National Conference on
Indian Valuation System
The way Forward

07 December, 2018 , Sunville Banquet, Worli , Mumbai

About Event  | Brochure | Registration Form

Chief Guest(invited)
 
Dr M S Sahoo
Chairman, Insolvency and Bankruptcy Board of India
 
Indian Valuation field plays an important role, among other areas, in insolvency resolution where liquidation value has to be ascertained by resolution professional through the registered valuers. Valuation field is gaining importance and is considered one of the most critical areas in finance and plays a key role in process of buy/sell, solvency, merger and acquisition. The proposed valuation standards are expected to standardise the various principles, practices and procedures followed by registered valuers/valuation professionals in valuation of assets and liabilities. It is important to establish the objectives of the valuation prior to carrying out any valuation. The approach adopted in the valuation may differ depending on the objectives, circumstances and parties for whom the valuation is carried out. For example, in the context of the joint venture companies in India, the foreign promoter may have risk perceptions which are different than the risk perceptions of the Indian promoters. These may result in a requirement to use different risk discount rates. Similarly, a valuation carried out for internal management purposes may need to adopt a different approach than the valuation carried out for an M&A purpose.
 
Also, The introduction of the concept of fair value for bankrupt companies undergoing resolution and an evaluation matrix for applicants under the Insolvency and Bankruptcy Code, bringing in more clarity and transparency in the insolvency resolution process. The amended rules for the insolvency resolution process for corporate persons have made it mandatory for resolution professionals to ascertain “fair value” of the corporate debtor besides the liquidation value. The new rules also require the resolution plan to provide for measures for insolvency resolution of the corporate debtor for maximisation of value of its assets.
 
Keeping the importance of the current scenario in the Indian Valuation system, ASSOCHAM is planning to organise a conference on 7th December 2018 in Mumbai. The deliberations at the Conference will serve as a game-changer and help authorities in addressing the apprehensions and issues raised by different stakeholders.
 
Your participation would add immense value to the content of the conference. 
We look forward for your kind confirmation.
 
Vivek Tiwari
Senior Executive
The Associated Chambers of Commerce & Industry of Indianoname (1) 
ASSOCHAM Corporate Office 
5, Sardar Patel Marg,Chanakyapuri, New Delhi - 110 021, India 
Tel: +91 11-46550555 Ext.(621) / Fax: +91 11 46536481/82
Mob : 8130849452, Email: vivek.tiwari@assocham.com