PVAI VPO - Membership Form
PVAI VPO - Membership Form
AAJCP8040K
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 classes are normally held on Saturdays and Sundays or on continuous days.
________________________________________________________________________
With Regards,
PVAI VPO A/c Details - Kotak Mahindra Bank, Hub Town Solaris Branch, Andheri East, Mumbai -400069, A/C
No. 7411987524, IFSC No.– KKBK0001365)
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.:
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.
Place:
Date:
Place:
Date:
PAN NO. AAJCP8040K
PART A
1. Process to be followed for registration as Registered Valuer with the Authority under the
Companies (Registered Valuers and Valuation) Rules, 2017.
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
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: