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PVAI VPO - Membership Form

The document announces the launch of an educational course by the PVAI Valuation Professional Organisation (PVAI VPO) to help participants prepare for the IBBI Registered Valuers Examination for an unspecified asset class. The 8-day course will be held from unspecified dates at an unspecified location for a fee of Rs. 23,600. Participants will receive a completion certificate and must attend all sessions. Interested individuals should contact the listed phone numbers for more details. The document also provides information on the process for individuals and entities to register as registered valuers with the Insolvency and Bankruptcy Board of India.

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0% found this document useful (0 votes)
416 views8 pages

PVAI VPO - Membership Form

The document announces the launch of an educational course by the PVAI Valuation Professional Organisation (PVAI VPO) to help participants prepare for the IBBI Registered Valuers Examination for an unspecified asset class. The 8-day course will be held from unspecified dates at an unspecified location for a fee of Rs. 23,600. Participants will receive a completion certificate and must attend all sessions. Interested individuals should contact the listed phone numbers for more details. The document also provides information on the process for individuals and entities to register as registered valuers with the Insolvency and Bankruptcy Board of India.

Uploaded by

RajeevSangam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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PAN NO.

AAJCP8040K

PVAI VALUATION PROFESSIONAL ORGANISATION


REGISTERED ADDRESS : 07 , 1ST FLOOR ,ADITYA BUILDING , OPP.FLYOVER APARTMENT,
N.S.PHADKE MARG.ANDHERI [ EAST ] , MUMBAI CITY , MAHARASHTRA , INDIA-400069.
CORRESPONDANCE ADDRESS : Unit 1. GROUND FLOOR , GANGAL BUILDING , OFF RAM MARUTI
ROAD , MAHARSHI KARVE ROAD , NAUPADA , THANE [ WEST ] MAHARASHTRA 400 602.
PHONE : 9373107027 , 8291914727, E-MAIL : [email protected]

Launch of Batch of Educational Course

The PVAI Valuation Professional Organisation (PVAI VPO) is launching its batch of Educational
Course for taking IBBI Registered Valuers Examination for _________________________assets
class at __________________ from ___________________ to ________________, 2018.

 This educational course is as per 1st proviso to Rule 5 (1) of Companies (Registered
Valuers and valuation) Rules, 2018 and a precondition for taking IBBI Registered Valuers
Examination
 The primary membership fee is Rs.2,360/-

 The fees for the Educational course is Rs.23,600/-

 There will be eight (8) full day sessions in total.

 The classes are normally held on Saturdays and Sundays or on continuous days.

 Every participant will be given a Certificate of Participation and completion of 50 hours


training.

 Attendance is compulsory for all the classes.

 Classes will be held at ______________________________________________________

________________________________________________________________________

 For other details, please contact us on – 9373107027, 8080281907, 9870070121

With Regards,

PVAI Valuation Professional Organisation (PVAI VPO)


PAN NO. AAJCP8040K

PVAI VALUATION PROFESSIONAL ORGANISATION


REGISTERED ADDRESS : 07 , 1ST FLOOR ,ADITYA BUILDING , OPP.FLYOVER APARTMENT,
N.S.PHADKE MARG.ANDHERI [ EAST ] , MUMBAI CITY , MAHARASHTRA , INDIA-400069.
CORRESPONDANCE ADDRESS : Unit 1. GROUND FLOOR , GANGAL BUILDING , OFF RAM MARUTI
ROAD , MAHARSHI KARVE ROAD , NAUPADA , THANE [ WEST ] MAHARASHTRA 400 602.
PHONE : 9373107027 , 8291914727, E-MAIL : [email protected]

FORM-FOR ENROLLMENT AS PRIMARY MEMBER AND


EDUCATIONAL COURSE OF PVAI VPO
(See sub-rule (1) 1ST proviso to of rule (5)
Admission Fees: Rs.2360/- (Draw Cheque/DD in the name of “PVAI Valuation Professional Organisation”

PVAI VPO A/c Details - Kotak Mahindra Bank, Hub Town Solaris Branch, Andheri East, Mumbai -400069, A/C
No. 7411987524, IFSC No.– KKBK0001365)

