Central Government, in exercise of the powers conferred by Section 247 read with Sections 458, 459, and 469 of the Companies Act, 2013, has issued the Companies (Registered Valuers and Valuation) Amendment Rules, 2026, further amending the Companies (Registered Valuers and Valuation) Rules, 2017. The principal rules were originally published vide G.S.R. 1316(E) dated October 18, 2017, and were subsequently amended vide G.S.R. 155(E) dated February 9, 2018; G.S.R. 559(E) dated June 13, 2018; G.S.R. 925(E) dated September 25, 2018; G.S.R. 1108(E) dated November 13, 2018; and G.S.R. 831(E) dated November 21, 2022.

Rule 12, Sub-rule (1), Clause (i) — Eligibility of Registered Valuer Organisations: The existing Clause (i) of Sub-rule (1) of Rule 12 has been substituted with the following:

“(i) it has been registered under section 25 of the Companies Act, 1956 (1 of 1956) or section 8 of the Companies Act, 2013 (18 of 2013), having, —

(a) a minimum paid-up share capital of twenty-five lakh rupees;

(b) the sole object of dealing with matters relating to regulation of valuers of an asset class or asset classes; and

(c) bye-laws containing the requirements specified in Annexure–III:

Provided that a registered valuer organisation which does not have the specified minimum paid-up capital as on the date of the commencement of the Companies (Registered Valuers and Valuation) Amendment Rules, 2026 shall comply with this requirement on or before 31st March, 2028.”

The amendment impacts registered valuer organisations registered under Section 25 of the Companies Act, 1956 or Section 8 of the Companies Act, 2013. Registered valuer organisations that do not meet the minimum paid-up share capital requirement of twenty-five lakh rupees as on the date of commencement of these rules are required to comply with this requirement on or before March 31, 2028.