Important update by Insolvency and Bankruptcy Board of India

IBBI Updates on framework for CIRP Valuation

The Insolvency and Bankruptcy Board of India (IBBI) has issued Circular regarding standardised valuation formats and strengthened valuation standards for Corporate Insolvency Resolution Process (CIRP) . The move aims to improve consistency, transparency, and credibility in valuation reports, align with uniform valuation principles, and enhance overall value discovery in insolvency proceedings.