Rule 3(2) of Valuers Rules 2017 Upheld, Restricts Valuer Registration to Non-Subsidiary, Non-Associate, Non-Joint Venture Companies.

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....Constitutional validity of Rule 3(2) of the Companies (Registered Valuers and Valuation) Rules, 2017 - making eligible only companies other than subsidiary companies, associate companies and joint ventures for the purpose of registration as valuer - as such the Rule cannot be faulted....