IVS Now Applies to Insolvency Valuations in India: What Practitioners Need to Know
On 1 April 2026, the Insolvency and Bankruptcy Board of India (IBBI) issued Circular IBBI/RV/93/2026, notifying the International Valuation Standards (IVS) as the valuation standards applicable to valuations conducted under the Insolvency and Bankruptcy Code, 2016. The circular applies with immediate effect, and covers IVS as issued and updated from time to time by the IVSC. Read the IVSC’s announcement for the full background.
Insolvency and Bankruptcy Code enacted
India consolidates its insolvency framework; valuation becomes central to resolution processes.
IBBI issues Circular IBBI/RV/93/2026
The International Valuation Standards are notified as the applicable valuation standards under the Code.
IVS applies to valuations under the Code
The circular covers IVS as issued and updated from time to time by the IVSC.
Practitioners build IVS familiarity
Registered Valuers, insolvency professionals and reviewers align their work with the standards.
Why it matters
Valuation sits at the heart of insolvency and restructuring: it supports the evaluation of resolution plans, informs creditors and other stakeholders, and underpins confidence in outcomes. By notifying internationally recognised standards, the IBBI has aligned some of the highest-stakes valuation work in the Indian market with global best practice.
Who is affected
- Registered Valuers and Registered Valuer Organisations (RVOs), whose work under the Code must now apply IVS;
- Insolvency professionals and resolution applicants who commission and rely on those valuations;
- Lenders, committees of creditors and investors evaluating resolution plans;
- Audit and advisory teams reviewing valuation work performed under the framework.
Getting up to speed
For professionals who have worked primarily with local standards, the priority is understanding how IVS is organised and what it requires: the Valuation Framework (IVS 100), Scope of Work, Bases of Value, Valuation Approaches, Data and Inputs, Valuation Models, and Documentation and Reporting — plus the Asset Standards relevant to your practice. The IVS text itself, available from the IVSC, remains the authoritative source.
Build your understanding of IVS
Understanding IVS: The Foundations of Global Valuation Practice is the IVSC’s official online course — 16 self-paced modules covering every chapter of the latest IVS, with insights from the board members who develop the standards. Approximately 6–8 hours, with a verifiable certificate of completion. Group rates available.
Register nowMember of a professional body? If your organisation is an IVSC member, check with them directly — Affiliate Partners can offer their members a discounted enrolment rate via their own registration link.
