Valuation Under the Insolvency & Bankruptcy Code (IBC)
As per the Companies Rules, 2017, valuation under the IBC should be conducted by a valuer registered with the IBBI. Acquiring assets valuation is crucial for any acquisition to take informed decisions under the IBC. The main purpose of valuation under IBC is to be transparent and determine the fair value of the assets resulting in a more relevant decision by the committee of creditors.
The company assets are classified into three asset category classes i.e., land and building, plant and machinery, securities, or financial assets. My Valuation holds a leading position for providing IBC valuation in India. With our extensive experience in the valuation of assets under IBC, we help businesses get the valuation of real estate, plant, and machinery.
Section 59(3)(b)(ii) of the Insolvency and Bankruptcy Code, 2016