Governance Structure of the Registered Valuers Organisation

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Dear Madam / Sir, Subject: Governance Structure of the Registered Valuers Organisation The Companies (Registered Valuers and Valuation) Rules, 2017 (Rules) envisage Registered Valuer Organisations (RVOs) to act as front-line regulators for development and regulation of the valuation profession. The RVOs have the responsibility to admit, develop, monitor and discipline the members of the prof....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....reholder of the registered valuers organisation; and (d) who fulfils the requirements under sub-section (6) of section 149 of the Companies Act, 2013. Further, as per sub-clause (6), the Chairperson of the Governing Board of an RVO shall be an independent director. 3. In the meetings with MDs/CEOs of the RVOs, tḥe issue of eligibility to be an independent director has been discussed a ....