Bank Name: ________________________________ Branch :_____________________________________

Cheque/DD No. ______________________________ Date : _______________________________________

A. PERSONAL DETAILS

1. Title (Mr/Mrs/Ms):

2. Name:

3. Father’s Name:

4. Mother’s Name:

5. Date of Birth:

6. PAN No.:

7. AADHAAR No.:

8. Passport No.:

9. Address for Correspondence:

10. Permanent Address:

11. E-Mail Address

12. Mobile No:


7. Evidence of deposit/ payment
F. AFFIRMATIONS

1. Copies of documents, as listed in section F of this application form have been attached. The
documents attached are …………
1) _________________________________________________________________
2) _________________________________________________________________
3) _________________________________________________________________
4) _________________________________________________________________
5) _________________________________________________________________
6) _________________________________________________________________
7) _________________________________________________________________
8) _________________________________________________________________

2. I undertake to furnish any additional information as and when called for. This application and the
information furnished by me along with this application is true and complete. If found false or
misleading at any stage, my registration shall be summarily cancelled.
3. I hereby undertake to comply with the requirements of the Companies Act, 2013, the rules made
thereunder, the directions given by the authority, and the bye-laws, directions and guidelines
issued or the resolutions passed in accordance with the bye-laws by the registered valuers
organization with which I am enrolled.
4. The applicable fee has been paid.

(Name and Signature of applicant)

Place:
Date:

PAN NO. AAJCP8040K


PVAI VALUATION PROFESSIONAL ORGANISATION
REGISTERED ADDRESS : 07 , 1ST FLOOR ,ADITYA BUILDING , OPP.FLYOVER APARTMENT,
N.S.PHADKE MARG.ANDHERI [ EAST ] , MUMBAI CITY , MAHARASHTRA , INDIA-400069.
CORRESPONDANCE ADDRESS : Unit 1. GROUND FLOOR , GANGAL BUILDING , OFF RAM MARUTI
ROAD , MAHARSHI KARVE ROAD , NAUPADA , THANE [ WEST ] MAHARASHTRA 400 602.
PHONE : 9373107027 , 8291914727, E-MAIL : [email protected]

VERIFICATION BY THE PVAI VALUATION PROFESSIONAL ORGANISATION

We have verified the above details submitted by ----------------------------------------------------------


who is our member with membership no. --------------------------- and confirm these to be true and
correct. We recommend registration of …----------------------------------------------------- as a valuer.

(Name and Signature)


Authorized Representative of the
PVAI Valuation Professional Organisation
(PVAI VPO)

Seal of the PVAI VPO

Place:
Date:
PAN NO. AAJCP8040K

PVAI VALUATION PROFESSIONAL ORGANISATION


REGISTERED ADDRESS : 07 , 1ST FLOOR ,ADITYA BUILDING , OPP.FLYOVER APARTMENT,
N.S.PHADKE MARG.ANDHERI [ EAST ] , MUMBAI CITY , MAHARASHTRA , INDIA-400069.
CORRESPONDANCE ADDRESS : Unit 1. GROUND FLOOR , GANGAL BUILDING , OFF RAM MARUTI
ROAD , MAHARSHI KARVE ROAD , NAUPADA , THANE [ WEST ] MAHARASHTRA 400 602.
PHONE : 9373107027 , 8291914727, E-MAIL : [email protected]

PART A

1. Process to be followed for registration as Registered Valuer with the Authority under the
Companies (Registered Valuers and Valuation) Rules, 2017.

2. The process of registration as registered valuer with the IBBI is as under:


a) For Individuals

Step 1: Satisfy yourself that you meet the eligibility requirements prescribed in rule 3 and
qualification and experience prescribed in rule 4 of the Rules.

Step 2: Thereafter, seek enrolment as a valuer member of a RVO recognized by the IBBI.

Step 3: As a member of a RVO, complete the educational course recognised by the IBBI.

Step 4: Register and pass the computer based Valuation Examination of the relevant Asset Class
conducted by the IBBI. Details of the Valuation Examination are available at IBBI website
(www.ibbi.gov.in).

