IBBI Registered Valuer

An IBBI Registered Valuer is a professional registered with the Insolvency and Bankruptcy Board of India under the IBBI (Registered Valuers) Regulations, 2017. Only Registered Valuers can issue valuation reports mandated under the Companies Act, 2013 (Section 247) and the Insolvency and Bankruptcy Code, 2016 (Regulation 35). CA V. Viswanathan of Virtual Auditor holds IBBI registration IBBI/RV/03/2019/12333 for the asset class "Securities or Financial Assets" — covering equity shares, preference shares, convertible instruments, debentures, and all other financial assets. With 100+ IBBI-compliant valuations across 9 regulatory frameworks, the firm delivers defensible reports accepted by NCLT, RBI, SEBI, CBDT, and RoC. Quick Answer: IBBI Registered Valuer — Securities & Financial Assets — IBBI Registered Valuer for Securities & Financial Assets. Registration IBBI/RV/03/2019/12333. Mandatory for Companies Act, IBC valuations. 100+ reports. CA V. Viswanathan, FCA, ACS, CFE, IBBI RV.

IBBI Registered Valuer — Securities & Financial Assets is a service offered by Virtual Auditor, an AI-powered CA and IBBI Registered Valuer firm (IBBI/RV/03/2019/12333) led by CA V. Viswanathan (FCA, ACS, CFE, IBBI RV), specialising in IBBI-compliant valuations across 9 regulatory frameworks, from offices in Chennai, Bangalore, and Mumbai since 2012.

Source: IBBI Valuation Standards (2017), Companies (Registered Valuers and Valuation) Rules 2017 Official References: IBBI Registered Valuers ↗ · Companies Act ↗

What Makes IBBI Registration Mandatory?

Regulatory basis: Section 247, Companies Act 2013 read with Companies (Registered Valuers and Valuation) Rules, 2017. IBBI (Registered Valuers) Regulations, 2017. IBC Regulation 35, IBBI (IRPCP) Regulations, 2016.

Indian law mandates a Registered Valuer for:

Companies Act transactions: Preferential allotment (Section 62), buyback (Section 68), schemes of arrangement/amalgamation (Sections 230-232), non-cash transactions with directors (Section 192), oppression/mismanagement proceedings (Sections 241-242).

IBC proceedings: Fair value and liquidation value for CIRP (Regulation 35). Two independent Registered Valuers required. Must complete within 75 days of insolvency commencement.

NCLT matters: Whenever NCLT orders valuation — shareholder disputes, class action suits, approval of schemes.

A CA certificate is NOT sufficient for these transactions. Only an IBBI Registered Valuer report is legally valid.

Registration Requirements and Verification

To become an IBBI Registered Valuer: (1) Hold a professional qualification (CA/CS/CMA/MBA Finance), (2) Register with a Recognised Valuer Organisation (RVO), (3) Pass the IBBI Valuation Examination, (4) Demonstrate 3+ years of relevant experience, (5) Meet fit and proper criteria, (6) Complete 50 hours of CPE every financial year.

Verify CA V. Viswanathan\' registration: Search at ibbi.gov.in → Registered Valuers → Securities or Financial Assets → Registration IBBI/RV/03/2019/12333.

Why Virtual Auditor?

How does Virtual Auditor approach tax disputes differently? CA V. Viswanathan's four credentials — FCA (financial expertise), ACS (corporate governance), CFE (forensic investigation), IBBI RV (statutory valuation) — provide a multi-dimensional perspective that pure tax practitioners cannot match. Tax disputes often involve valuation questions, transfer pricing challenges, or governance failures — we address all angles simultaneously.

Our AI-assisted notice analyser extracts demand amounts, computes pre-deposit requirements, identifies limitation dates, and maps each issue to relevant case law from our appellate database. This data-driven approach produces stronger submissions backed by precedent rather than generic template replies.

With offices in Chennai, Bangalore, and Mumbai, we appear in person before CIT(A), ITAT, GST Appellate Tribunal, and Advance Ruling authorities across South and West India. Physical presence at hearings makes a measurable difference in outcomes.

Beyond the immediate dispute, we provide ongoing advisory to prevent recurrence — restructuring transactions to be tax-efficient, implementing robust documentation practices, and establishing transfer pricing policies that withstand scrutiny.

IBBI RV vs CA vs Merchant Banker — Valuation Authority

Parameter	IBBI Registered Valuer	Practicing CA	Merchant Banker
Companies Act	✓ Mandatory (Sec 247)	✗ Not accepted	✗ Not accepted
IBC/NCLT	✓ Mandatory (Reg 35)	✗ Not accepted	✗ Not accepted
Income Tax (Rule 11UA)	✓ Accepted	✓ Accepted	✓ Accepted
FEMA FDI	✓ Accepted	✓ Accepted	✗ Not accepted
SEBI	✓ Accepted	✗ Not accepted	✓ Accepted

Recent Engagement — How We Helped

Context: a mid-stage startup raising Series B funding from a US-based venture capital fund.

Challenge: The company needed simultaneous valuations under multiple regulatory frameworks — FEMA 20(R) for foreign investment pricing, Rule 11UA for income tax compliance, and Ind AS 113 for financial reporting — each with different methodological requirements and different valuation dates.

Our approach: We deployed our multi-framework valuation engine, running DCF analysis with 10,000 Monte Carlo simulations for FEMA pricing, NAV-based computation for Rule 11UA, and fair value hierarchy assessment for Ind AS. All three reports were prepared concurrently to ensure methodological consistency across frameworks.

