Please find the following update under IBBI
| Regulations | Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. | Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2026 | Comments |
| Regulation 35 Valuation of assets intended to be sold. , in sub-regulation (3) After sub-regulation (7) | The Registered Valuers appointed under sub-regulation (2) shall independently submit to the liquidator the estimates of realisable value of the assets or businesses, as the case may be, computed in accordance with the | The Registered Valuers appointed under sub-regulation (2) shall independently submit to the liquidator the estimates of realisable value of the assets or businesses, as the case may be, computed in accordance with the such valuation standards as notified by the Board through circular, after physical verification of the assets of the corporate debtor. 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 | Registered valuers must independently submit to the liquidator the realizable value of assets or businesses after physical verification, computed in accordance with valuation standards notified by the Board through circular, replacing the earlier reference to the Companies (Registered Valuers and Valuation) Rules, 2017. For this regulation, a registered valuer must prepare the valuation report and maintain documentation in the format specified by the Board through a circular. |
Link – https://ibbi.gov.in/uploads/legalframwork/84331f985bf3636e7aa9ff770ad7667d.pdf
