The Insolvency and Bankruptcy, and Registered
Valuer program regulations have been implemented
in less than two years, a remarkably fast
period of time. I was fortunate to be able to meet
with some of the key regulators and Registered
Valuer Organizations (RVOs) driving this process
during the Third BV Summit in Delhi on June 15.
I met with Dr. M.S. Sahoo, chairperson of the
Insolvency and Bankruptcy Board of India (IBBI),
and Makarand Lele, president of the Institute of
Company Secretaries of India, to discuss how
these changes in bankruptcy and insolvency regulations
were being implemented, their impact
on the valuation profession, and the outlook for
valuers in India.
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