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of <h1>IBBI Requires Valuation Report Identification Number for Authenticity in Insolvency Cases Under Bankruptcy Code, 2016.</h1> The Insolvency and Bankruptcy Board of India (IBBI) mandates the generation of a Valuation Report Identification Number (VRIN) for valuations conducted under the Insolvency and Bankruptcy Code, 2016. This requirement applies to all Registered Valuers and Valuer Entities, ensuring authenticity and uniqueness of valuation reports. An online module on the IBBI website facilitates VRIN generation, which must be included on the report's front page. Stakeholders can verify report authenticity using VRIN. This circular applies to valuation reports dated on or after its issuance, and reports without VRIN will not be accepted.
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