Institution of Valuers: Difference between revisions

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The '''Institution of Valuers''' ('''IOV''') is a national organization of [[Valuation (finance)|valuation]] professionals in [[India]] specialized in various disciplines and various kinds of [[assets]]. It is under the [[jurisdiction]] of [[Ministry of Corporate Affairs]] , [[Government of India]].<ref name="aboutiov">[http://www.institutionofvaluers.net/abtiov.html Institution of Valuers.]</ref><ref>[http://www.thehindu.com/news/cities/Tiruchirapalli/article69520.ece The Hindu. Tiruchirapalli Edition.]</ref> It was founded in 1968, and presently has a membership of over 20,000 valuers.<ref name="aboutiov" /><ref name="hindu-Madurai" /> The ''IOV'' serves recommendations on valuation procedures and related disputes to governmental as well as non governmental organizations, imparts training to valuation professionals,<ref>{{Cite news|url=https://oldstatehouse.worldsecuresystems.com/Redirect.aspx?destination=https://www.sydneypropertyvaluation.com.au/|title=Valuation Professonals|language=en-GB}}</ref> and develops standards in asset valuation.<ref>[http://institutionofvaluers.net/functions.html Institution of Valuers. 'Functions'.]</ref>
The '''Institution of Valuers''' ('''IOV''') is a national organization of [[Valuation (finance)|valuation]] professionals in [[India]] specialized in various disciplines and various kinds of [[assets]]. It is under the [[jurisdiction]] of [[Ministry of Corporate Affairs]] , [[Government of India]].<ref name="aboutiov">[http://www.institutionofvaluers.net/abtiov.html Institution of Valuers.]</ref><ref>[http://www.thehindu.com/news/cities/Tiruchirapalli/article69520.ece The Hindu. Tiruchirapalli Edition.]</ref> It was founded in 1968 by Shri P. C. Goel, also named as the Father of the Indian Valuer, and presently has a membership of over 20,000 valuers.<ref name="aboutiov" /><ref name="hindu-Madurai" /> The ''IOV'' serves recommendations on valuation procedures and related disputes to governmental as well as non governmental organizations, imparts training to valuation professionals,<ref>{{Cite news|url=https://oldstatehouse.worldsecuresystems.com/Redirect.aspx?destination=https://www.sydneypropertyvaluation.com.au/|title=Valuation Professionals|language=en-GB}}</ref> and develops standards in asset valuation.<ref>[http://institutionofvaluers.net/functions.html Institution of Valuers. 'Functions'.]</ref>


IOV is amongst the top five valuers association of the world on the basis of registered valuation professionals. The Institution of Valuers brings into its fold valuers of [[immovable property]], agricultural lands, coffee estates, stocks, shares and debentures of companies, shares of a partner in a partnership, business assets including goodwill, jewellery, precious stones and ornaments, works of art, life interest reversions and interests expectancy, tea estates, standing forests, mines and quarries, machinery, electrical equipments, industry etc.
IOV is amongst the top five valuers association of the world on the basis of registered valuation professionals. The Institution of Valuers brings into its fold valuers of [[immovable property]], agricultural lands, coffee estates, stocks, shares and debentures of companies, shares of a partner in a partnership, business assets including goodwill, jewellery, precious stones and ornaments, works of art, life interest reversions and interests expectancy, tea estates, standing forests, mines and quarries, machinery, electrical equipments, industry etc.

Latest revision as of 16:36, 28 September 2021

Institution of Valuers
Formation1968
HeadquartersPlot No. 3, Parwana Road ( Adjacent to Bal Bharti Public School), Pitampura, New Delhi – 110 034
Membership
22500[1]
Main organ
Ministry of Corporate Affairs , Government of India
Websiteinstitutionofvaluers.net

The Institution of Valuers (IOV) is a national organization of valuation professionals in India specialized in various disciplines and various kinds of assets. It is under the jurisdiction of Ministry of Corporate Affairs , Government of India.[2][3] It was founded in 1968 by Shri P. C. Goel, also named as the Father of the Indian Valuer, and presently has a membership of over 20,000 valuers.[2][1] The IOV serves recommendations on valuation procedures and related disputes to governmental as well as non governmental organizations, imparts training to valuation professionals,[4] and develops standards in asset valuation.[5]

IOV is amongst the top five valuers association of the world on the basis of registered valuation professionals. The Institution of Valuers brings into its fold valuers of immovable property, agricultural lands, coffee estates, stocks, shares and debentures of companies, shares of a partner in a partnership, business assets including goodwill, jewellery, precious stones and ornaments, works of art, life interest reversions and interests expectancy, tea estates, standing forests, mines and quarries, machinery, electrical equipments, industry etc.

References[edit | edit source]

  1. 1.0 1.1 The Hindu. 'Role of valuers vital to stabilise economy.'
  2. 2.0 2.1 Institution of Valuers.
  3. The Hindu. Tiruchirapalli Edition.
  4. "Valuation Professionals".
  5. Institution of Valuers. 'Functions'.