Valuation under the IBC must be supported by comprehensive...

Valuation under the IBC must be supported by comprehensive documentation, clear reasoning, and minimum report contents to improve consistency, transparency, comparability, and value maximisation. The guidelines prescribe mandatory documentation, valuation report disclosures, and asset-specific formats for land and building, plant and machinery, and securities or financial assets. They also require registered valuers to consider defined parameters for receivables and to cooperate with the designated coordinating valuer. The coordinating valuer must integrate asset-class valuations, assess synergies and intangible assets, maintain records, and prepare a coordinating valuation report with the final fair value of the corporate debtor. The circular applies to valuations conducted after its issue.