Recognation of A.M.I.E equivalent to graduates in Engineering prescribed for the Registered Valuer examination being conducted by I.B.B.I
Ref:0O5/VH/1E1/2018-19
dt.12.06.2018
From,
Er.V. Harinath,MIE:CE:FIV:Govt.Regd.Valuer
Hyderabad - 500 047
To
The Secretary &Director General
M/s.lnstitution of Engineers (India),Kolkata
Dear Sir
Sub:- Recognition of A.M.I.E equivalent to Graduates in Engineering prescribed for the
Registered Valuer examination being conducted by I.B.B.I.
*******************
This is to bring to your notice that Govt of India(M.C.A) recently established the new
department titled as Insolvency & Bankruptcy Board of India(IBBI) in the year 2016, under
Companies act 2013 Section247(1).The IBBI is authorised mainly to deal with Banking sector
NPAs & to streamline Valuation profession..
We the A.M.I.E engineers along with B.Tech/B.E(civil&mech) registered with Chief
Commissioner of Income Tax under wealth tax Act 1957 section 34B, &getting membership
from Institution of Valuers New Delhi thus practicing as a Govt Regd Valuers and serving the
Banking Sector & F.Is since beginning.
Recently the IBBI issued Notification that all existing Valuers are to be passed the Regd Valuers
examination being conducted by IBBI. The eligibility prescribed is Graduate in Engineering i.e.
B.Tech/ B.E but A.M.I.E is not considered equivalent B.Tech /B.E. hence A.M.I.E engineers are
not permitted for the Regd. Valuer exams.
It is understood that A.I.C.T.E New Delhi raised some objections regarding the A.M.I.E
equivalent. to B.Tech/B.E..Due to this objection many hundreds of Experienced Valuers (AMIE)
going to loose their profession throughout the Country.
As you are aware that most of the AMIEs are the Corporate Members of our 1E1.
In view of the above facts ,Your good office is requested to study the problem interact with IBBI
& AICTE and do the needful in re-instating the Eligibility in line with B.E/B.Tech Engineers.
Looking for your favourable action at the earliest.
Thanks & Regards,
Er.V. Harinath ,MIE.No.M-061768
Govt.Regd.Valuer & Chartered Engineer.
Copy to : The Dr.S.Sathyanaraya,Chairman,IEI,Hyderabad
to do the needful.
Pl.refer our telecon and requested
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