Valuations are widely used and relied upon in financial and other markets, whether for inclusion in financial statements, for regulatory compliance or to support secured lending and transactional activity.
A Chartered Engineer is an engineer who has been professionally registered with, The Institution of Engineers (India). An Engineer who has obtained Chartered Engineer’s Certificate from IEI possesses the platform to practice as self-employed consultant in Engineering Profession in India and abroad.
Chartered Engineers develops solutions to engineering problems using new or existing technologies, through innovation, creativity and change and/or they may have technical accountability for complex systems with significant levels of risk.
Arbitration in India is governed by the law of arbitration in India which states that the for adopting the arbitration as a dispute resolution mechanism an agreement to that effect should be signed between the disputing parties. The parties can either opt for a separate arbitration agreement to be signed between them or include an arbitration clause in the main contract between the parties.
The Indian courts are increasingly adopting a pro-arbitration approach and enforcing valid arbitration agreements. The statement of objects and reasons of the Arbitration and Conciliation Act also recognizes the principle of non-intervention by courts in the arbitration process. However, the Indian courts will refuse to enforce an arbitration agreement where it finds prima facie that - no valid agreement exists or the dispute is not arbitrable.
The parties are free to decide on the number of arbitrators, as long as this is not an even number. Appointment of the arbitrator is the most important step in the arbitration process. If the parties fail to specify the number of arbitrators, the tribunal will consist of one arbitrator. When the parties fail to agree on a procedure for appointing a three-member tribunal, each party will nominate one arbitrator and the two party-appointed arbitrators will then appoint the presiding arbitrator. If a party fails to appoint an arbitrator within the stipulated period, the other party can apply to the Supreme Court or the High Court seeking the appointment of the arbitrator.
Property management is the overseeing of residential, commercial and/or industrial real estate, including apartments, detached houses, condominium units, and shopping centers. It typically involves the managing of property that is owned by another party or entity.