Recognition of registered valuers organisations requires Form-D submission, fee, inspections, and set timelines for responses and decisions. Applications for recognition must be filed in Form-D with a non-refundable fee of one lakh rupees. The authority examines applications, may allow twenty-one days to cure deficiencies, request additional documents or require an appearance within twenty-one days, and may conduct scrutiny, inspection or inquiry. If eligibility is satisfied, the authority issues a certificate of recognition in Form-E. If a prima facie opinion against recognition arises, reasons are communicated within forty-five days (excluding cure periods); the applicant has fifteen days to respond, after which the authority accepts and grants the certificate or rejects the application with reasons and communicates the decision within thirty days.
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.
Recognition of registered valuers organisations requires Form-D submission, fee, inspections, and set timelines for responses and decisions.
Applications for recognition must be filed in Form-D with a non-refundable fee of one lakh rupees. The authority examines applications, may allow twenty-one days to cure deficiencies, request additional documents or require an appearance within twenty-one days, and may conduct scrutiny, inspection or inquiry. If eligibility is satisfied, the authority issues a certificate of recognition in Form-E. If a prima facie opinion against recognition arises, reasons are communicated within forty-five days (excluding cure periods); the applicant has fifteen days to respond, after which the authority accepts and grants the certificate or rejects the application with reasons and communicates the decision within thirty days.
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