Document Fragment View
Fragment Information
Showing contexts for: equitable assignment in Ankit Mittal vs Ankita Pratisthan Ltd. & Ors on 29 November, 2019Matching Fragments
Having regards to the above factors and on the basis of the representations made by the management the same can be considered to be fair."
38. Valuer has to be an independent person assigned the important duty that his report is equitable to all stakeholders for which his report is to be relied upon.
We have noted that the importance of the valuer for the purpose of valuation is recognised under Section 247 of the Companies Act, 2013 which provides as under:-