CHAPTER I

PRELIMINARY

 1.¹[Short title, commencement and application].-

 (1) These rules may be called the Companies (Registered Valuers and Valuation) Rules, 2017.

 (2) They shall come into force on the date of their publication in the Official Gazette.

²[(3) These rules shall apply for valuation in respect of any property, stocks, shares, debentures, securities or goodwill or any other assets or net worth of a company or its liabilities under the provision of the Act or these rules.

Explanation.- It is hereby clarified that conduct of valuation under any other law other than the Act or these rules by any person shall not be affected by virtue of coming into effect of these rules.]

Notes:

1. Substituded by the Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018  Notification no.G.S.R.1108(E) dated 13th November,2018.

For the marginal heading-

Short title and commencement

The following marginal heading shall be substituted, namely:-

Short title, commencement and application

2. Inserted by  the Companies (Registered Valuers and Valuation) Fourth Amendment Rules, 2018 Notification no.G.S.R.1108(E) dated 13th November,2018