3) Yield on government security 4) monthly

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Contingent Valuation- By Vr Avinash Kulkarni

Saturday Brain Storming Thought (86) 07/11/2020- By Vr Avinash Kulkarni Contingent Valuation Contingent Valuation is a survey based method of determining the economic value of a nonmarket resource It is used to estimate the value of resources and goods not typically traded in economic markets It is most commonly related to natural and environmental resources

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Confidentiality in Valuation

Saturday Brain Storming Thought (85) 31/10/2020-By Vr Avinash Kulkarni Confidentiality in Valuation It is used to say that what you are telling a someone is a secret and should not be discussed with anyone else Valuers must not disseminate information provided in confidence by the client, beyond its stated purpose, or without prior informed consent

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Independence and Disclosure of Interest-Saturday Brain Storming Thought (84) 24/10/2020 -BY VR AVINASH KULKARNI

Saturday Brain Storming Thought (84) 24/10/2020 -BY VR AVINASH KULKARNI Independence and Disclosure of Interest Valuators will employ independent and objective judgement in reaching conclusions and will decide all matters on their merits, free from bias, advocacy and conflicts of interests Valuation Independence Rule Section 1026.42(C)(1) prohibits both direct and indirect attempts to cause the

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Professional Competence and Due Care

Saturday Brain Storming Thought (83) 17/10/2020- BY VR AVINASH KULKARNI Professional Competence and Due Care To maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional services based on current developments in practice, legislation and techniques and in accordance with applicable technical Professional Competence It is

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IBBI FOR STARUTORY RECOGNITION OF VALUATION PROFESSIONALS

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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Integrity and Fairness

Integrity and Fairness-Saturday Brain Storming Thought (82) 10/10/2020 – By Vr Avinash Kulkarni Integrity and Fairness Integrity and fairness involves leadership which is honest, transparent and consistent, where there is fairness and equity in decision making and humble understanding of personal limitations and biases Integrity The quality of being honest and having strong moral principles

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