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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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        News and Press Release

        IBBI grants recognition to two registered valuers organistaions

        December 28, 2017

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        In pursuance to the Companies (Registered Valuers and Valuation) Rules, 2017, the Insolvency and Bankruptcy Board of India (IBBI) has recognised two registered valuers organisations.

        The Institution of Estate Managers and Appraisers will handle one asset class of “land and building” while the IOV Registered Valuers Foundation will handle three asset classes of “land and building”, “plant and machinery” and “securities or financial assets”.

        These registered valuers organisations will conduct educational courses in valuation, grant membership and certificate of practice to individuals, conduct training for its members and lay down and enforce the Code of Conduct for the registered valuers, who are its members.

        Recognition of registered valuers organisations expands authorised asset classes and professional oversight under valuation rules. IBBI has recognised two registered valuers organisations under the Companies (Registered Valuers and Valuation) Rules, 2017: one authorised for land and building and the other for land and building, plant and machinery, and securities or financial assets. The recognised organisations may conduct valuation education, grant membership and certificates of practice, provide training to members, and lay down and enforce a Code of Conduct for their registered valuer members.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Recognition of registered valuers organisations expands authorised asset classes and professional oversight under valuation rules.

                                IBBI has recognised two registered valuers organisations under the Companies (Registered Valuers and Valuation) Rules, 2017: one authorised for land and building and the other for land and building, plant and machinery, and securities or financial assets. The recognised organisations may conduct valuation education, grant membership and certificates of practice, provide training to members, and lay down and enforce a Code of Conduct for their registered valuer members.


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