Board Meeting: Appointment of Business Valuer

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Maharshi Shah

Board Meeting
Business Valuer
Last updated on April 27th, 2021

A business valuation is a general process of determining the economic value of a whole business or company unit. A Business valuer determines the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings. A Board Meeting is to be held and attended by the Board of Directors of the Company to discuss the topic of “Appointment of a Business Valuer“.

Owners will often turn to professional business evaluators for an objective estimate of the value of the business. Furthermore, there are many methods to evaluate the Company. Some of them are given below:

  1. Market Capitalization
  2. Times Revenue Method
  3. Earnings Multiplier
  4. Discounted Cash Flow (DSC) Method
  5. Book Value
  6. Liquidation Value

Business valuation is typically conducted when a company is looking to sell all or a portion of its operations or looking to merge with or acquire another company. The valuation of a business is the process of determining the current worth of a business, using objective measures, and evaluating all aspects of the business.

Board Meetings - Appoint A Business Valuer

Thus, review your Board Meeting Minutes immediately after the meeting. When your board meeting minutes are complete and finished, make sure they are distributed to board members as soon as possible. Once the minutes are approved by a vote of the board during the next board meeting, they become part of the official record of the organization. It’s important that a copy of all minutes are kept in one place.

Download Meeting Minutes
Download Sample Board Meeting for Appoinment of Business Valuer
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Download Meeting Minutes
Download Sample Board Meeting for Appoinment of Business Valuer
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FAQs

What is the qualification required to become a Register Valuer?

1. Bachelor Degree:
– Post Graduate Diploma in Specific discipline
– At least 3-year experience in a specific discipline
2.Bachelor Degree:
– Bachelor degree in Specific discipline
– At least 5-year experience in a specific discipline
3. Member of ICSI/ICWA
– 3 years after membership experience
– Anyone qualification mentioned above

Can a registered valuer transfer its membership from one registered valuer’s organization to another?

The Registered Valuer can shift its membership from one registered valuer’s organization to another with the prior permission of the authority.

What is the time period for the maintenance of a record of documents after completion of valuation?

Register valuer shall maintain the record of each assignment undertaken by him/her for at least three years from the completion of such assignment.

Got Questions? Ask Away!

  1. Hey @HarishMehta

    A Company can intimate the appointment of a business valuer by filing the certified true copy of resolution passed for such appointment with RoC in e-Form MGT-14.

    Hope this helps!