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    <title>PROVISIONS RELATIONG TO VALUATION UNDER COMPANIES ACT, 2013</title>
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    <description>The Companies Act requires valuations of company assets, securities, goodwill, net worth and liabilities to be conducted by a registered valuer appointed by the audit committee or board. The valuer must deliver an impartial valuation, observe prescribed rules and avoid conflicts of interest. Statutory contexts mandating such valuation include issuance of shares for non-cash consideration, director-related non-cash arrangements, compromise and arrangement schemes, mergers and amalgamations, compulsory minority buyout offers after dominant acquisitions, and liquidator asset reports; valuation reports must accompany statutory notices and meetings as prescribed.</description>
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