Several writ petitions were filed challenging the constitutional validity of Rule 3(2) of the Companies (Registered Valuers and Valuation) Rules, 2017. The petitioners, primarily real estate consultancy firms, argued that the rule, which disqualifies companies that are subsidiaries, joint ventures, or associates of other companies from being registered valuers, violates Articles 14, 19(1)(g), and 301 of the Constitution of India. The petitioners contended that the rule imposes unreasonable restrictions on their right to carry on trade and business and is discriminatory. The respondents, on the other hand, defended the rule, arguing that it is necessary to maintain the integrity and independence of the valuation profession and to prevent conflicts of interest. They

Several writ petitions were filed challenging the constitutional validity of Rule 3(2) of the Companies (Registered Valuers and Valuation) Rules, 2017. The petitioners, primarily real estate consultancy firms, argued that the rule, which disqualifies companies that are subsidiaries, joint ventures, or associates of other companies from being registered valuers, violates Articles 14, 19(1)(g), and 301 of the Constitution of India. The petitioners contended that the rule imposes unreasonable restrictions on their right to carry on trade and business and is discriminatory. The respondents, on the other hand, defended the rule, arguing that it is necessary to maintain the integrity and independence of the valuation profession and to prevent conflicts of interest. They