Government Notifies Rules for Registered Valuers

The-Difference-between-Personal-and-Professional-Success

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, says a notification.

The corporate affairs ministry has proposed to specify the Insolvency and Bankruptcy Board of India (IBBI) as the authority with respect to registration, recognition and ancillary matters related to valuers in company registration in India.

The Companies (Registered Valuers and Valuation) Rules, 2017 have been have been notified by the ministry. The rules provide for registration of valuers under the Companies Act, 2013.

“The valuers, who may be individuals or partnership entities or companies, would be required to be registered with the authority specified by the central government. “The rules provide for registration of different category of valuers and lay down the requirements on their eligibility, qualifications and experience,” an official release said today. company incorporation in India.

For more information visit at: https://goo.gl/CjGSg6

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s