WHO Global Summit on Traditional Medicine Commences in New Delhi (See 'Corp Brief') MoS delivers national statement at UN on outcomes of World Summit on the Information Society (See 'Corp Brief') PM MITRA Parks anchored in 5F vision generating huge investment interest (See 'Corp Brief') IPR - While assessing 'prior art', mere similarity is insufficient and visual distinction matters, and for prior art to invalidate design, it must be clearly established and comparable in relevant features: HC (See 'Legal Desk') Steps taken to strengthen security of cyber ecosystem (See 'Corp Brief') ICG Ship Sarthak makes Strategic Port Call at Chabahar (See 'Corp Brief') IPR - On being satisfied that brand or mark has acquired status which is well known, there ought to be order directing that no individuals should be allowed to register UPI Ids or VPAs with said brand names: HC (See 'Legal Desk') CCI okays acquisition of paper & pulp manufacturing business of ABREL by ITC Ltd (See 'Corp Brief') CCI okays acquisition of equity stake in Logisteed Holdings, Ltd. by Japan Post Co., Ltd. (See 'Corp Brief') CCI nod to proposed combination involving acquisition of minority shareholding in DCX Global Limited by Coinbase Global Inc. (See 'Corp Brief') IBC - Compromise between bank and co-guarantor did not extinguish liability of other guarantors, who issued separate, enforceable undertakings: HC (See 'Legal Desk') Motor insurance complaints fall from 26.18% in FY 2023-24 to 24.8% in FY 2024-25 (See 'Corp Brief') DPIIT launches District Business Reform Action Plan (See 'Corp Brief') MoHUA holds Preparatory Workshop to Chart Roadmap for Clean Himalayan Hill Cities (See 'Corp Brief') IPR - Visage had made out strong prima facie case for protection; Freecia is restrained from copying packaging layout, ingredient descriptions, usage steps or using mark 'DERMOMELAN' until final disposal of suit: HC (See 'Legal Desk') BHEL hands over dividend cheque of Rs 109 cr to GoI (See 'Corp Brief') NESTS is organising 2nd EMRS Principals' Conclave on Effective Management of Schools (See 'Corp Brief') Govt has focused on further decriminalization to enhance Ease of Living and EODB: MoS (See 'Corp Brief') A&C - Post-insolvency commencement date claims that are not made part of Resolution Plan are not arbitrable: HC (See 'Legal Desk') Relentless execution transformed India's Energy Sector: Goyal (See 'Corp Brief') Over 8.45 crore subscribers enrolled under APY as on 30th Nov: MoS (See 'Corp Brief') Misc - It is duty of litigant to keep track of his own case, and he cannot shift entire burden on to shoulders of his counsel: HC (See 'Legal Desk') Rail Electrification boosts Efficiency, Cuts Diesel Consumption and Sets Global Benchmark (See 'Corp Brief') 53rd Edition of Fit India Sundays on Cycle dedicated to Vijay Diwas held in Goa (See 'Corp Brief') Scindia unveils 25-Foot Statue of Chhatrapati Shivaji Maharaj in Karnataka (See 'Corp Brief') PMLA - Secured creditor is entitled to stake its claim before liquidator as per Section 53 of IBC, qua immovable property, and same can be disposed of by liquidator as per law: SAFEMA (See 'Legal Desk') Mizoram gets its First Rail-Carried Cars (See 'Corp Brief') Minister highlighting rich craft traditions and their relevance to contemporary living (See 'Corp Brief') Scindia unveils Commemorative Postage Stamp on 150th anniversary of Bombay Gymkhana (See 'Corp Brief') SEBI - Request for unfreezing bank accounts based merely on value of securities in demat accounts, in absence of compliance with direction of Interim Order of depositing impounded gains in Escrow Account, cannot be accepted: SEBI (See 'Legal Desk')

Print

IICA launches Flagship Valuation Course to strengthen Ecosystem

Published: Jan 30, 2023

By TIOLCorplaws News Service

NEW DELHI, JAN 30, 2023: THE Indian Institute of Corporate Affairs (IICA), a think tank under the Ministry of Corporate Affairs, Government of India launched today the third batch of IICA Valuation Certificate Program (IVCP) - the Gold Standard in Valuation Education.

