IBBI Mandates Registered Valuers to Provide a ‘Valuation Report Identification Number’ for Each Valuation

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By Taxmann
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Last Updated on 13 August, 2024

Valuation Report Identification Number

Circular No. No. IBBI/RV/75/2024, Dated: 12.08.2024

IBBI mandates that all valuation reports under the Insolvency and Bankruptcy Code must include a unique Valuation Report Identification Number (VRIN) to ensure authenticity. Accordingly, the IBBI has developed a new online module that allows Registered Valuers (RVs) to generate VRINs for each report. Stakeholders can verify report authenticity using VRIN on the IBBI website.

Click Here To Read The Full Circular

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