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EXTENSION FOR COMPLETION OF CEP CREDIT POINTS FOR F.Y. 2020-2021 AND 2021-2022

CEV INTEGRAL APPRAISERS FOUNDATION

EXTENSION FOR COMPLETION OF CEP CREDIT POINTS FOR F.Y. 2020-2021 AND 2021-2022

GOLDEN OPPORTUNITY FOR ALL REGISTERED VALUERS!

Dear Registered Valuer Member (s),

As you are aware that IBBI has recently changed the CEP guidelines for all the registered valuers.

As per new guidelines, It is not mandatory to earn 16 CEP Credit Points in a financial year, rather it has now been amended to undertake a minimum 10 Credit Hours of CEP in one financial year starting from April 01, 2020”

And

“A minimum of 48 Credit Hours of CPE/CEP in each rolling block of 3 years starting from April 01, 2020, to March 31, 2023, failing which, Certificate of Practice shall not be renewed.

CEP CRITERIA MINIMUM POINTS
In one year (Starting from April 01, 2020) Minimum 10 Credit Points
In Three years block (Starting from April 01, 2020 to March 31, 2023) Minimum 48 Credit Points

FOR INSTANCE:
1) 1st yr 2020-2021 16 pts attended
2nd yr 2021-2022 10 pts attended
3rd yr 2022-2023 48-26=22pts to be attended

2) 1st yr 2020-2021 15 pts attended
2nd yr 2021-2022 10 pts attended
3rd yr 2022-2023 48-254=23pts to be attended

3) 1st yr 2020-2021 16 pts attended
2nd yr 2021-2022 16 pts attended
3rd yr 2022-2023 48-32=16 pts to be attended

4) 1st yr 2020-2021 08 pts attended (not eligible to renew COP for next year, min 10 pts are required)
2nd yr 2021-2022 16 pts attended
3rd yr 2022-2023 48-24=24pts to be attended

In continuation to above, it is notified to all the Registered Valuers who have pending CEPs from 1st April 2020 to March 31, 2022, kindly, complete their minimum 20 CEP points till March 31, 2022, so that your COP certificate shall be renewed for the F.Y 2022- 2023.

For further assistance, we are available at our HELPLINE no. mentioned on the website of CEV IAF or write us at cevajalindia@gmail.com