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of <h1>Section 247 Amendment: New Time Frame for Valuer's Appointment and Post-Valuation Period in Companies Act 2017.</h1> In the Companies (Amendment) Bill, 2017, section 247 of the principal Act is amended. Specifically, in sub-section (2), clause (d), the phrase 'during or after the valuation of assets' is replaced with 'during a period of three years prior to his appointment as valuer or three years after the valuation of assets was conducted by him.' This change specifies a time frame concerning the valuer's appointment and the period following the asset valuation.
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