Rule 248: calculated at the following rates:—

Bare law

Rule 248 - calculated at the following rates:—

248. (1) Subject to the provisions of sub-rules (2) and (3), the fees to be charged by a registered valuer for valuation of any asset shall not exceed the amount calculated at the following rates:— (a) on the first Rs. 500000 of the asset as valued 1/2% of the value; (b) on the next ten lakhs rupees of the asset as valued 1/5% of the value; (c) on the next forty lakhs rupees of the asset as valued 1/10% of the value; and (d) on the balance of the asset as valued 1/20% of the value. (2) Where two

Removal from register of names of valuers and restoration.

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