PVAI

W www.pvaivpo.org Head Office

Valuation A3, 1st Floor, Rajdeen Apartments,
Professional E [email protected] Opp. ACC Compound, TM Hospital Road,
Organisation Near S. B. Firke Vidyalaya,
P 8291914727 / 8657644977 Thane West - 400604.
IBBI/RVO/2018/007
CIN U91990MH2018NPL307572 GSTIN 27AAJCP8040K1Z1 PAN AAJCP8040K

Launch of Batch of Educational Course

The PVAI Valuation Professional Organisation (PVAI VPO) is launching its batch of Mandatory
Educational Programer (MEP) for taking IBBI registered Valuers Examination for___________
assets class at _______________ from ________________

1. 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
2. The Course enrollment fee is Rs.2,000/- + 18% GST
3. The Membership fee shall initially be Rs.2,500/- per annum + 18% GST until becoming a
Registered Valuer ie. upto the date of taking Certificate of Practice (COP). The Annual
Membership fee for Registered Valuer (RV) shall be Rs.7,500/- per annum + 18% GST from
the date of COP
4. The course fees for the Mandatory Educational Programer (MEP) shall be course is Rs.23000/-
+ GST @18% for L&B, P&M and Rs. 20000 /-+ GST for SFA the entire course shall be
complited in Eight (8) sessions.
5. The classes are normally held on Saturdays and Sundays or on continuous days...
6. Every participant will be issued a Certificate of Participation on completion of 50 hours training.
7. Attendance is compulsory for all sessions on all days of the classes.
8. Classes will be held______________________________________________________.
9. For other details, please contact us on – 8291914727, 8657644977

With Regards,

PVAI Valuation Professional Organisation (PVAI VPO)

Scan to Pay
NEFT Payment Details:
Account Name:
PVAI Valuation Professional Organisation
Kotak Mahindra Bank
A/C No: 7411987524
IFSC Code: KKBK0001365
Branch - Hub Town Solaris, Andheri East
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

Rules and Regulations:

1). Attendance will be marked by our course coordinators on a random and repetitive basis (at least three
times in an hour) to ensure complete attention and attendance of all participants.
2). All participants will have to mandatorily give the details of their appearing the examination for
qualifying to register with IBBI, including number of attempts, date, venue, etc. as and when scheduled
3). A separate undertaking is required to be signed and submitted (as per draft issued) by all applicants
before attending the 50hrs training/course.
4). Annual membership fees will have to be paid by all applicants once accepted, as members irrespective
of whether they have appeared & cleared the IBBI examination or not before applying for registration
as RV by duly filing Form A.
5). In case a member doesn't pay/renew his membership annually his certificate of membership will be
required to be surrendered and her/his membership will be terminated.

6). Defaulting members shall not be granted any sort of assistance in case of any grievance/disciplinary
action and NOC for whatsoever reasons shall not be issued until the default is cleared.
7). At the time of uploading Form A for registration, Applicant shall not be in any form of employment
and shall be a practising Valuer Professional

8). Eligibility criteria is Non-negotiable and the applicant undertake to be fully and solely responsible for
its fulfilment. No refund of enrolment membership fees or course fees or part thereof shall be
entertained on account of non-compliance of eligibility criteria.
9). All certificate issued by PVAI Valuation Professional Organisation are and shall remain the property of
PVAI VPO until the termination/Surendar/expulsion Membership on whatsoever grounds. The certificate
in originals shall be return back to PVAI VPO, whenever demanded, for endorsement/stamping/cancellation,
etc., applicable reasons.

10). It is binding on all valuer members, either registered or not, to interment PVAI VPO of any legal, black
listing, depanellment, etc., action initiated against them within 7 days of the valuer member fist receiving
such order/intimation, failing which the valuer member shall have to undergo disciplinary, etc.,
proceedings as may be found in appropriate and as per the policy/s established
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

Undertaking required for undergoing 50 hrs Mandatory Educational Programme (MEP)

1. Pursuant to Rule 3(1)(f), I hereby declare that I am not of unsound mind.

2. Pursuant to Rule 3(1)(h), I hereby declare that I am a resident of India as defined in clause (v)
of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999) as far as it is
applicable to an individual.

