IOV RVF inviting Suggestions for the amendments in Insolvency and Bankruptcy Code 2016

As per the notification, IBBI may be empowered to register and regulate a special class of valuers for rendering all valuation-related services during the processes envisaged under the Code. Further, in this regard, the IBBI will have the power to investigate their conduct and initiate disciplinary proceedings for contraventions of the Code and the regulations made thereunder, similar to its powers in relation to IPs. The copy of the notification is attached herewith.

In the above context along with other relevant points, if any,  IOV RVF would like to invite the views/suggestions/comments from our valuers members for submission of representation to IBBI for their kind perusal and consideration.

We look forward to receive your valuable suggestions on or before 30th January 2023 at email id pro@iovrvf.org