IBC CIRP P&M Valuation — The IBBI P&M Registered Valuer Framework
The Insolvency and Bankruptcy Code’s CIRP process requires two IBBI Registered Valuers to independently determine Fair Value and Liquidation Value for the corporate debtor’s P&M assets.
A2Z Valuers holds the IBBI Registered Valuer credential in the P&M asset class, enabling it to produce the IBBI-compliant P&M valuation for manufacturing companies, construction companies, logistics companies, and any other corporate debtor with significant movable business assets.
The IBBI IVS 105 Standard for P&M
The IBBI Valuation Standards require P&M valuations to comply with IVS 105 (Plant and Equipment) of the International Valuation Standards (IVS).
The standard establishes the framework for how the scope of work, inspection, valuation basis, depreciation and reporting are addressed in a professional P&M valuation.
Get Expert AdviceDefined valuation scope appropriate to the corporate debtor’s P&M assets.
Physical inspection of the P&M assets is mandatory under the stated framework.
Fair Value for going concern and Liquidation Value for forced sale circumstances.
Physical, functional and economic depreciation are separately identified and quantified.
The valuation report follows the applicable IBBI Valuation Standards.
The Manufacturing Company CIRP — P&M Schedule
For a manufacturing company in CIRP, the P&M valuation typically includes a comprehensive item-by-item equipment schedule. Each major piece of equipment is individually identified by make, model, serial number, year, condition and RUL.
The P&M schedule is delivered as part of the IBBI Valuation Report for incorporation into the Resolution Professional’s Information Memorandum.
Need an IBBI P&M Valuation for a CIRP Assignment?
Discuss your corporate debtor’s P&M schedule, Fair Value and Liquidation Value requirements with the valuation practice.