New Delhi, June 17 -- Distressed companies undergoing insolvency proceedings could receive higher valuations under a new mechanism proposed by the Insolvency and Bankruptcy Board of India (IBBI), which seeks to broaden the basis for assessing enterprise value.

IBBI Proposes Holistic Approach To Corporate Valuation

Under a circular issued by the regulator, valuers will be required to consider synergistic value and intangible assets while determining the worth of companies undergoing resolution under the Insolvency and Bankruptcy Code (IBC).

The move marks a shift from a predominantly asset-based approach towards a more comprehensive assessment of a company's value, reported Financial Express.

Coordinating Valuer To Integrate Assessment...