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of <h1>Registered valuer's scope narrowed to Act-required valuations only, following 2017 Rules; non-Act valuations no longer covered.</h1> Restricts a registered valuer's statutory function to conducting valuations that are required under the Act and mandates that such valuations be carried out in accordance with the Companies (Registered Valuers and Valuation) Rules, 2017. Deletes the earlier language that permitted a valuer to conduct valuations under these rules when required under any other law or by any other regulatory authority, thereby confining the rule-based mandate to Act-triggered valuations and removing the express recognition of valuations undertaken for non-Act requirements.
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