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of <h1>Entities Must Register as Valuers Organizations Under Companies Act to Regulate Valuers and Meet Specific Conditions</h1> An organization may be recognized as a registered valuers organization for specific asset classes if it is registered under the Companies Act, with the sole purpose of regulating valuers, and meets specific conditions. Eligible entities include professional institutes established by an Act of Parliament, societies registered under the Societies Registration Act, or trusts under the Indian Trust Act. Such organizations must offer valuation education, grant membership to qualified individuals, conduct training, enforce a code of conduct, provide continuing education, monitor member performance, and address grievances. Organizations must convert to or register as a company under the Companies Act within a year of the rules' commencement.
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