April 2026 | Insolvency, Restructuring & Valuation Law
The Insolvency and Bankruptcy Board of India (IBBI) issued Circular No. IBBI/RV/93/2026 on April 1, 2026, notifying the International Valuation Standards (IVS), as issued and updated by the International Valuation Standards Council (IVSC), as the applicable valuation standards for all valuations conducted under the Insolvency and Bankruptcy Code, 2016 (IBC). The circular takes effect immediately from the date of its issue and applies to the entire ecosystem of insolvency professionals, registered valuers, valuer organisations, and valuer entities.
Background
Valuation has always occupied a central role in insolvency proceedings under the IBC. Whether it is the evaluation of…