Step 5: Within three years of passing the valuation examination, submit Form A appended to the
Rules, duly filled in along with a payment of Rs.5900 (Fee of Rs.5000 + 18% GST) in favour of
the Insolvency and Bankruptcy Board of India and supporting documents, to your RVO. Quote
GST number, if required by you. The Form A is to be submitted, documents to be uploaded and
payment is to be made online. Please visit the IBBI web site www.ibbi.gov.in for this purpose.

Step 6: Thereafter, RVO shall verify Form A and other requirements and then submit the Form A
along with its recommendation for registration as a valuer to the IBBI. The Form is to be
submitted by the RVO online.

Step 7: On receipt of Form A along with recommendation of the RVO, the fee and other
documents, the IBBI shall process the application for registration in accordance with the Rules.
a
b b) For Entities (Partnership Firms, LLP and Companies)

Step 1: Satisfy yourself that you meet the eligibility requirements prescribed in rule 3 and
qualification and experience prescribed in rule 4 of the Rules.

Step 2: Submit Form B appended to the Rules, duly filled in along with a payment of Rs.11,800
(Fee of Rs.10,000 + 18% GST) in favour of the Insolvency and Bankruptcy Board of India and
supporting documents, to your RVO. Quote GST number, if required by you. The Form B is to
be submitted, documents to be uploaded and payment is to be made online. Please visit the IBBI
web site www.ibbi.gov.in for this purpose.

Step 3: Thereafter, RVO shall verify Form B and other requirements and then submit the Form B
along with its recommendation for registration as a valuer to the IBBI. The Form is to be
submitted by the RVO online.

Step 4: On receipt of Form B along with recommendation of the RVO, the fee and other
documents, the IBBI shall process the application for registration in accordance with the Rules.

This is issued to familiarise the eligible and desirous individuals and entities with the process of
registration as a valuer with the IBBI.
PAN NO. AAJCP8040K

PVAI VALUATION PROFESSIONAL ORGANISATION


REGISTERED ADDRESS : 07 , 1ST FLOOR ,ADITYA BUILDING , OPP.FLYOVER APARTMENT,
N.S.PHADKE MARG.ANDHERI [ EAST ] , MUMBAI CITY , MAHARASHTRA , INDIA-400069.
CORRESPONDANCE ADDRESS : Unit 1. GROUND FLOOR , GANGAL BUILDING , OFF RAM MARUTI
ROAD , MAHARSHI KARVE ROAD , NAUPADA , THANE [ WEST ] MAHARASHTRA 400 602.
PHONE : 9373107027 , 8291914727, E-MAIL : [email protected]

PART B
3. Subject to meeting other requirements, an individual is eligible to be a registered valuer under the
Companies (Registered Valuers and Valuation) Rules, 2017 (Rules), if he:
(i) is a fit and proper person,
(ii) has the necessary qualification and experience,
(iii) is a valuer member of a Registered Valuers Organisation (RVO),
(iv) has completed a recognised educational course as member of an RVO,
(v) has passed the valuation examination conducted by the Authority, and
(vi) is recommended by the RVO for registration as a valuer.

4. As a condition of recognition of an RVO under rule 14(c) of the Rules, it shall admit only individuals
who possess the educational qualifications and experience requirements, in accordance with rule 4 of
the Rules and as specified in its recognition certificate, as valuer members. Clause VI (9) of the
Governance Structure and Model Bye-Laws for RVO requires that an RVO shall not enrol an
individual as a valuer member if he is not eligible to be registered as a registered valuer with the
Authority.
5. Accordingly, recognised RVOs are advised to admit only those individuals, who possess the
necessary educational qualifications and experience and meet other eligibility requirements, as valuer
members. They are also advised to recommend only those valuer members, who have completed the
recognised educational course and passed valuation examination of the relevant asset class, to the
Authority for registration.
6. The applications for registration in form A or Form B, as the case may be, complete in all respects,
along with applicable attachments and verifications, and fee, may be sent to:

Deputy General Manager (Valuers Division)


Insolvency and Bankruptcy Board of India
7th Floor, Mayur Bhawan
Connaught Place, New Delhi-110001.

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