The IBC (Insolvency and Bankruptcy Code) 2016 changed the insolvency resolution framework of India by coming up with a structured and time-bound process for resolving financial distress. One of the most important aspects of bankruptcy and insolvency proceedings is valuing assets accurately. This is where registered valuers can play such an important role. These are professionals recognized by the IBBI (Insolvency and Bankruptcy Board of India) — they are authorized to determine the liquidation and fair value of assets at the time of insolvency proceedings.
