Sahil Narula, Director of Rakesh Narula and Co. will be taking the stage as one of the prominent speakers at the Business Valuation Summit, 2018 to be held on 3rd May 2018 at Westin Mumbai Garden City, Mumbai.
Rakesh Narula and Co. (RNC) is a well-known name in providing techno commercial services and is a leading valuation advisor with expertise in the areas of valuation of fixed assets for M&A, bank lending, dispute resolution, insolvency, financial reporting, compliances, etc. Sahil Narula will represent RNC at the Business Summit to speak about the valuation laws and discuss about current practices and the future of valuation.
Currently India has no prescribed standards and codes for valuation. Most of the valuation cases lack uniformity and the generally accepted global valuation practices. In the current scenario, the value of a business is determined by employing valuation approaches, however the value is still subjective in nature and a lot of it depends on buyer and seller expectations and their negotiations. So, there is a need of a professional judgement in estimating the value. The government is in the process of discussing and drafting new laws regarding valuation. At the summit, there will be a discussion on the importance and requirement of valuation laws. The panel will also discuss the impact of the proposed laws on the current practices of the valuation profession.
Experts from international bodies like IVSC, IIBV, stakeholders from India, including different regulators, corporations and corporate affairs ministry are invited to speak and discuss about the future of valuation in India. More than 200 audience is expected to be a part of this summit.
The one-day event will see India’s largest gathering of valuers, corporate and private equity thought leaders from the industry to discuss the future of valuation.
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