Appointment of registered valuers requires two valuers within three days to determine fair and liquidation value, with exclusions. The resolution professional shall within three days of appointment appoint two registered valuers to determine the fair value and the liquidation value of the corporate debtor. Persons ineligible for appointment include related parties of the corporate debtor; auditors of the corporate debtor within the preceding five years; partners or directors of the insolvency professional entity of which the resolution professional is a partner or director; and relatives of the resolution professional or such partner or director.