Draft Regulations Take Center Stage at the BV Summit in Mumbai

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The Business Valuation Summit—Mumbai was held on May 3 and was the second in a series of three summits in India. A focus of the summits is a discussion of the draft regulations for the Registered Valuer program, issued by the Ministry of Corporate Affairs (MCA) and implemented by the Insolvency and Bankruptcy Board of India (IBBI).The MCA and IBBI continue to be highly involved with the valuation profession, with the IBBI forming a Valuation Committee and taking counsel from leading experts from the International Valuation Standards Council (IVSC), Registered Valuer Organizations(RVOs), and valuation firms. Organized by I-Deals Network and the International Institute of Business Valuers (iiBV), with sponsors including KNAV, Corporate Professionals, Truscel Capital, and Rakesh Narula & Co., the summits feature leading experts from India and several nations in private equity, venture capital, and valuation. View Original Article