Regulatory Updates: Ministry of Corporate Affair – the “Companies (Registered Valuer’s and Valuation) Amendment Rules, 2018.

MCA vide its notification dated 9 February 2018 has notified the “Companies (Registered Valuer’s and Valuation) Amendment Rules, 2018“, to amend Rule 11 on “Transitional Arrangement”, i.e. persons rendering valuation services.

According to the provisions of these rules, any person rendering valuation services under the said act on the date of the commencement of the particular rules can continue to until 31 March 2018 without a certificate, however, with the new amendment the time has been extended till 30 September 2018.

Source:

http://www.mca.gov.in/Ministry/pdf/CompaniesRules2018_12022018.pdf

Advertisements