Other Valuation Services
Security for Companies Inviting Secured Public Deposits
In case a company is inviting secured deposits and provides for security by way of a charge on its assets as referred to in Schedule III of the Act excluding Intangible Assets of the company for the repayment of the amount of deposit and interest thereon, such issue of secured deposits shall not
exceed the value o relevant assets. Such a valuation is required to be conducted by a registered valuer [ Rule 6 of companies (AOD) Rules, 2014]
Valuation for the Purpose of Issue of Sweat Equity
A company other than a listed company, which is not required to comply with the Securities and Exchange Board of India Regulations on sweat equity, shall not issue sweat equity shares to its directors or employees at a discount or for consideration other than cash, for their providing knowhow or making available rights in the nature of intellectual property rights or value additions. The sweat equity shares to be issued shall be valued at a price determined by a registered valuer as the fair price giving justification for such valuation. The valuation of intellectual property rights or of
know how or value additions for which sweat equity shares are to be issued, shall be carried out by a registered valuer, who shall provide a proper report addressed to the Board of Directors with justification for such valuation [Rule 8 of Companies (SCAD) Rules, 2014.
Provision of Money by Company for Purchase of its Own Shares by Employees or by Trustees for the Benefit of Employees
An Unlisted company may make a provision of money for the
purchase of, or subscription for, its shares or its holding company,
if the purchase of, or the subscription for, the shares by trustees is
for the shares to be held by or for the benefit of the employees of
the company. The valuation at which shares are to be purchased
shall be determined by a Registered Valuer [Rule 16 of Companies
(SCAD) Rules, 2014.
Valuation Under SARFAESI Act, 2002
As per SARFAESI Act, 2002 and Rule 8(5) of Security
Interest (Enforcement) Rules, 2002, before affecting sale of
immovable property, authorised officer is required to obtain
valuation of property from an approved valuer. With its
Partners being ‘Registered Valuers’ under Wealth Tax Act,
1957, AAA Valuation Professionals LLP may be appointed
for the valuation of Mortgaged Immovable property and
Movable Assets for the purpose of fixing their Reserve Price
for auction by Banks, Financial Institutions, NBFCs
Valuation for Financial Reporting
AAA Valuation Professionals LLP may be appointed for
computation of Fair Value Measurement as per IND AS 113
for the purpose of determining Fair Value for compliance with
IND AS 16 – Property, Plant and Equipment & IND AS 40 –
Investment Property.
Approved Valuer under The Black Money Act 2015
Our partners are registered as approved valuers u/s 77(1)
of The Black Money (undisclosed Income and assets) and
Imposition of tax Act, 2015 read with rule 15 of Black Money
rules 2015 and can therefore provide representational
services before any tax authority or the Appellate Tribunal,
in connection with any matter relating to the valuation of
any asset, for any matter involving valuation u/s 77(1) of the
said act.
Other Valuation Services
Valuation under the following statutes need to be
undertaken by Valuer registered under The Wealth Tax Act,
1957. AAA Valuation can take up such assignments as its
partners are ‘Registered Valuers’ under The Wealth Tax Act,
1957. Such assignments would include:
1. Valuation for the purpose of Sections 50C, 55A & 56 of
Income Tax Act, 1961 read with Rule 11U of Income Tax
Rules, 1961
2. Valuation for the purpose of Limited Liability Partnership
(Winding Up and Dissolution) Rules, 2012
3. Valuation for the purpose of Black Money (Undisclosed
Foreign Income and Assets) and Imposition of Tax Act,
2015
AAA Valuation also has tie-ups with Merchant Bankers
wherever required.
