Valuation standards are notified and amended by the Central Government based on committee recommendations. Rule 18 vests authority in the Central Government to notify and modify valuation standards on the recommendations of the committee established under the ... Summary
Companies (Registered Valuers and Valuation) Rules, 2017
Valuation standards are notified and amended by the Central Government based on committee recommendations.
Rule 18 vests authority in the Central Government to notify and modify valuation standards on the recommendations of the committee established under the Companies (Registered Valuers and Valuation) Rules, 2017, creating a regulatory mechanism for implementing and updating valuation standards by notification.
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