International Valuation Standards notified for insolvency valuations under the Code across resolution, liquidation, and bankruptcy processes. The Insolvency and Bankruptcy Board of India notifies International Valuation Standards issued by the International Valuation Standards Council as the applicable valuation standards for all valuations conducted under the Insolvency and Bankruptcy Code, 2016 and the regulations made thereunder. The circular applies to corporate insolvency resolution, liquidation, voluntary liquidation, pre-packaged insolvency resolution, and bankruptcy of personal guarantors, and remains effective from the date of issue until further orders.