On 19 May 2026, the Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2026 to amend the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016.
The provisions came into force on 20 May 2026.
All you need to know about the revised Regulation 35 relating to “Valuation of assets or business intended to be sold” of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016:
In case no valuation was done earlier, or a fresh valuation is needed, the liquidator will have to, after consulting the consultation committee:
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Appoint 2 registered valuers within 7 days from the start of the…