The IBBI has inserted an explanation in Regulation 3 requiring registered valuers to prepare reports and maintain documentation as per a format notified by the Board. The amendment takes effect from publication in the Official Gazette.
The amendment replaces earlier valuation rule references with standards notified by the regulator through circulars. It centralizes control over valuation in liquidation proceedings.
The 2026 amendment revises the definition of fair value to include tangible, intangible assets and underlying synergies, and mandates a structured multi-valuer mechanism. It also prescribes clearer timelines and introduces safeguards where valuation estimates differ significantly.
ICAI has established a new branch in Korba under Regulation 159 to expand its regional presence. The move enhances administrative reach and professional engagement in nearby areas.
ICAI has modified its earlier notification to remove Jhalawar from the Kota Branch jurisdiction. The change, effective February 2026, reflects administrative restructuring under the Chartered Accountants Regulations.
IFSCA released draft regulations mandating authorisation, net worth, risk management, and governance standards for Electronic Trading Platforms in IFSCs. Cryptocurrencies are expressly barred from trading under the proposed framework.
The Government has retained wheat exports as “Prohibited” but allowed shipment of 25 Lakh Metric Tonnes under specified conditions. Detailed modalities will be notified separately, maintaining regulatory control.
The government has permitted export of an additional 5 LMT of wheat flour under HS Code 1101, even though exports remain classified as Prohibited. Detailed procedures will be notified separately by DGFT.
The draft regulations introduce a structured framework for engagement of IFSC Financial Advisers by Financial Institutions. The move aims to enhance advisory-stage oversight and align IFSC with global regulatory standards.
The government has limited RoDTEP benefits to 50% of existing rates and value caps with immediate effect. The notification amends Appendix 4R and 4RE under the Foreign Trade Policy 2023.
