https://www.taxtmi.com/acts?id=53714 Section 247 is amended to place company valuation under a regulated framework administered by the Valuation Authority. Valuation is to be undertaken only by a registered valuer who meets specified qualifications, belongs to a recognised valuers' organisation, and holds a valid certificate of registration. The Valuation Authority is empowered to recognise organisations and valuers, recommend and enforce valuation standards and policies, supervise compliance, impose suspension, cancellation or penalties, and make regulations governing registration, valuation procedure, delegation and enforcement. en-us Tue, 24 Mar 2026 14:57:33 +0530 Tue, 24 Mar 2026 14:57:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53714 Section 247 is amended to place company valuation under a regulated framework administered by the Valuation Authority. Valuation is to be undertaken only by a registered valuer who meets specified qualifications, belongs to a recognised valuers' organisation, and holds a valid certificate of registration. The Valuation Authority is empowered to recognise organisations and valuers, recommend and enforce valuation standards and policies, supervise compliance, impose suspension, cancellation or penalties, and make regulations governing registration, valuation procedure, delegation and enforcement. Act-Rules Bills Tue, 24 Mar 2026 14:57:33 +0530 https://www.taxtmi.com/acts?id=53714