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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, which body is the authority that recognises Registered Valuers Organisations (RVOs) and enrols valuers on the register?

The Insolvency and Bankruptcy Board of India is the authority under the Companies (Registered Valuers and Valuation) Rules, 2017. It recognises Registered Valuers Organisations and oversees the valuer register. SEBI, ICMAI and RBI have different roles and are not the designated authority.

  1. AInsolvency and Bankruptcy Board of IndiaCorrect
  2. BSecurities and Exchange Board of India
  3. CInstitute of Cost Accountants of India
  4. DReserve Bank of India

Explanation

The rules designate the Insolvency and Bankruptcy Board of India as the authority for registering valuers' organisations and for the valuer register under the Companies Act framework. SEBI regulates securities markets and does not run the valuer register. Professional institutes may become RVOs but are not the authority.

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