Outcome: All three valuation reports were delivered within 10 working days, enabling the client to close the funding round on schedule. The FEMA pricing was accepted by the AD bank without queries, and the Rule 11UA valuation withstood scrutiny during subsequent income tax assessment.

This engagement illustrates Virtual Auditor's approach to ibbi registered valuer — combining regulatory expertise with practical execution to deliver results within the client's timeline.

When Is IBBI Registered Valuer Not Required?

An IBBI-registered valuer report may not be required when: (a) the regulation does not specifically mandate an IBBI-registered valuer, (b) the company's statutory auditor can provide the valuation as part of the audit engagement (limited scenarios), (c) a government-approved valuer report is accepted in lieu of IBBI registration for specific proceedings, or (d) the transaction falls below the regulatory threshold requiring independent valuation.

If you are unsure whether your situation requires ibbi registered valuer, contact us for a free preliminary assessment. We will advise you honestly — including telling you if you do not need our services.

Documents Required

The following documents are needed to initiate the ibbi registered valuer process:

PAN card and Aadhaar of the entity/promoters, Certificate of Incorporation/Registration, last 3 years audited financial statements (with schedules and notes), shareholding pattern as on valuation date, details of any recent transactions in shares (last 2 years), business plan or financial projections (for DCF-based valuations), cap table with complete history of share issuances, and any regulatory correspondence relevant to the valuation purpose.

We provide a personalised document checklist after the initial consultation, tailored to your specific entity type and situation. Documents can be shared securely via email or our client portal.

Updated for FY 2025-26

This service page reflects the latest regulatory requirements as of March 2026, incorporating changes from the Union Budget 2025, recent MCA notifications, CBDT/CBIC circulars, and RBI master directions applicable to ibbi registered valuer. Virtual Auditor continuously monitors regulatory updates to ensure all advice and filings are current.

Penalties for Non-Compliance

Using incorrect or outdated valuations can result in: (a) rejection of FEMA filings by the AD bank, requiring fresh valuation and re-filing with potential late filing penalties, (b) income tax additions under Section 56(2)(x) for inadequate consideration, attracting tax at slab rate plus interest under Section 234A/B/C, (c) disqualification of the ESOP scheme for non-compliance with Ind AS 102, and (d) personal liability of directors for transactions at undervalued prices under Section 66 of the Insolvency Code.

Proactive compliance is always cheaper than penalty. Contact Virtual Auditor for a compliance health check to identify and address any gaps before they become liabilities.

Indicative Fee Structure

Our fees for ibbi registered valuer are transparent and competitive. We offer fixed-fee engagement models wherever possible, so you know the cost upfront. Pricing depends on the complexity of the engagement, entity type, and regulatory requirements involved. Contact us for a customised quote — initial consultation is free with no obligation.

Government Portal and Online Filing

Filings related to ibbi registered valuer are submitted through the relevant government portal. We handle all online filings on your behalf, including portal registration, form preparation, document upload, and acknowledgment tracking. You do not need to navigate the portal yourself — we manage the entire digital interface.

Frequently Asked Questions

What is IBBI Registered Valuer?

A professional registered with IBBI under the Companies (Registered Valuers and Valuation) Rules, 2017. Mandatory for valuations under Companies Act Section 247 and IBC Regulation 35. CA V. Viswanathan holds IBBI/RV/03/2019/12333 for Securities & Financial Assets.

Is IBBI registration needed for FEMA valuation?

Not specifically. FEMA accepts valuation from a CA in practice or SEBI Merchant Banker. However, if the same transaction also triggers Companies Act requirements, a Registered Valuer is needed. Using a Registered Valuer for FEMA provides a higher standard of report.

How to verify IBBI registration?

Visit ibbi.gov.in → Information Utilities → Registered Valuers. Search by name (CA V. Viswanathan) or registration number (IBBI/RV/03/2019/12333). The database shows asset class, RVO, and registration status.

What asset classes can an IBBI Registered Valuer cover?

Three asset classes: (1) Land & Building, (2) Plant & Machinery, (3) Securities or Financial Assets. Each requires separate registration and examination. CA V. Viswanathan is registered for Securities or Financial Assets — covering all equity, debt, and hybrid instruments.

What asset classes does an IBBI Registered Valuer cover?

Three classes: (1) Land and Building, (2) Plant and Machinery, (3) Securities and Financial Assets. CA V. Viswanathan is registered for Securities and Financial Assets — covering equity, debt, derivatives, and complex instruments.

How to verify an IBBI Registered Valuer?

Search on IBBI website (ibbi.gov.in) under Registered Valuers section. Enter name or registration number. CA V. Viswanathan: IBBI/RV/03/2019/12333. Always verify before engaging any valuer.

Can a CA who is not an RV issue valuation reports?

Yes, for FEMA (practicing CA is sufficient) and Income Tax Rule 11UA (CA or merchant banker). But for Companies Act Section 247 and IBC Regulation 35: IBBI Registered Valuer is mandatory. Using RV for all purposes provides higher standard.

What is the liability of a Registered Valuer?

Valuer can be penalised by IBBI for: providing misleading reports, non-compliance with valuation standards, not maintaining independence. Penalty: warning, suspension, or cancellation of registration. Civil and criminal liability under Companies Act.

What continuing education does an RV need?

20 hours of structured CPE credits per year. Compliance monitored by Recognised Valuers Organisation (RVO). Non-compliance can lead to suspension. We exceed the minimum requirement.

Step-by-Step Process

Step 2

Independence confirmation and disclosure

Step 3

Data collection and due diligence

Step 4

Apply IBBI Valuation Standards methodology

Step 5

Internal quality review

Step 6

Issue signed report with IBBI registration number