3.I hereby declare that I am a fit and proper person as defined in Rule 3(1)(k) of these Rules.

4. I undertake to face any disciplinary action, if initiated against me, in case my above declaration
to PVAI VPO is found to be false.

5. I undertake to intimate to the PVAI VPO the number of attempts for clearing the IBBI exam.

6. I undertake to pay the annual Membership fees regularly to keep my membership valid after
attending the 50 hrs (MEP), clear my IBBI exam and obtain my Certificate of Practice.

I undertake to be fully and solely responsible towards consequences, risk and cost, either direct
or associated if any, if the statements made by me, herein above are found to be false / untrue
and I hereby indemnify PVAI VPO / RVO from any procedure that may be initiated against me,
and /or initiated against PVAI VPO in future, for the period of my membership with the RVO.

Signature:

Name:

Address:

Date: _________________________ Place: ____________________________

 PVAI
W www.pvaivpo.org Head Office
Valuation A3, 1st Floor, Rajdeen Apartments,
Professional E [email protected] Opp. ACC Compound, TM Hospital Road,
Organisation Near S. B. Firke Vidyalaya,
P 8291914727 / 8657644977 Thane West - 400604.
IBBI/RVO/2018/007

CIN U91990MH2018NPL307572 GSTIN 27AAJCP8040K1Z1 PAN AAJCP8040K

FORM – FOR ENROLLMENT AS MEMBER AND

MANDATORY EDUCATIONAL PROGRAMME (MEP) OF PVAI VPO
(Seesub -rule (1) 1ST provisotoofrule (5)

Membership fee :- 2950/- + MEP Fees:- Rs._________

Admission Fees: Rs. 2360/ - (Draw Cheque/DD in the name of“PVAI Valuation Professional Organisation”
PVAI VPO A/c Details - Kotak Mahindra Bank, HubTown Solaris Branch , Andheri East, Mumbai -
400069, A/CNo . 7411987524, IFSCNo.– KKBK0001365)
Bank Name :_______________________ Branch :_______________________
Cheque / DD No ._______________________ Date :_______________________ Rs:_____________
Cheque/DD Favouring :___________________________________________________________

Application No.:--------------------------

Paste
and
Please tick any one class of assets you want to apply: Sign Across the
a) Land and Building – (L) Photo
b) Plant and Machinery – (P)
c) Securities or Financial Assets – (F)

A.Details Of Applicant :

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. :

13 GST No. :
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

B. EDUCATIONAL PROFESSIONAL AND VALUATION EXAMINATION QUALIFICATIONS

1. Educational Qualifications
[ Please provide educational qualification from Bachelor’s degree Onwards]
Graduation is mandatory for becoming a Registered Valuer as per section 247 of the Companies Act, 2013 read with
Companies (Registered Valuers and Valuation) Rules, 2017

Educational Year of Marks Grade / University / college Remarks

Qualification Passing (%) Class , if any

2. Professional Qualifications (excluding valuation specific courses)

Professional Institute / Professional Body Membership No .( If Date of Remarks, if

Qualification (excluding applicable ) Enrolment any
valuation specific
education courses)

C . WORK EXPERIENCE
_____________________________
1. Are you presently in practice/ Employment? (Yes/ No) ______________

2. Number of years in practice or of work experience ____ Yrs ____ Mths In the releavant profession or in valuation

3. If in practice, address for professional correspondence: _______________________________________________

______________________________________________________________________________________________

4. Number of years in employment (in years and months): ______________

 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

5. Experience Details

SR. FROM TO DA TE EMPLOYMEN IF EMPLOYED , IIF N AREA OF

NO DA TE T/ PRACTICE NAME OF PRACTICE, WORK
EMPLOYER& EXPERIENCE
DESIGNATION IN THE
RELEVANT
PROFESSION/
V ALUA TION

D. ADDITIONAL INFORMATION
1. Have you ever been convicted for an offence? Yes or No.
If yes, please give details.
2. Are any criminal proceedings pending against you? Yes or No.
If yes, please give details.
3. Have you ever been declared as an undischarged bankrupt or applied to be adjudged as
Bankrupt? Yes /No.
4. Please provide any additional information that may be Relevant for your application.

