Title PNB CEV FILES 10.2024.pdf ✅

HEAD OFFICE PLOT NO.4, SECTOR-10, DWARKA, NEW DELHI-110075 PUBLIC NOTICE – EMPANELMENT OF VALUERS PUNJAB NATIONAL BANK invites applications for Empanelment of Valuers who are having registration under Wealth Tax Act, 1957 (fresh valuers) for a period of five years, for the following Zonal Offices: - S. No. Zonal Office 1. Amritsar 2. Bhopal 3. Chandigarh 4. Guwahati 5. Kolkata 6. Ludhiana 7. Mumbai 8. Raipur The empanelment of valuers is subject to fulfilment of the criteria related to educational qualifications and experience, mentioned in the Appendix-III (Eligibility Criteria) & terms of engagement given in Appendix-IV. The quality of service provided/performance of the valuers shall be reviewed annually by the Bank. Applications be submitted as per the Appendix-I and Appendix-II attached, along-with the copies of the qualification and experience proofs to the respective Zonal Offices only (no copy to be sent to the Head Office). List of Zonal Offices along-with their addresses is available in Appendix-V. Further, if a valuer is having offices/branches in multiple locations covering different Zonal Offices and they intend to get themselves empanelled with different Zones, then in such cases, such valuers will have to apply in the respective Zonal Office. Applications will be received from 24.10.2024 to 08.11.2024 for empanelment. No application will be entertained for the current empanelment process, after 08.11.2024. In case any Valuer has been found guilty of misconduct in professional capacity in some other Bank/Institution and his name has been circulated/reported by the Indian Banks Association (IBA)/Central Bureau of Investigation (CBI)/ Reserve Bank of India (RBI)/Any other Govt. Agency/Body, his/her application will not be considered for empanelment. Banks will empanel only those valuers who are registered under Wealth Act, 1957. Further, Bank in any case reserves the right to seek valuation from a Wealth Tax Act registered valuer at the time of enforcement of security. Bank reserves the Right to amend/modify any terms of empanelment and withdraw the advertisement without any notice. GENERAL MANAGER
HEAD OFFICE PLOT NO.4, SECTOR-10, DWARKA, NEW DELHI-110075 Appendix-I Application for Empanelment of Valuer with Bank To Dy. Zonal Manager Zonal Office: --------------------- Date: ______________ Dear Madam/Sir, I am a Valuer of immovable properties (land and building/ plant and machinery/) and desire to apply to your organization for empanelment. My particulars are given below: Name: ________________________________ Sex________________________ Date of Birth: _________________________ Age__________________________ Address: __________________________________________________________ Tel. Nos. (Landline)____________________ Mobile______________________ Email: _______________________________ Fax _______________________ Educational / Professional Qualifications S. No. University/Institute/Examining Body Qualification Date of Award Number of years of experience in the field of valuation___________________ (Attach evidence in the form of reference letters/copies of valuation reports/any other evidence) Name and address of previous employers (if applicable) ____________________
HEAD OFFICE PLOT NO.4, SECTOR-10, DWARKA, NEW DELHI-110075 Details of previous empanelment, if any with dates/duration______________ ___________________________________________________________________ Membership of Professional Valuer Association (Name and membership number) _______________________________________________________________ ___________________________________________________________________ Registration with CBDT under Wealth Tax Act (Regd. No. and date): ____________ Permanent Account Number (PAN) of Income Tax Department: ____________________ References: 1) ____________________________________________ 2) ____________________________________________ 3) ____________________________________________ ▪ If the firm is a partnership concern - Name of partners and a brief profile with their qualifications and Experience ▪ Registration Number as allotted by ICAI / other professional bodies ▪ GST No. if applicable ▪ Details of Major assignments handled so far (Furnish nature of Assignment, Nature of Assets and Amount) ▪ Whether any allied firms/partners are already empaneled for any other type of audits for the Bank/FI. If so, furnish details ▪ Whether applicant was delisted from any Bank’s Panel on any earlier occasion. If so, furnish details. ▪ Any additional information may be assimilated in the said format. The above information about me is true to the best of my knowledge and if found incorrect, I will be fully responsible for the consequences. Enclosed: Attested photocopies of all Certificates/Documents of Proof. Signature____________________ Name________________________ *****
HEAD OFFICE PLOT NO.4, SECTOR-10, DWARKA, NEW DELHI-110075 Appendix-II Format of undertaking to be submitted by the Valuer for Empanelment UNDERTAKING I, .................................................................................................son/daughter of ......................................................... do hereby solemnly affirm and state that • I am a citizen of India, • I have not been removed / dismissed from service/ employment earlier, • I have not been convicted of any offence and sentenced to a term of imprisonment, • I have not been found guilty of misconduct in professional capacity, • I am not an undischarged insolvent, • I have not been convicted of an offence connected with any proceeding under the Income Tax Act 1961, Wealth Tax Act 1957 or Gift Tax Act 1958 and • My PAN Card number / Service Tax number as applicable is____________________ • I have read the Handbook on Policy, Standards and procedure for Real Estate Valuation, 2011 of the IBA and fulfil all the conditions of criteria for Empanelment as listed therein. • I undertake to keep you informed of any events or happenings which would make me ineligible for empanelment as a valuer. • I have not concealed or suppressed any material information, facts and record and I have made a complete and full disclosure. • I have not been found guilty of misconduct in professional capacity. In case I am found guilty of misconduct/adoption of unethical practices/submission of under or overvalued valuation reports, in professional capacity, in Punjab National Bank OR in some other Bank/Institution and brought to the notice of Punjab National Bank, by IBA/Central Bureau of Investigation (CBI)/ Reserve Bank of India (RBI)/Any other Govt. Agency/Body, my empanelment will stand cancelled with Punjab National Bank, without referring to Grievances Redressal System of the Bank. PNB will be free to report to the IBA, Institute of Valuers, etc. about the misconduct/adoption of unethical practices and may take appropriate legal action for deficiency in services. Dated: .................................. Signature......................................... Name............................................. Address..........................................