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Govt may setup national institute for valuers on the lines of ICAI

Corporate Affairs Secretary Injeti Srinivas said now there is critical mass for having a national institute for valuers on the lines of the ICAI

Press Trust of India  |  New Delhi 

Corporate affairs secretary Injeti Srinivas
Injeti Srinivas, Corporate affairs secretary

The government will look at setting up a national institute for valuers on the lines of chartered accountants' apex body ICAI, a said Saturday.

The Companies Act, 2013 provides a comprehensive framework for development and regulation of the profession of valuers.

said now there is critical mass for having a national institute for valuers on the lines of the

He also stressed on the importance of professional competence, conduct and ethics of valuers.

The of India (ICAI) was set up under an Act of Parliament.

Srinivas was speaking at a national seminar on valuation here organised by the (IBBI).

He also said that standards for valuation are likely to be finalised in the near future.

First Published: Sat, June 08 2019. 11:35 IST
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