E. ATTACHMENTS

1. Copy of proof of residence. (Aadhar Card/Pan Card)

2. Copies of documents in support of educational qualifications, professional qualification.
3. Copies of documents demonstrating practice or work experience for the relevant period.
4. Copies of certificate of employment by the relevant employed (s), specifying the period of such
employment.
5. Income T ax Returns for the last three years.
6. Passport size photo
7. Evidence of deposit / payment
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

F. AFFIRMATIONS

1. Copies of documents,as listed in section E of this application form have been attached...
The documents attached are …………
A) _______________________________________________________
B) _______________________________________________________
C) _______________________________________________________
D) _______________________________________________________
E) _______________________________________________________
F) _______________________________________________________
G) _____________________________________________________________
H) _____________________________________________________________

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:
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

ADDENDUM TO FORM - A
Part E(4)

1. Pursuant to Rule3 (1) (f), I hereby declare that I am not of an unsound mind.

2. Pursuant to Rule3 (1) (h), I hereby declare that I am a resident of India as defined as
clause (v) of section 2 of the for eign Exchange Management Act, 1999 (42 of 1999).

3. Pursuant to rule 3(1) ( j), I hereby declare that I have not been levied a penalty under
section 271J of Income Tax Act , 1961 (43 of 1961) and time limit for filling appeal before
Commissioner of Income Tax (Appeals) or Income Tax Appellate Tribunal, as the case may
be expired, or such penalty has been confirmed by the Income Tax Appellate Tribunal,
and five years have not elapsed after levy of such penalty.

4. Pursuant to rule 3 (1) (k), I hereby declare that I am a fit and proper person as defined in
rule 3(1) (k) of these rules.

(Sign)
Name of the Applicant.
 PVAI
W www.pvaivpo.org Head Office
Valuation A3, 1st Floor, Rajdeen Apartments,
Professional E [email protected] Opp. ACC Compound, TM Hospital Road,
Organisation Near S. B. Firke Vidyalaya,
P 8291914727 / 8657644977 Thane West - 400604.
IBBI/RVO/2018/007
CIN U91990MH2018NPL307572 GSTIN 27AAJCP8040K1Z1 PAN AAJCP8040K

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)

Authorised Representative of the
PVAI Valuation Professional Organisation
(PVAI VPO

Seal of the PVAI VPO

Place:
Date:
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

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
by paying membrship fee Rs 2500/- + 18GST.
Step 3 : Pay thr Admission fess for 50 hrs MEP traing - 2000/- + GST.

Step 4 : Pay the MEP Traing Course Fees - ______/- + GST.

Step 5 : As a member of a RVO, Complete 50 hrs MEP educational course recognised by the IBBI.
Step 6 : 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 7 : Within three years of passing the valuation examination, the member should 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
Insolvency and Bankruptcy Board of India and all supporting documents, to be submitted to RVO/VPO.
quote GST number, if to be claimed by you. For the Form A to be submitted, documents to be uploaded
and payment uploaded to be made, please visit the IBBI web. site www.ibbi.gov.in for this purpose.

Step 8 : Thereafter RVO shall verify uploded Form A and other documents and then forward the Form A along with its
recommendation for registration as a valuer to IBBI. The Form is to be submitted online.

Step 9 : On receipt of Form A along with recommendation of the RVO, the fee and other documents,
IBBI shall then process the application for registration in accordance with the Rules.

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 avaluer with the IBBI.
 PVAI
Valuation Professional Organisation
IBBI/RVO/2018/007

PART - B
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:
( a ) is a fit and proper person,
( b ) has the necessary qualification and experience,
( c ) is a valuer member of a Registered Valuers Organisation (RVO),
( d ) has completed a recognised educational course as member of an RVO,
( e ) has passed the valuation examination conducted by the Authority, and
( f ) is recommended by the RVO for registration as a valuer.

As a condition of recognition of an RVO under rule14 (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 qualificat ions 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 pass edvaluation examination of the relevant asset class, to the Authority for
registration .

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

7thFloor, Mayur Bhawan Connaught Place,
New Delhi-110001.