Valuation by Registered Valuers under Companies Act, 2013 & Insolvency and Bankruptcy Code, 2016
- Year of Publication: 2019
- Edition: 2nd
- ISBN: 978-93-5139-664-2
The provisions about valuation by registered valuers are contained in Section 247 of Chapter XVII of the Companies Act, 2013. Section 247 has been made effective from 18th October, 2017 vide MCA Notification F.No.7/27/2013-CLV. Consequent to notification of section 247, MCA also notified the Companies (Registered Valuers and Valuation) Rules, 2017. These rules are basically about who could become valuers and the process of registration and deregistration of these valuers with the Insolvency and Bankruptcy Board of India. The Central Government has delegated its powers and functions vested under section 247 of the Companies Act, 2013 relating to valuation of any property, stocks, shares, debentures, securities or goodwill or any other assets by registered valuers to the Insolvency and Bankruptcy Board of India vide its Notification dated 23.10.2017. Vide Notification No. GSR 1108(E) [F. No. 1/27/201-CL-V (PART)], dated 13-11-2018, the Central Government had notified Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018 and further certain amendments have been brought in by the Companies (Amendment) Act, 2017 as well. In addition to this, some valuation aspects have also been amended vide Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2018 and Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2018.
The present book is meant for guidance of the valuers and is equipped with following features:
- Valuation by Registered Valuers
- Reference to Valuation by Registered Valuers under the
- Companies Act, 2013
- Reference to Valuation by Registered Valuers under the
- Insolvency and Bankruptcy Code, 2016
- International Valuation Standards
- Share Based Payments under IFRS
- 8 Preface to the Second Edition
- Valuation of Goodwill, Brand, Shares and Business
- Ind AS 113 (IFRS 13): Fair Value Measurement
- Mergers and Acquisitions — Some Case Studies
- Project Planning— Some Case Studies
- Illustrations on securities, portfolio and mutual funds analysis
CA. Kamal Garg is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi and an academic resource partner in KGMA, Delhi. He has also qualified post qualification course on Diploma in Information System Audit (DISA) conducted by ICAI. Besides this he is also an Insolvency Professional registered with Insolvency and Bankruptcy Board of India (IBBI). He was also the member of Board of Studies (BOS) Study Material Research Group (2009-2010) of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) [2012-2013 and 2020-2021] and Ind- AS (IFRS) Implementation Committee [2014-2015] of ICAI. He was also nominated as a special invitee member to the Committee on Banking, Insurance and Pension (2014-2015) of NIRC of ICAI. He is also the faculty resource of Ethical Standards Board (ESB) and Peer Review Board (PRB) of ICAI. He is also a key resource person for development and review of various study contents and webcasts for BOS of ICAI, such as study material and practice manual on Advanced Auditing for CA Final, eLectures for CA IPCC and CA Final studies, etc.
Besides being a regular guest speaker for IFRS and Management Development Programmes at various forums including ICAI and ICSI, he is also an author of over dozens of book(s) and commentaries on company and commercial laws including Ind AS. He possesses a rich industry experience in the areas of Corporate Laws (like Companies Act, FEMA, Taxation, Foreign Collaborations, Joint Ventures, etc.), Audits and Management Consultancy.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2019
- Edition: 2nd
- ISBN: 978-93-5139-664-2
The provisions about valuation by registered valuers are contained in Section 247 of Chapter XVII of the Companies Act, 2013. Section 247 has been made effective from 18th October, 2017 vide MCA Notification F.No.7/27/2013-CLV. Consequent to notification of section 247, MCA also notified the Companies (Registered Valuers and Valuation) Rules, 2017. These rules are basically about who could become valuers and the process of registration and deregistration of these valuers with the Insolvency and Bankruptcy Board of India. The Central Government has delegated its powers and functions vested under section 247 of the Companies Act, 2013 relating to valuation of any property, stocks, shares, debentures, securities or goodwill or any other assets by registered valuers to the Insolvency and Bankruptcy Board of India vide its Notification dated 23.10.2017. Vide Notification No. GSR 1108(E) [F. No. 1/27/201-CL-V (PART)], dated 13-11-2018, the Central Government had notified Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018 and further certain amendments have been brought in by the Companies (Amendment) Act, 2017 as well. In addition to this, some valuation aspects have also been amended vide Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2018 and Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2018.
The present book is meant for guidance of the valuers and is equipped with following features:
- Valuation by Registered Valuers
- Reference to Valuation by Registered Valuers under the
- Companies Act, 2013
- Reference to Valuation by Registered Valuers under the
- Insolvency and Bankruptcy Code, 2016
- International Valuation Standards
- Share Based Payments under IFRS
- 8 Preface to the Second Edition
- Valuation of Goodwill, Brand, Shares and Business
- Ind AS 113 (IFRS 13): Fair Value Measurement
- Mergers and Acquisitions — Some Case Studies
- Project Planning— Some Case Studies
- Illustrations on securities, portfolio and mutual funds analysis
CA. Kamal Garg is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi and an academic resource partner in KGMA, Delhi. He has also qualified post qualification course on Diploma in Information System Audit (DISA) conducted by ICAI. Besides this he is also an Insolvency Professional registered with Insolvency and Bankruptcy Board of India (IBBI). He was also the member of Board of Studies (BOS) Study Material Research Group (2009-2010) of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) [2012-2013 and 2020-2021] and Ind- AS (IFRS) Implementation Committee [2014-2015] of ICAI. He was also nominated as a special invitee member to the Committee on Banking, Insurance and Pension (2014-2015) of NIRC of ICAI. He is also the faculty resource of Ethical Standards Board (ESB) and Peer Review Board (PRB) of ICAI. He is also a key resource person for development and review of various study contents and webcasts for BOS of ICAI, such as study material and practice manual on Advanced Auditing for CA Final, eLectures for CA IPCC and CA Final studies, etc.
Besides being a regular guest speaker for IFRS and Management Development Programmes at various forums including ICAI and ICSI, he is also an author of over dozens of book(s) and commentaries on company and commercial laws including Ind AS. He possesses a rich industry experience in the areas of Corporate Laws (like Companies Act, FEMA, Taxation, Foreign Collaborations, Joint Ventures, etc.), Audits and Management Consultancy.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
