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of <h1>Regulation 26 mandates resolution professionals to appoint a registered valuer within seven days to assess corporate debtor values.</h1> Regulation 26 of the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 mandates that the resolution professional must appoint a registered valuer within seven days of their appointment. This valuer is responsible for determining the fair and liquidation values of the corporate debtor. Certain individuals are prohibited from being appointed as valuers, including relatives of the resolution professional, related parties of the corporate debtor, auditors of the corporate debtor within the past five years, and partners or directors of the resolution professional's entity.
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