Companies Act, 2013
Section - 247 - Valuation by registered valuers
CHAPTER XVIIREGISTERED VALUERSValuation by 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 assets (herein referred to as the assets) or net worth of a company or its liabilities under the provision of this Act, it shall be valued by [a person having such qualifications and experience, registered as a valuer and being a member of an organisation 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 impartial, true and fair valuation of any assets which may be required to be valued; |
| (b) | - | exercise due diligence while performing the functions as valuer; |
| (c) | - | make the valuation in accordance with such rules as may be prescribed; and |
.... To read the full section download the app from Google Play store
Featured
28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLEST R SOOD & CO New Delhi CA Inter View Details
ARTICLESHIP
28 May 2026
Accounts, Audit & Compliance ExecutiveShyam Joshi & Associates Pune B.Com View Details
Featured
27 May 2026
Lead Conversion Executive / Sales Closing ExecutiveSMJ global advisors pvt ltd New Delhi B.Com View Details
01 June 2026
Audit, Taxation & Compliance ExecutiveR P S K & Associates Nashik CA Inter View Details |
CAclubindia
