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Core Purpose

The Ministry of Corporate Affairs, in exercise of powers conferred by the Companies Act, 2013, makes new rules to further amend the Companies (Registered Valuers and Valuation) Rules, 2017.

Detailed Summary

The Ministry of Corporate Affairs, on June 1, 2026, issued Notification G.S.R. 432(E), exercising powers under section 247 read with sections 458, 459, and 469 of the Companies Act, 2013 (18 of 2013). These rules, titled the Companies (Registered Valuers and Valuation) Amendment Rules, 2026, amend the Companies (Registered Valuers and Valuation) Rules, 2017. Specifically, in rule 12, sub-rule (1), clause (i) is substituted. The new clause (i) mandates that an organization must be registered under section 25 of the Companies Act, 1956 (1 of 1956) or section 8 of the Companies Act, 2013 (18 of 2013), and must possess a minimum paid-up share capital of twenty-five lakh rupees, have the sole object of dealing with matters relating to the regulation of valuers of an asset class or asset classes, and include requirements specified in Annexure –III in its bye-laws. A proviso allows registered valuer organizations that do not meet the specified minimum paid-up capital as of the commencement date of these 2026 Amendment Rules to comply with this requirement on or before March 31, 2028. The principal rules were initially published vide G.S.R. 1316(E) dated October 18, 2017, and subsequently amended multiple times, with the latest prior amendment being G.S.R. 831(E) dated November 21, 2022.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-05062026-273166 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 390] NEW DELHI, WEDNESDAY, JUNE 3, 2026/JYAISHTHA 13, 1948 4008 GI/2026 (1) MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st June, 2026 G.S.R. 432(E). — In exercise of the powers conferred by section 247 read with sections 458,459 and 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Registered Valuers and Valuation) Rules, 2017, namely:- 1. Short title and commencement. — (1) These rules may be called the Companies (Registered Valuers and Valuation) Amendment Rules, 2026. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Companies (Registered Valuers and Valuation) Rules, 2017, in rule 12, in sub-rule (1), for clause (i) the following clause shall be substituted, namely:- "(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”. [F. No.1/27/2013-CL-V(Part)] BALAMURUGAN D., Jt. Secy. Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide, G.S.R. 1316(E), dated the 18th October, 2017 and subsequently amended, vide G.S.R. 155 (E), dated the 9th February, 2018, G.S.R. 559 (E), dated the 13th June, 2018, G.S.R. 925(E), dated the 25th September, 2018, G.S.R. 1108(E), dated the 13th November, 2018 and G.S.R. 831(E), dated the 21st November, 2022. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. KUMER Digitally signed by KUMER CHAND MEENA Date: 2026.06.05 MEENA 11:43:28 +05'30'

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