Valuer can be sue for Tort or Negligence

The position in law seems to be that a valuer cannot claim immunity any more if he acts negligently in making his determination and can be sued for tort or negligence but action against the valuer for damages cannot come in the way when the court is considering the validity of the valuation itself. In this country the Courts cannot be bound to accept the determination or opinion of an expert which is erroneous as otherwise it would amount to perpetuating the mistake.- Shri Mihir Chakraborty vs. Muti Tech Computers Pvt. Ltd. (2001) 106 Comp. Cas. 150 (Del.)

Link :