Valuation Report Identification Number requirement: registered valuers must generate and display VRIN before submitting IBC valuation reports. A mandatory regime requires each valuation report under the Code to bear a unique Valuation Report Identification Number (VRIN) generated via an IBBI online module before submission; the VRIN must appear on the report front page and can be used on the IBBI website to verify authenticity. Insolvency professionals must not accept reports dated on or after the circular without a VRIN.
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Provisions expressly mentioned in the judgment/order text.
Valuation Report Identification Number requirement: registered valuers must generate and display VRIN before submitting IBC valuation reports.
A mandatory regime requires each valuation report under the Code to bear a unique Valuation Report Identification Number (VRIN) generated via an IBBI online module before submission; the VRIN must appear on the report front page and can be used on the IBBI website to verify authenticity. Insolvency professionals must not accept reports dated on or after the circular without a VRIN.
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