REGISTERED VALUER
Section 247 of the Companies Act, 2013 (‘Act’) provides:
- Valuation of property, stocks, shares, debentures, securities, goodwill or other assets / liabilities / net worth of a company under the Act
- To be done by a Registered Valuer (RV)
- Appointed by Audit Committee or in its absence the Board of Directors of that company
Further, as per Section 247(2) of the Act, RV shall
- make an impartial, true and fair valuation of assets;
- exercise due diligence while performing the functions as valuer;
- make the valuation in accordance with such rules as may be prescribed; and
- not undertake valuation of any assets in which he has a direct or indirect interest or becomes so interested at any time during a period of three years prior to his appointment as valuer or three years after the valuation of assets was conducted by him.
- RV shall, while conducting valuation, comply with valuation standards notified or modified by Central Government
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Until valuation standards are notified by CG, a valuer shall make valuations as per:
- Internationally accepted valuation standards;
- Valuation standards adopted by any RVO
- Internationally accepted valuation standards;
- Valuers Bill, 2020 – Parliament approval is yet awaited for enactment of the bill
Our offerings
- Business Valuation
- ESOP accounting- Intrinsic Value and Black Scholes
- ESOP for Taxation
- Acquisition – Domestic & Cross Border
- Merger – Assessment of Swap Ratio
- Fairness Opinion
- Valuation for spinooff/restructuring
- Share Purchase / Investment/Fund Raising
- Good will & Asset Impairment testing (US GAAP/ IFRS/Indian GAAP)
- Foresnsic Valuations including court cases and legal proceedings
- Valuations for Family settlements
- Brand valuation
- Intellectual property valuation
- Asset valuation for purchase price allocation (US GAAP/IFRS)
- Carried Interest valuation
- Derivative Valuation under IFRS
