RV Entity Registration Number IBBI/RV-E/02/2021/149
Regulatory Valuations are required under Companies Act, Income Tax Act, FEMA, SEBI Regulations, Insolvency & Bankruptcy Code, IND-AS (Financial Reporting). As a leading and credible team of asset valuers, RNC provides a broad suite of valuation services for regulatory purposes
Different regulators in India have prescribed different, and at some places even contradictory, valuation requirements to be applied in specific situations
In addition to applicable laws & regulations, more recently, some regulators have also prescribed valuation to be conducted as per internationally accepted valuation guidelines.
Some regulators have put in additional requirement of following with international valuation standards. Despite being highly regulated, there are also certain situations wherein valuation is required but no valuation methodology is prescribed by any regulator or under applicable law and same is left to the judgement of the asset valuer.
Apart from valuation methodology, the eligibility to perform valuations also varies under different regulations wherein chartered accountants and/or SEBI-registered merchant bankers and w.e.f. 1st February 2019 Registered Valuers can conduct Valuations in India.
However, under the applicable provisions of the Companies Act, 2013, The Insolvency and Bankruptcy Code and SEBI ICDR Regulations, 2018 and SEBI (REIT and InvIT) Regulations, 2016 it is mandatory to get the Valuations done by a Registered Valuation firm only.