HARMONISING THE VALUATION PROCESS UNDER EXISTING STATUES
Preparation of a detailed report on the existing rules, standards, bases, and premises of valuation, as per the various applicable statutes in India. The information should include a comprehensive analysis of:
- The existing provisions and their pros & cons in the past and present contexts.
- The preparation of a report on the Case laws/judicial and interpretations of various adjudicating bodies.
- The preparation of comments on the need or otherwise of the modifications, revisions, amendments, creating new rules/provisions/standards, etc., to the existing provisions
- To suggest ways to integrate the existing provisions with mandatory standards like IVS and/or any National Standards.
- To suggest to the regulators under various statutes to make necessary amendments to existing laws to harmonise the Valuation process.
