CEV DIGITAL LIBRARY

IBA CIRCULAR NO-OPR/CIR/2043 DATED-04/02/2017 PROCEDURE OF EMPANELMENT OF VALUERS BY BANK: COMPLETE E-BOOK

IBA CIRCULAR NO-OPR/CIR/2043 DATED-04/02/2017

PROCEDURE OF EMPANELMENT OF VALUERS BY BANK

 

OTHER IMPORTANT REFERENCES

RBI/2014-2015/164 DNBS (PD) CC. No.41/SCRC/26.03.001/2014-2015

Reporting to Indian Banks’ Association (IBA) – In terms of the same circular, banks are to report to IBA the details of the recalcitrant CAs, Advocates and Valuers who have committed serious irregularities in course of rendering their professional services. Likewise, the SCs / RCs are to report to IBA the details of such CAs, Advocates and Valuers for placing it on the IBA database of Third Party Entities involved in fraud. However, the SCs/RCs will have to ensure that they follow meticulously the procedural guidelines issued by IBA (Circ. No. RB-II/Fr./Gen/3/1331 dated August 27, 2009) and also give the parties a fair opportunity to explain their position and justify their action before reporting to IBA. If no reply / satisfactory clarification is received from them within one month, the SCs/RCs may report their names to IBA. SCs / RCs should consider this aspect before assigning any work to such parties in future.

………………………READ MORE


 






CLICK THE BELOW LINK TO READ THE COMPLETE CONTENTS

Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.

SOME CONTENT OF THIS WEBSITE IS FOR GOLD SUBSCRIBERS ONLY.

Join us as a GOLD SUBSCRIBER and get access to read important books.

CEV LIBRARY GOLD SUBSCRIPTION




Leave a Comment

Your email address will not be published.

oohh NO !!! 

You cannot copy content of this page.

For more detail please contact at :

+91 90412 63607 / cevworld@gmail.com