Please find the following update under IBBI
| Regulations | Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019. | Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2026. | Comments |
| Regulation 30 Valuation of assets, sub-regulation (2) after sub-regulation (4) | The registered valuer appointed under sub-regulation (1) shall submit to the bankruptcy trustee the estimates of the realisable value of the asset computed in accordance with | The registered valuer appointed under sub-regulation (1) shall submit to the bankruptcy trustee the estimates of the realisable value of the asset computed in accordance with such valuation standards as notified by the Board through circular, after physical verification of the assets of the bankrupt. For the purposes of this regulation, a registered valuer shall prepare the valuation report and maintain such documentation as per the format notified by the Board through circular | The registered valuer must, after physically verifying the assets, submit to the bankruptcy trustee the estimated realizable value computed in accordance with the valuation standards notified by the Board through circular. For this regulation, a registered valuer is required to prepare the valuation report and maintain supporting documentation in the format prescribed by the Board through a circular |
Link – https://ibbi.gov.in/uploads/legalframwork/ed7f836c7bd8fc8ca83858241b809753.pdf
