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CMA Final · Strategic Performance Management and Business Valuation · Laws and Compliance in Business Valuation

Under the Companies (Registered Valuers and Valuation) Rules, 2017, a person who wishes to act as a registered valuer must first be enrolled with which kind of body?

A person must be a member of a Registered Valuers Organisation recognised by the authority. The RVO handles enrolment, training and professional conduct of valuers, and valuers are registered with the authority through it, not through the Registrar of Companies, a stock exchange or the Institute directly.

  1. AA Registered Valuers Organisation recognised by the authorityCorrect
  2. BThe Registrar of Companies of the state concerned
  3. CThe Institute of Chartered Accountants of India directly
  4. DThe stock exchange where the company is listed

Explanation

The Rules require a valuer to be a member of a Registered Valuers Organisation (RVO) and be registered with the authority through it. The RVO conducts the education, training and conduct oversight. The ROC does not enrol valuers.

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