The virtual programme organized on 28th January, 2023 had the august presence of Joint Secretary, Ministry of Corporate Affairs and Board Member of Insolvency and Bankruptcy Board of India, Ms Anita Shah Akella as the Chief Guest. Praveen Kumar, Director General and CEO, Indian Institute of Corporate Affairs; Ms Veni Thapar, Board Member Bank of India & IICA; Rajiv Singh FCA, leading valuation practitioner and adjunct faculty, IICA and Prof (Dr) Naveen Sirohi, Founding Head, School of Finance, addressed the participants at the inaugural ceremony. 

Addressing the participants, Ms Anita Shah Akella emphasised the importance of Valuation in economic growth and stability. She added that government is seriously contemplating strengthening the valuation ecosystem in the country and complimented IICA for its contribution in augmenting valuation ecosystem by soft (i.e. knowledge) infrastructure development through the course.  She shared that IBBI has been working to bring the entire valuation of an entity through more transparent, uniform and India-centric valuation standards and desired that IICA, with its developed competencies in valuation field and network of experts, can effectively contribute objectivity since IICA is not involved in providing valuation services, directly or indirectly.

Recalling her experience as a participant of the founding batch of IVCP course, Ms Veni Thapar opined that the course curriculum is not merely a compilation of valuation number-crunching exercise but a combination of multiple short courses to offer a holistic, inter-disciplinary understanding of valuation. She revealed that the ICVP programme emphasises learning through granular understanding of different perspective of valuation knowledge, assumptions and their correct and appropriate applications.

Praveen Kumar, Director General and CEO of IICA, said that as a think tank IICA is actively engaged in capacity building, education, research, advocacy and advisory services on contemporary issues of the business community and the focus areas of the Government with valuation being one. The institute identifies proactively areas ahead of what the industry demands and offers unique solutions. He congratulated the participants for opting to the valuation course and asked them to approach the learning with a seeker's mindset.

Rajiv Singh FCA, valuation expert of repute and adjunct faculty, IICA said that IVCP is designed as one of the most extensive valuation courses globally. The Course contents has many dimensions not covered by any other course internationally like valuation for arbitration concept, transfer-pricing valuation issues, financial instrument valuation, fair value measurement standards and behavioural finance.

Prof Naveen Sirohi, Founding Head School of Finance, IICA and Course Director, mentioned that the course has a true holistic approach to improve valuation ecosystem. The course is aligned to International Valuation Standards giving it a global flavor which is necessary in the present interconnected world. The faculty consists of global experts drawn from academia, industry and regulatory bodies. The heterogeneous group of participants facilitates peer learning and formation of holistic perspective of valuation related issues.

The event was attended by 100+ participants of batch-III from diverse educational and professional background and working with regulatory bodies, public sector undertakings, banks, financial institutions, registered valuers and professionals. Dr Akhilesh Tripathi, Mr Narendra Saun and Mr Abhijit Chakbrabarty were also present in the event.

IICA Valuation Certificate Program (IVCP) is a flagship course by IICA that has earned the distinction of 'Gold Standard in Valuation Education'. Launched in 2019, 250+ participants from diverse backgrounds have registered for the course with average experience of 20+ years. The course is recognized by International Valuation Standards Council (IVSC) and is recommended by Insolvency and Bankruptcy Board of India (IBBI) to all Registered Valuers (RVs), Department of Financial Services (DFS) to all Public Sector Banks (PSBs) and Financial Institutions (FIs) and Department of Investment and Public Asset Management (DIPAM) to all Central Public Sector Enterprises (CPSEs).

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.