Valuation of assets of corporate debtor under the Insolvency and Bankruptcy Code, 2016 (“Code”) is a core feature of the entire Corporate Insolvency Resolution Process (“CIRP”) since it helps the Committee of Creditors (“CoC”) to take a conscientious decision on the viability of a resolution plan. Valuation report also acts as a yardstick for the CoC to negotiate with prospective resolution applicants to ensure effective asset maximisation of the corporate debtor...

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