Registered valuers must maintain qualifications, limit valuations to registered asset classes, keep records, and follow conduct rules. Rule 7 requires registered valuers to continuously meet eligibility, qualification and experience criteria, comply with the Act, the Rules, bye laws and the organisation's Code of Conduct, and restrict practice to the asset class(es) for which they are registered. Valuers must obtain authority permission to change registered valuers organisations, maintain grievance redressal, retain assignment records for at least three years, and follow additional conditions the authority may impose. For partnership firms and companies, only a partner or director registered for the asset class may act and sign; entities must disclose capital contributions, are liable with signing persons, and must notify the authority upon removal of a registered partner or director.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registered valuers must maintain qualifications, limit valuations to registered asset classes, keep records, and follow conduct rules.
Rule 7 requires registered valuers to continuously meet eligibility, qualification and experience criteria, comply with the Act, the Rules, bye laws and the organisation's Code of Conduct, and restrict practice to the asset class(es) for which they are registered. Valuers must obtain authority permission to change registered valuers organisations, maintain grievance redressal, retain assignment records for at least three years, and follow additional conditions the authority may impose. For partnership firms and companies, only a partner or director registered for the asset class may act and sign; entities must disclose capital contributions, are liable with signing persons, and must notify the authority upon removal of a registered partner or director.
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