The Insolvency and Bankruptcy Board of India (IBBI) on June 15, 2026, has issued Guidelines for Conducting Valuation under the Insolvency and Bankruptcy Code, 2016 (IBC) to enhance the quality, consistency, transparency, and credibility of valuation reports prepared during insolvency, liquidation, voluntary liquidation, pre-packaged insolvency, and bankruptcy proceedings. Recognising that valuation is a critical component of the insolvency framework and central to the objective of value maximisation under the Code, the guidelines aim to ensure that valuation reports are comprehensive, well-reasoned, and supported by adequate documentation.
The circular follows amendments to various IBBI regulations that require registered valuers to prepare valuation reports and maintain supporting documentation in a format specified by the Board. Accordingly, the new guidelines prescribe the documentation to be maintained by registered valuers, the minimum contents of valuation reports, key parameters for valuing receivables, and the responsibilities of valuers towards a designated coordinating valuer. The guidelines also provide asset-specific formats for valuation reports and establish a framework for coordinating valuers in determining the fair value of a corporate debtor.
With effect from June 15, 2026, all registered valuers appointed under the IBC and the regulations made thereunder are required to prepare valuation reports and maintain records in accordance with these guidelines. The circular has been issued under the powers conferred on the IBBI under Section 196 of the Insolvency and Bankruptcy Code, 2016.
Please refer to the document attached below for more details.
[Notification No. IBBI/RV/103/2026]
