Government notifies rules for registered valuers
Individuals, partnership entities as well as companies can act as valuers under the Companies Act after getting registered with an authority specified by the Government. Entities have time till March 31, 2018 to get registered with the specified authority. Norms for Registered Valuers Organisations (RVOs) are provision for enforcement of a code of conduct on the registered valuers, training and conduct of educational courses for the valuation of specific asset classes for which the RVO concerned is recognised.
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