Definitions

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..... perform the functions under these rules; (c) asset class means a distinct group of assets, such as land and building, machinery and equipment, displaying similar characteristics, that can be classified and requires separate set of valuers for valuation; (d) certificate of recognition means the certificate of recognition granted to a registered valuers organisation under sub-rule (5) of .....

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..... ority in accordance with these rules and the term registered valuer shall be construed accordingly. (2) Words and expressions used but not defined in these rules, and defined in the Act or in the Companies (Specification of Definitions Details) Rules, 2014 , shall have the same meanings respectively assigned to them in the Act or in the said rules. - - statute, statutory provisions legis .....

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