MCA has released the draft of Companies (Registered Valuers And Valuation) Rules, 2017 for public comments

The Insolvency and Bankruptcy Board of India established under the Insolvency and Bankruptcy Code, 2016 shall be the “Registration Authority” for the Registered Valuers. Members of a professional institute with at least five years’ experience after such membership are eligible to register after passing the examination being conducted by IBBI. A registered valuer shall make valuations as per the Valuation Standards notified from time to time by the Central Government. Suggestions/ comments on the draft rules along with justifications in brief may be sent latest by 27/06/2017 through email at These Rules shall come into force with effect from 15th July, 2017.

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