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Only registered valuers to value insolvent assets from Feb 2019

Updated : October 18, 2018 11:06 PM IST

The circular said every valuation required under the Code will be conducted by a "registered valuer", that is, a valuer registered with the IBBI under the Companies (Registered Valuers and Valuation) Rules, 2017.
Also, if the valuer has already been appointed and valuation is not complete before January 31, 2019, the valuer will have to finish such valuation within the next three months, it said.
Only registered valuers to value insolvent assets from Feb 2019

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