Conduct of Valuation

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..... notified or modified by the Central Government, a valuer shall make valuations as per- (a) internationally accepted valuation 1 [ standards; or ] (b) valuation standards adopted by any registered valuers organisation. (2) The registered valuer may obtain inputs for his valuation report or get a separate valuation for an asset class conducted from another registered valuer, in which ca .....

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..... pon; (h) procedures adopted in carrying out the valuation and valuation standards followed; (i) restrictions on use of the report, if any; (j) major factors that were taken into account during the valuation; (k) conclusion; and (l) caveats, limitations and disclaimers to the extent they explain or elucidate the limitations faced by valuer, which shall not be for the purpose of limit .....

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