IBBI RVO Recognition No: IBBI/RVO/2017/002
IBBI RVO Recognition No: IBBI/RVO/2017/002
Some additional requirements which could be counted for grant of CPE hours was discussed. At the request of some of the RVOs, it was decided that CPE hours for conferences/seminars would be given for the duration of technical sessions. The existing requirements, which could be counted for CPE along with other terms and conditions, which were decided in the previous monthly meetings were compiled at one place for ease of reference, and these, along with the new requirements as agreed during the meeting are placed
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30th May
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An RV is required to undertake a minimum of 10 credit Hours of CPE in each financial year and a minimum of 48 credit hours of CPE in each rolling block of 3 years. Since, the block for three years is completed on 31 st March, 2023, accordingly after detailed deliberations it was decided that there will be a rolling block of 4 years and RV is required to earn a minimum of 64 credit hours in each block year.
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IBBI recently has disposed off of SCN against Mr. Ajay Kumar Chakrabarti, registered with IBBI as a valuer of Plant and Machinery Assets (P&M) and suspends the registration for a period of six months.
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IBBI in exercise of powers conferred vide notification of Central Government no. GSR 1316(E) dated 18.10.2017 under Section 458 of the Companies Act, 2013 and in pursuance of rule 15 and rule 17 of the Valuation Rules hereby suspends the registration of Mr. Sandeep Kumar Agarwal for a period of six months.
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At present, internationally accepted valuation standards adopted by the Registered Valuers Organisation are used by the registered valuers for the purpose of arriving at the cost or value of assets such as plant and machinery and land and building.
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