Recent amendments to the PPIRP rules by the IBBI enhance transparency and clarity in the appointment of valuers, aiming to avoid conflicts of interest.
IBBI Amends PPIRP Rules for Valuer Appointments
The Insolvency and Bankruptcy Board of India (IBBI) has amended the Pre-Packaged Insolvency Resolution Process (PPIRP) rules to revise the appointment procedures for registered valuers. This revision seeks to improve transparency, maintain consistency, and avoid potential conflicts of interest in the valuation process.
This initiative is a crucial step towards building trust in the valuation framework under the insolvency mechanism. By restricting who can act as valuers, IBBI aims to ensure that the assessment of assets is fair and free from external pressures.
Practitioners should be aware of these changes as they will necessitate adjustments in how valuers are appointed within the PPIRP framework. Firms will need to align their practices with the new regulations to ensure compliance and uphold the integrity of the insolvency process.
Citations
- IBBI Notification (2026) 1446383


