Valuation requirements under the Companies Act, 2013 and Insolvency and Bankruptcy Code, 2016

Rule 10 of the Companies (Registered Valuers and Valuation) Rules, 2017 (Rules) read with section 247 of the Companies Act, 2013 (Act) require that a Registered Valuer shall conduct valuations required under the Act. Circular No. IBBI/RV/019/2018 dated 17th October, 2018 of IBBI mandates that the valuations required under the Code or any of the regulations made thereunder shall be conducted by a Registered Valuer. A list of the provisions of the Act and the Code under which valuations are required to be conducted by a Registered Valuer are enumerated below for ready reference of the stakeholders. The stakeholders are, however, advised to refer to the relevant provisions in the Act, the Code and the Rules and Regulations made there under, for the purpose of compliance.

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