Registration of valuers: applicants must meet prescribed qualifications, declare impartiality, use prescribed reports, and avoid conflicts of interest. Section 34AB requires the Chief Commissioner or Director General to maintain a Register of Valuers; persons with prescribed qualifications may apply in the prescribed form, verified and accompanied by prescribed fees. Applicants must declare they will make impartial and true valuations, furnish reports in the prescribed form, charge fees within prescribed limits, and not value assets in which they have a direct or indirect interest. Valuation reports by registered valuers must be in and verified in the prescribed form and manner, as implemented by detailed rules and asset specific forms.
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Provisions expressly mentioned in the judgment/order text.
Registration of valuers: applicants must meet prescribed qualifications, declare impartiality, use prescribed reports, and avoid conflicts of interest.
Section 34AB requires the Chief Commissioner or Director General to maintain a Register of Valuers; persons with prescribed qualifications may apply in the prescribed form, verified and accompanied by prescribed fees. Applicants must declare they will make impartial and true valuations, furnish reports in the prescribed form, charge fees within prescribed limits, and not value assets in which they have a direct or indirect interest. Valuation reports by registered valuers must be in and verified in the prescribed form and manner, as implemented by detailed rules and asset specific forms.
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