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TMI BlogValuation required under the provisions of the Companies Act, 2013 and the Insolvency and Bankruptcy Code, 2016X X X X Extracts X X X X X X X X Extracts X X X X ..... ions All Registered Insolvency Professionals, and All Registered Insolvency Professional Agencies. (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, Subject: Valuation required under the provisions of the Companies Act, 2013 and the Insolvency and Bankruptcy Code, 2016. Rule 10 of the Companies (Registered Valuers and Valuation) Rules, 2017 (Rules) read w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : [email protected] Encl.: Annexures I and II ANNEXURE-I Valuation required under the Companies Act, 2013 Sl. No. Section / Rules Particulars 1 Section 62(1)(c) of the Companies Act, 2013 read with Rule 13(1) of the Companies (Share Capital and Debentures) Rules, 2014 Further issue of share capital 2 Section 177(4)(vi) of the Companies Act, 2013 Terms of reference of Audit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les, 2014 Creation of security 11 Rule 8(6), (7), (9) and (12) of the Companies (Share Capital and Debentures) Rules, 2014 Issue of sweat equity shares 12 Rule 16(1)(c) of the Companies (Share Capital and Debentures) Rules, 2014 Provision of money by company for purchase of its own shares by employees or by trustees, for the benefit of employees 13 Rule 12(5) of the Companies (Prosp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Liquidation Process) Regulations, 2017
Initiation of liquidation
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Regulation 26 of the IBBI(Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
Appointment of registered valuer
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Regulation 34 of the IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017
Fair value and liquidation value X X X X Extracts X X X X X X X X Extracts X X X X
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