Panel Discussion: IBC and Corporate Assets Valuation
Valuation plays a critical role in the resolution process to achieve the objectives of all the stakeholders involved in this process. The precise valuation of the corporate debtor is very important for the key decision makers to decide the future of the corporate debtor which has a far reaching impact, and this crucial responsibility is vested upon registered valuers.
Valuation of assets is a key factor for informed decision-making under the Insolvency and Bankruptcy Code (IBC). Therefore, the roles of valuers and lawyers is the key to a successful mechanism under IBC. Wrong valuation can prove detrimental to the overall insolvency and liquidation process, and it is important for valuation professionals to be diligent in preparing valuation reports.
In this Panel Discussion, our panelists comprising valuation and legal professionals discuss the development of IBC, role of valuers under IBC, key legal developments, hits and misses of IBC since 2016 and its impact on the Indian economy. Join us in this interesting discussion.
- 1. IBC and Corporate Valuation
- 1. Introduction
- 2. Enactment of the IBC
- 3. Impact of the IBC
- 4. Status of Homebuyers under IBC
- 5. Asset Valuation Challenges under IBC
- 6. Issues with the IBC
Instructors
Gandharv Jain
Gandharv is the Co-Founder of Finvox Analytics, a research and analytics firm. At Finvox he provides solutions for projects undertaken by global investment banking firms, valuation advisory firms, private equity funds and accounting firms. As a consultant, works on mergers and acquisitions, valuations, due diligence and business advisory matters.
He specialises in conducting business valuations, raising funds for clients, and structuring corporate transactions. He advises on corporate issues, due diligence, entry and exit strategies to foreign investors, and on Corporate Law, Securities Exchange regulations.
He is proficient in financial modelling and corporate finance. His valuation engagements include intangible assets valuation, purchase price allocation, option valuation, determining swap ratio for mergers, valuations under transfer pricing, shareholder disputes, gift and estate tax reporting and review of business models. He is also active in the real estate financing space.
Amrish Garg
Amrish Garg is a valuation professional and co-founder of Finvox Analytics, a research and analytics firm. He has over 14 years of experience in business valuations, fundraising, and mergers and acquisitions. He has performed a diversity of valuation and consulting engagements. He has experience in valuing companies, across geographies such as India, USA, Singapore etc., and across industries such as logistics and supply chain, healthcare, manufacturing, retail, e-commerce, consumer goods, hospitality etc.
His technical skills include valuation of complex instruments and different classes of units/ shares by applying option pricing models such as BlackScholes model, Binomial model etc. Amrish Garg is a Chartered Financial Analyst with CFA Institute, USA. He is also a Chartered Accountant with the Institute of Chartered Accountants of India.
Charu Mathur
Charu Mathur has a rich and diverse expertise in corporate, commercial, civil, criminal and constitutional law matters. She is an Advocate on Record, Supreme Court of India. She has represented parties which include cricketing bodies and educational institutions like IIT Jodhpur, NLU Jodhpur, BPUT Orissa, MPUAT Rajasthan, private engineering and medicine colleges of Gujarat and Orissa.