https://www.taxtmi.com/acts?id=30973 Recognition requires a section 8 company with sole object as a registered valuers organisation, limits on foreign control and shareholding, no multi layer subsidiaries, and fit and proper status. The organisation must adopt and publish model consistent bye laws, maintain a Governing Board with specified residency, independence and composition rules, establish Membership, Monitoring, Grievance and Disciplinary Committees chaired by independent directors, maintain a member register, enforce member duties and a Code of Conduct, implement Monitoring and Grievance policies, and operate disciplinary procedures with specified sanctions and an Appellate Panel; rules for surrender and expulsion of membership are prescribed. en-us Mon, 18 Dec 2017 17:14:18 +0530 Mon, 12 Jan 2026 15:29:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30973 Recognition requires a section 8 company with sole object as a registered valuers organisation, limits on foreign control and shareholding, no multi layer subsidiaries, and fit and proper status. The organisation must adopt and publish model consistent bye laws, maintain a Governing Board with specified residency, independence and composition rules, establish Membership, Monitoring, Grievance and Disciplinary Committees chaired by independent directors, maintain a member register, enforce member duties and a Code of Conduct, implement Monitoring and Grievance policies, and operate disciplinary procedures with specified sanctions and an Appellate Panel; rules for surrender and expulsion of membership are prescribed. Act-Rules Companies Law Mon, 18 Dec 2017 17:14:18 +0530 https://www.taxtmi.com/acts?id=30973