On 19 May 2026, the Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2026 to amend the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016.
The provisions came into force on 20 May 2026.
All you need to know about the revised Regulation 35 relating to “Valuation of assets or business intended to be sold” of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016:
In case no valuation was done earlier, or a fresh valuation is needed, the liquidator will have to, after consulting the consultation committee:
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Appoint 2 registered valuers within 7 days from the start of the liquidation.
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These valuers will find the sale value of the assets/ business.
Special rule for Micro, Small and Medium Enterprises:
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Normally, the liquidator will appoint only 1 valuer per asset class, instead of 2.
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However, if needed, the liquidator can still appoint 2 valuers and record the reasons in writing after consulting the committee.
Also read:
IBBI Pre-Pack Regulations Second Amendment 2026: Key Changes in Valuer Appointment, Fair & Liquidation Value Calculation, dt. 19 May 2026
[IBBI (Liquidation Process) (Third Amendment) Regulations, 2026 — Key Changes in Regulation relating to Valuation Explained, dt. 19 May 2026]
