Is Valuation report for CCD issued to a domestic investor mandatory

[Shivakumara Swamy]

Dear All,

        Wanted to know if valuation report form a registered valuer is mandatory for issue of CCD to a domestic investor?

If not, please help me with the relevant provisions.

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Regards,

Shivakumar

[Parchuri Sanjay]

Yes, it’s required. Pl see sec 42 and 62(1)(c).

Regards

Sanjay

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[cashailendra keshari]

Call 9830337910

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[Nitin Pahilwani]

Yes, required..

Regards

CA Nitin Pahilwani

Register Valuer

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