NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 What is the primary objective of the Real Estate (Regulation and Development) Act, 2016? a) To regulate property prices b) To establish a Real Estate Regulatory Authority (RERA) for regulation and promotion of the real estate sector c) To restrict the sale […]
SALIENT FEATURES OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 The Insolvency and Bankruptcy Code, 2016 (IBC) is a comprehensive legislation aimed at streamlining the insolvency and bankruptcy process in India. Some of its salient features are: Time-bound resolution: The IBC mandates that the insolvency resolution process should be completed within a maximum of 330 days.
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VALUATION REQUIRED UNDER THE PROVISIONS OF THE COMPANIES ACT, 2013 AND THE INSOLVENCY AND BANKRUPTCY CODE, 2016. Rule 10 of the Companies (Registered Valuers and Valuation) Rules, 2017 (Rules) read with section 247 of the Companies Act, 2013 (Act) require that a registered valuer shall conduct valuations required under the Act. Circular No. IBBI/RV/019/2018