Annexure-IV

 

1[Eligibility qualification and Experience for Registration as Valuer

 

(See Explanation II to rule 4)

 

Asset Class

Eligibility

Experience in specified discipline.

 

Qualifications

 

Plant and Machinery

(i) Graduate in Mechanical, Electrical, Electronic and Communication, Electronic and Instrumentation, Production, Chemical, Textiles, Leather, Metallurgy, or Aeronautical Engineering, or Graduate in Valuation of Plant and Machinery or equivalent;

(ii) Post Graduate on above courses.

(i) Five Years

(ii) Three years

Land and Building

(i) Graduate in Civil Engineering, Architecture, or Town Planning or equivalent;

(ii) Post Graduate on above courses and also in valuation of land and building or Real Estate Valuation (a two-year full time post-graduation course)

(i) Five years

(ii) Three years.

Securities or Financial Assets

(i) Member of Institute of Chartered Accountants of India, Member of Institute of Company Secretaries of India, Member of the Institute of Cost Accountants of India, Master of Business Administration or Post Graduate Diploma in Business Management (specialisation in finance).

(ii) Post Graduate in Finance

Three years

Any other valuers for valuation;">asset class along with corresponding qualifications and experience in accordance with rule 4 as may be specified by the Central Government.

 

Note.- The eligibility qualification means qualification obtained from a recognised Indian University or equivalent whether in India or abroad.]

 

 

Amendment

 

1 Subs. by the Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018, w.e.f. 13-11-2018.

 

In the said rules, for Annexure IV, the following

 

ANNEXURE-IV

Indicative Matrix on requisite qualifications/experience in specified discipline

(See Explanation II to rule 4 )

 

Asset Class

Educational qualification in specified discipline

Experience in specified discipline

Valuation Specific Education Course

Graduate level

Post Graduate level

(I)

(II)

(III)

(IV)

(V)

Land and Building

(A) Graduate in Civil Engineering, Architecture or town planning of a recognised University

-------

Five years of experience in the discipline after completing Graduation

Courses as per syllabus specified under rule 5

(B) Graduate in Civil Engineering, Architecture or town planning of a recognised University

post-graduate in Civil Engineering, Architecture or town planning of a recognised University

three years of experience in the discipline after

completing Post Graduation

Courses as per syllabus specified under rule 5

(C) Graduate   in   a discipline specified by the Authority for a registered valuers organisation in its conditions of recognition

post-graduate in valuation of land and building or real estate from a recognised university

five years of experience in the discipline after

completing Post Graduation

Courses as per syllabus specified under rule 5

Any other graduate level qualification in accordance with rule 4 as may be specified by the Authority for a registered valuers organisation in its conditions of recognition.

Any other post graduate level qualification in accordance with rule 4 as may be specified by the authority for a registered valuers organisation in its conditions of recognition.

At least five years and three years of experience in case of graduate level degree and post graduate level degree respectively.

Courses as per syllabus specified under rule 5

Plant and Machinery

(A) Graduate       in Mechanical or Electrical Engineering of a recognised University

----------

Five years of experience in the discipline after completing Graduation

Courses as per syllabus specified under rule 5

(B) Graduate     in Mechanical or Electrical Engineering of a recognised University

Post Graduate in Mechanical or Electrical Engineering of a recognised University

Three years of experience in the discipline after

completing Post Graduation

Courses as per syllabus specified under rule 5

(C)   Graduate in valuation of machinery and plant from a recognised university

Post-graduate degree in valuation of machinery and plant from a recognised university

Three years of experience in the discipline after

Completing Post Graduation

Courses as per syllabus specified under rule 5

Any other graduate level qualification in accordance with rule 4 as may be specified by the authority for a registered valuers organisation in  its conditions of recognition.

Any other post graduate level qualification in accordance with rule 4 as may be specified by the authority for a registered valuers organisation registered valuers organisation in its conditions of recognition.

At least five years and three years of experience in case of graduate level degree and post graduate level degree respectively.

Courses as per syllabus specified under rule 5

Graduate in any stream

  1. Member of the Institute of Chartered Accountants or The Institute of Cost Accountants of  India  or the Institute of Company Secretaries of India;
  2. MBA/PGDBM specialisation in finance or;
  3. Post Graduate Degree in Finance

Three years of experience in the discipline after completing graduation.

Courses as per syllabus specified under rule 5

Any other graduate level qualification in accordance with rule 4 as may be specified by the authority for a registered valuers organisation in  its conditions of recognition.

Any other post graduate level qualification in accordance with rule 4 as may be specified by the authority for a registered valuers organisation in its conditions of recognition.

At least five years and three years of experience in case of graduate level degree and post graduate level degree respectively.

Courses as per syllabus specified under rule 5

Any other asset class along with corresponding qualifications and experience in accordance with rule 4 as may be specified by the authority for a registered valuers organisation in its conditions of recognition.

 

shall be substituted, namely

 

Eligibility qualification and Experience for Registration as Valuer

 

(See Explanation II to rule 4)

 

Asset Class

Eligibility

Experience in specified discipline.

 

Qualifications

 

Plant and Machinery

(i) Graduate in Mechanical, Electrical, Electronic and Communication, Electronic and Instrumentation, Production, Chemical, Textiles, Leather, Metallurgy, or Aeronautical Engineering, or Graduate in Valuation of Plant and Machinery or equivalent;

(ii) Post Graduate on above courses.

(i) Five Years

(ii) Three years

Land and Building

(i) Graduate in Civil Engineering, Architecture, or Town Planning or equivalent;

(ii) Post Graduate on above courses and also in valuation of land and building or Real Estate Valuation (a two-year full time post-graduation course)

(i) Five years

(ii) Three years.

Securities or Financial Assets

(i) Member of Institute of Chartered Accountants of India, Member of Institute of Company Secretaries of India, Member of the Institute of Cost Accountants of India, Master of Business Administration or Post Graduate Diploma in Business Management (specialisation in finance).

(ii) Post Graduate in Finance

Three years

Any other valuers for valuation;">asset class along with corresponding qualifications and experience in accordance with rule 4 as may be specified by the Central Government.

 

Note.- The eligibility qualification means qualification obtained from a recognised Indian University or equivalent whether in India or abroad.