Jalandhar February 24 (Jaswinder Singh Azad)- CEV IAF Registered Valuers Organisation (CEV IAF RVO) successfully conducted a Continuing Education Programme (CEP) Session carrying 4 CEP Points on 21st February 2026, in accordance with Rule 5(1) read with Rule 12(2)(e) of the Companies (Registered Valuers and Valuation) Rules, 2017 framed under Section 247 of the Companies Act, 2013 under the aegis of the Ministry of Corporate Affairs.
The session was organised with the official sponsorship of the Council of Engineers and Valuers and witnessed overwhelming participation from Registered Valuers, engineers, financial professionals, and senior office bearers from across Punjab and adjoining regions.
Distinguished Presence from Punjab Chapters
The programme marked a strong regional representation, with delegates and representatives from multiple chapters including:
• Patiala Chapter
• Chandigarh Chapter
• Hoshiarpur Chapter
• Bathinda Chapter
• Jalandhar Chapter
• Amritsar Chapter
• Ferozepur Chapter
• Kotkapura Chapter
• Ropar Chapter
• Jagraon Chapter
• Nawanshahar Chapter
• Phagwara Chapter
• Panchkula Chapter
• Mohali Chapter
• Kapurthala Chapter
• Bhogpur Chapter
The presence of such widespread chapter participation reflected the unity, strength, and professional commitment of the organisation across the region.
Presence of Senior Leadership & Dignitaries
The event was graced by several senior and prestigious valuers and organisational leaders, including:
• Er. Sundeep Bansal, Managing Director
• Dr. Rajvinder Singh, CEO
• Other Directors of the Organisation
• Er. Rajesh Kumar
• Er. Manoj Mittal
• Er. Vaibhav Bansal,
• Representatives and office bearers from all participating chapters
Their presence added significance and institutional strength to the programme, demonstrating the leadership’s commitment to continuous professional development and regulatory excellence.
Managing Director’s Inaugural Address
In his inaugural address, the Managing Director emphasised that Continuing Professional Education is not merely a statutory formality but a professional responsibility entrusted to Registered Valuers under Section 247 of the Companies Act.
He highlighted that valuers function under the regulatory oversight of the Insolvency and Bankruptcy Board of India and play a crucial role in insolvency proceedings, banking decisions, mergers and acquisitions, taxation matters, and capital market transactions.
He further stated that every valuation report carries legal sanctity and directly influences financial credibility and stakeholder confidence. Therefore, technical competence, market awareness, regulatory understanding, and ethical integrity must form the foundation of professional practice.
Key Technical Sessions
1. Innovation in Concrete Technology
Speaker: Er. Suresh Arora
The session focused on advancements in modern construction materials and concrete technologies, including durability enhancement, high-performance concrete, and sustainability-driven innovations.
The speaker elaborated on how such developments impact:
• Remaining useful life estimation
• Depreciation modelling
• Replacement cost assessment
• Residual value determination
• ESG and sustainability considerations
The importance of technical knowledge in preparing scientifically defensible valuation reports was strongly emphasised.
2. Stigma and Vastu Effects on Property Valuation
Speaker: Er. Sundeep Bansal
This session examined socio-cultural and psychological factors influencing property markets in India. The discussion covered stigma arising from past events, legal disputes, environmental issues, and market perception, as well as Vastu-related considerations affecting buyer behaviour.
Participants were advised to objectively assess and quantify such factors based on market evidence, comparative data, and behavioural analysis while maintaining neutrality and professional documentation standards.
3. Income Tax Draft Rules 2026
Speaker: Dr. Rajwinder Singh Bansal
The final session analysed the implications of the proposed Income Tax Draft Rules 2026 on the valuation profession. The speaker discussed potential impacts on:
• Fair Market Value (FMV) determination
• Capital gains computation
• Reporting methodologies
• Compliance documentation
• Professional risk management
The session underscored the importance of staying updated with tax reforms to ensure regulatory alignment and minimise professional liability.
Commitment to Professional Excellence
The programme concluded with an interactive discussion session, enabling chapter representatives and senior valuers to exchange views and clarify practical challenges.
CEV IAF RVO reiterated its commitment to strengthening the valuation ecosystem through structured CEP programmes, regional chapter engagement, leadership participation, and continuous knowledge enhancement.
The event reflected not only technical advancement but also organisational unity and collective dedication towards elevating the standards of the valuation profession in India.