Bharat's Guide to Valuation Examination (Theory with MCQs) – Asset Class: Plant & Machinery, by S. K. Pandab (3rd Edition 2027)

Bharat Law House publishes the Third Edition (2027) of S. K. Pandab's Guide to Valuation Examination (Theory with MCQs) for the Plant & Machinery asset class, written as per the syllabus prescribed by the IBBI with effect from 21 August 2026. It pairs the theory of every syllabus head with the multiple-choice practice the examination demands.

The Registered Valuer Examination conducted by the Insolvency and Bankruptcy Board of India is the route to registration as a valuer under the Companies (Registered Valuers and Valuation) Rules, 2017. Plant & Machinery is the asset class taken mainly by mechanical, electrical and production engineers, and its syllabus is unusually broad — economics and book-keeping at one end, machine tools, industrial processes, insurance and report writing at the other. This guide is built to be read through once and then used as a question bank.

Contents

1. Principles of Economics.
2. Book Keeping and Accountancy.
3. General Laws — the statutory framework a valuer works within.
4. Introduction to Statistics.
5. Environmental Issues in Valuation.
6. Professional and Business Ethics and Standards.
7. Law – Plant and Machinery — the legal regime specific to the asset class.
8. Valuation of Plant and Machinery — the core chapter, on approaches, methods, depreciation, obsolescence and their application.
9. Machine Tools, Factory and Utility Equipment and Electrical Installations.
10. Industrial Process — what the plant actually does, and why that governs what it is worth.
11. Principles of Insurance and Loss Assessment.
12. Report Writing — the form and content of a valuation report.
13. Important Case Laws on Principles of Valuation of Plant and Machinery.
14. Case Studies.
15. Self-Test Questions.
16. Model Question Papers issued by the IBBI.

Key features

• Theory with MCQs throughout — each syllabus head explained and then tested.
• Written to the IBBI syllabus effective 21 August 2026.
• IBBI model question papers reproduced for pattern familiarity.
• Case laws and case studies on the principles of valuation of plant and machinery.
• Report writing treated as a chapter in its own right — the part of the work a valuer is judged on in practice.
• A single-volume treatment of the whole asset class.

Who should buy this book

• Registered Valuer aspirants sitting the IBBI Valuation Examination for the Plant & Machinery asset class.
• Mechanical, electrical, production and industrial engineers entering valuation practice.
• Chartered Accountants, Company Secretaries and Cost Accountants taking this asset class.
• Bank panel valuers, insurance surveyors and insolvency professionals dealing with plant, machinery and industrial assets.
• RVO training bodies and institutional libraries.

Also available at The Big Books: the companion volumes in this series for the Land & Building and Securities or Financial Assets asset classes.