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Valuation by registered valuers

Section 247 - Acts - REGISTERED VALUERS - Companies Law - Section 247 - CHAPTER XVII REGISTERED VALUERS 247. (1) Where a valuation is required to be made in respect of any property, stocks, shares, debentures, securities or goodwill or any other asse .....

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on recognised, in such manner, on such terms and conditions as may be prescribed] and appointed by the audit committee or in its absence by the Board of Directors of that company. (2) The valuer appointed under sub-section (1) shall,- (a) make an imp .....

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luation of any assets in which he has a direct or indirect interest or becomes so interested at any time during or after the valuation of assets. (3) If a valuer contravenes the provisions of this section or the rules made thereunder, the valuer shal .....

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