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<h1>Valuers' Role Defined: Companies Act Requires Compliance with Companies (Registered Valuers and Valuation) Rules, 2017</h1> A valuer is responsible for conducting valuations as mandated by the Companies Act, following the specified rules. The provision initially allowed valuers to conduct valuations if required under other laws or by regulatory authorities, but this clause was omitted following a notification dated November 13, 2018. The rules focus on the eligibility, qualifications, and registration of valuers under the Companies (Registered Valuers and Valuation) Rules, 2017.