Registered Valuer Organisations Must Maintain ₹25 Lakh Paid-Up Capital Under Amended Rules

The Ministry of Corporate Affairs has amended the Companies (Registered Valuers and Valuation) Rules, 2017, introducing a minimum paid-up share capital requirement of ₹25 lakh for companies seeking recognition as Registered Valuer Organisations (RVOs).

The change was brought in through a 2026 amendment to the rules notified on June 1.

At the heart of the amendment is a revision to Rule 12(1)(i), which sets out the eligibility criteria for companies applying to be recognised as RVOs.

Under the revised provision, an organisation must be registered under Section 25 of the Companies Act, 1956 or Section 8 of the Companies Act, 2013. It must also have a minimum paid-up share capital of ₹25 lakh.

The organisation must have as its sole object dealing with matters relating to the regulation of valuers of an asset class or asset classes. It must also have bye-laws containing the requirements specified in Annexure III of the rules.

The notification grants existing RVOs time to meet the new capital requirement. Organisations that do not have the prescribed paid-up capital as on June 1, 2026 must comply with the requirement on or before March 31, 2028.

Until now, companies seeking recognition as Registered Valuer Organisations were not required to maintain any minimum paid-up capital. Their eligibility depended on registration under the Companies Act, their stated object, and compliance with prescribed bye-laws. The amendment introduces a minimum capital requirement of ₹25 lakh for such entities. It also provides a transition period for existing organisations to comply.

The amendment does not alter the separate eligibility route available to professional institutes established under a statute or an Act of Parliament. Registered societies and trusts that satisfy the conditions prescribed under the rules also continue to remain eligible for recognition as Registered Valuer Organisations.