Registered valuer eligibility now requires membership, exam pass, prescribed qualifications, residency and fit and proper status. Individual eligibility to be a registered valuer requires membership of a registered valuers organisation with requisite qualifications and experience, recommendation by that organisation, passing the valuation examination within three years, prescribed qualifications and experience, residency in India, legal capacity, no recent disqualifying convictions or specified tax penalties, no unresolved bankruptcy, and satisfaction of fit and proper criteria (integrity, reputation, absence of convictions or restraint orders, competence and solvency). Entities must be professional valuation service providers, solvent, composed of eligible partners or directors with a required number of registered valuers and at least one registered valuer per asset class, and must hold membership of a registered valuers organisation.
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Provisions expressly mentioned in the judgment/order text.
Registered valuer eligibility now requires membership, exam pass, prescribed qualifications, residency and fit and proper status.
Individual eligibility to be a registered valuer requires membership of a registered valuers organisation with requisite qualifications and experience, recommendation by that organisation, passing the valuation examination within three years, prescribed qualifications and experience, residency in India, legal capacity, no recent disqualifying convictions or specified tax penalties, no unresolved bankruptcy, and satisfaction of fit and proper criteria (integrity, reputation, absence of convictions or restraint orders, competence and solvency). Entities must be professional valuation service providers, solvent, composed of eligible partners or directors with a required number of registered valuers and at least one registered valuer per asset class, and must hold membership of a registered valuers organisation.
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