The Ministry of Corporate Affairs has issued a public notice dated 2 February 2026 proposing amendments to the Companies (Registered Valuers and Valuation) Rules, 2017 to introduce a minimum paid-up share capital requirement for Registered Valuers Organisations (RVOs). Under the existing framework, Rule 12(1) prescribes eligibility conditions for RVO recognition—such as registration under section 25 of the Companies Act, 1956 or section 8 of the Companies Act, 2013, a sole object relating to regulation of valuers, and specified bye-laws—but does not mandate any capital threshold. Based on stakeholder suggestions, the draft amendment proposes a minimum paid-up share capital of ₹25 lakh for RVOs. To ensure a smooth transition, existing RVOs that do not meet this requirement at commencement are proposed to be granted time until 31 March 2028 to comply. The draft notification has been placed on the MCA portal, and stakeholder comments are invited through the e-Consultation Module by 5 March 2026.
Government of India
Ministry of Corporate Affairs
CL-I Section
Public Notice No. 1/27/2013-CL-V(P) | Dated: 2nd February, 2026
Rule 12(1) of the Companies (Registered Valuers and Valuation) Rules, 2017, provides for the eligibility criteria for recognition of Registered Valuers Organisations (RVOs). It, inter alia, stipulates that an RVO must be registered under section 25 of the Companies Act, 1956, or section 8 of the Companies Act, 2013, with the sole object of dealing with matters relating to regulation of valuers of an asset class or asset classes and has in its bye laws the requirements specified in Annexure- III of the Rules. However, it does not specify any minimum share capital criteria for recognition as an RVO.
Suggestions have been received for amending rule 12(1)(i) of the Companies (Registered Valuers and Valuation) Rules, 2017 for prescribing a minimum paid-up share capital criteria for recognition of RVOs. In this regard, it is proposed to prescribe ₹25 lakh minimum paid-up share capital requirement for RVOs by amending such rule. A period upto 31st March, 2028 is proposed to be given to existing RVOs to align with this new requirement. Accordingly, a notification proposing amendment in the rules has been prepared and is made available on the portal of the Ministry i.e. www.mca.gov.in.
It has been decided to invite suggestions/comments on such draft amendment from stakeholders. Suggestions/comments on the draft amendment notification along with justification in brief may be sent latest by 05th March, 2026 through e-Consultation Module on the website of Ministry of Corporate Affairs.
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GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
DRAFT NOTIFICATION
New Delhi, the____ February,2026
G.S.R (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 shall be substituted, namely:-
“(i) it has been registered under section 25 of the Companies Act, 1956 (1of 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 organization which does not have the specified minimum paid-up capital as on the date of 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.)
Joint Secretary to the Government of India
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.
