As per the provisions of the Companies Act which of the following is not a responsibility of the registered valuer?

Solution

Section 247. Valuation by registered valuers: (2) The valuer appointed under sub-section (1) shall— (a) make an impartial, true and fair valuation of any assets which may be required to be valued; (b) exercise due diligence while performing the functions as valuer; (c) make the valuation in accordance with such rules as may be prescribed; and (d) not undertake valuation of any assets in which he has a direct or indirect interest or becomes so interested at any time during a period of three years prior to his appointment as valuer or three years after the valuation of assets was conducted by him.