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IBBI specifies valuation mandatorily to be done by Registered Valuers

Insolvency and Bankruptcy Board of India(IBBI) vide circular dated 16th September, 2019 provides list of the provisions of the Companies Act, 2013 (“Act”) and the Insolvency and Bankruptcy Code, 2016 (“Code”) under which valuations are required to be conducted by a registered Valuers only as an Annexures for ready reference of the stakeholders.

The complete circular along with the list of the provisions of the Act and the Code under which valuations are required by registered valuers as Annexures I and II respectively are attached herewith:

Valuation Required under the Companies Act and IBBI

 

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