IBBI Issues Comprehensive Valuation Guidelines Circular Under IBC — 15 June 2026
On 15 June 2026, IBBI issued a Circular titled ‘Guidelines for Conducting Valuation Under the Insolvency and Bankruptcy Code, 2016’, supplementing the earlier April 2026 mandatory adoption of International Valuation Standards (IVS) across all IBC proceedings. The June guidelines are expected to address practitioner-level ambiguities flagged after the April IVS mandate (Circular IBBI/RV/93/2026), including methodology reconciliation between IVS and legacy IBBI CIRP regulations. All IBC valuations across CIRP, liquidation, PPIRP and personal guarantor proceedings must now follow IVS.
Key Details
- Regulator: IBBI
- Date: 15 June 2026
- Document / Order No.: Not specified in source
- Parties: IBBI; all IBBI-registered Valuers, Resolution Professionals, Liquidators
- Industry Impact: Insolvency and Bankruptcy / Valuation Professionals / CIRP and Liquidation Practitioners
- Effective Date: 15 June 2026
- Source Type: Regulatory Circular — Insolvency and Bankruptcy Board of India (IBBI)
Why It Matters
IBBI’s June 2026 guidelines operationalise the April 2026 mandatory International Valuation Standards (IVS) mandate by resolving practitioner-level ambiguities around methodology reconciliation between IVS and legacy IBBI CIRP regulations. All IBC valuations across CIRP, liquidation, PPIRP, and personal guarantor proceedings must now comply with IVS, making standardised valuation practice mandatory for every IBBI-registered Valuer, Resolution Professional, and Liquidator. This marks a significant shift toward global valuation benchmarks within India’s insolvency framework.
FAQ
Q: What does IBBI’s 15 June 2026 circular require from registered valuers under IBC?
A: The circular issues comprehensive guidelines for conducting valuations under the Insolvency and Bankruptcy Code, 2016, requiring all IBBI-registered Valuers, Resolution Professionals, and Liquidators to follow International Valuation Standards (IVS) across all IBC proceedings including CIRP, liquidation, PPIRP, and personal guarantor proceedings.
Q: What was the earlier IBBI circular that the June 2026 guidelines supplement?
A: The June 2026 guidelines supplement Circular IBBI/RV/93/2026 issued in April 2026, which mandated the adoption of International Valuation Standards across all IBC proceedings.
Q: What specific ambiguities do the June 2026 IBBI guidelines address?
A: The June 2026 guidelines are expected to address practitioner-level ambiguities flagged after the April 2026 IVS mandate, including methodology reconciliation between IVS and legacy IBBI CIRP regulations.
