IBBI syllabus of educational courses and valuation examinations for registered valuers

IBBI syllabus of educational courses and valuation examinations for registered valuers to be conducted by RVO and valuation examination conducted by IBBI.

Insolvency Bankruptcy Board of India (IBBI) has published syllabus and other details of educational courses and valuation examinations 

Under Section 247 of the Companies Act, 2013 wherever a valuation is required with respect to the assets or liabilities of a company it shall be valued by prescribed valuers. Subsequently, the Companies (Registered Valuers and Valuation) Rules, 2017 has also been notified.

IBBI syllabus

The Central Government has delegated its powers and functions under section 247 of the Companies Act, 2013 to the Insolvency and Bankruptcy Board of India (IBBI) and specified the IBBI as the Authority under the Companies (Registered Valuers and Valuation) Rules, 2017 under which the valuer is required to be registered. 

Notifications issued in this respect require that with effect from 1st April, 2018, for conducting valuations required under the Companies Act, 2013 and the Insolvency and Bankruptcy Code, 2016, a person is to be registered with the IBBI as a registered valuer. For registering with IBBI, a person must have necessary qualification and experience, has to be enrolled as a valuer member with a Registered Valuer Organisation (RVO), has to complete a recognised educational course conducted by the RVO, and pass valuation examination conducted by IBBI. A person, who is rendering valuation services under the Companies Act, 2013, may continue to do so without a certificate of registration up to 31st March, 2018. 

It is a pre-requisite before registering with the IBBI that the valuer must fulfil four pre-requisite conditions of:

a. Must have necessary qualification and experience

b. Enrolled as a valuer member with a Registered Valuer Organisation (RVO)

c. Complete a recognised educational course conducted by the RVO

d. Pass valuation examination conducted by IBBI

In pursuance to the Companies (Registered Valuers and Valuation) Rules, 2017, IBBI, being the Authority, recognised on 27th December, 2017 two RVOs, namely,

(a) The Institution of Estate Managers and Appraisers in the Asset Class of Land and Building, and
(b) The IOV Registered Valuers Foundation in the Asset Classes of:
 
(i) Land and Building
(ii) Plant and Machinery, and
(iii) Securities or Financial Assets. 
 
IBBI, has specified the details of educational course for the Asset Class of ‘Securities or Financial Assets’ on 30th December, 2017. It has published today such details for the Asset Classes of
 
(a) Land and Building, and
(b) Plant and Machinery.
These courses shall be delivered by the RVOs in not less than 50 hours.

IBBI has also being the Authority, published the syllabus, format and frequency of the valuation examination for the Asset Class of ‘Securities or Financial Assets’ on 30th December, 2017. It has published today such details for the Asset Classes of (a) Land and Building, and (b) Plant and Machinery. A person wishing to be a valuer needs to pass this valuation examination.

Download IBBI valuation examination syllabus and course details :

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One Response

  1. pawan kumar sadhwani June 1, 2018

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