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of <h1>Eligibility rules for Registered Valuers Organisations: entity type, training syllabus, member standards, code of conduct, Section 8 conversion.</h1> Prescribes eligibility conditions for recognition as a registered valuers organisation (RVO) for one or more specified asset classes. An eligible entity must either be a section 25 (Companies Act, 1956) or section 8 (Companies Act, 2013) company formed solely to regulate valuers of the relevant asset class(es) and having prescribed bye-law provisions, or a professional institute established by an Act of Parliament to regulate a profession; societies and trusts may also be recognised subject to mandatory conversion. Recognition is contingent on conducting valuation education and practical training as per the prescribed syllabus, admitting only qualified and experienced members, providing pre-certification training, enforcing a prescribed code of conduct, ensuring continuing education, monitoring members' service quality, and maintaining grievance redressal and disciplinary mechanisms. Societies/trusts recognised as RVOs must convert/register as section 8 companies within one year and adopt the prescribed bye-law requirements.
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