Section 12(1)(ii) in Companies (Registered Valuers and Valuation) Rules, 2017
(ii)[it is a professional institute] [Substituted 'a professional institute' by Notification No. G.S.R. 1108(E), dated 13.11.2018 (w.e.f. 18.10.2017).] established by an Act of Parliament enacted for the purpose of regulation of a profession;