When an industry or business goes for bank loans or expansion or even for sale, their machinery assets should be valued for the present market value after depreciation for all the years of purchase. This valuation has to be done by an authorised valuer of machinery approved by government and who will also be on the panel of banks. Only then his valuation report will be accepted by the banks or other financial institutions. mr.Suryamurthy is a popular machinery valuer with huge amount of expertise and has worked with various large business groups from diversed industries.
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