Press Information Bureau

Government of India

Ministry of Corporate Affairs

18-August-2011 16:00 IST

Valuation Professionals Bill

The report submitted by the Expert Group on Valuation Professionals Bill including the comments received in this regard from the stakeholders are under consideration of this Ministry and No definite time frame can be given at this stage.

This was stated by the Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today in the Lok Sabha in reply to a written question regarding the the current status of “Valuation Professionals Bill”.

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ST/-

Valuation Professionals Bill status: report and stakeholder comments under consideration, no definite timeframe announced, update pending. The Expert Group report on the Valuation Professionals Bill, including stakeholder comments, is under consideration by the Ministry; no definite time frame for further action has been set, as communicated in a parliamentary reply by the Minister of State.