The Ministry of Corporate Affairs (MCA), through the Companies (Registered Valuers and Valuation) Amendment Rules, 2026, has amended Rule 12 of the Companies (Registered Valuers and Valuation) Rules, 2017 to strengthen the eligibility requirements for Registered Valuer Organisations (RVOs). Under the revised provisions, an RVO must be registered under Section 25 of the Companies Act, 1956 or Section 8 of the Companies Act, 2013, possess a minimum paid-up share capital of ₹25 lakh, have the sole objective of regulating valuers of one or more asset classes, and maintain bye-laws containing the prescribed requirements. Recognizing that some existing RVOs may not meet the enhanced capital requirement immediately, the MCA has provided a transition period until 31 March 2028 for compliance. The amendment takes effect from the date of publication in the Official Gazette and is intended to strengthen the governance, financial stability, and institutional capacity of organizations responsible for regulating and supporting registered valuers in India.
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 (lof 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.
