Like tanuj1 Marked 6 years 3 months ago onto Bookmarks Re-mark Source: http://valuer.co.in/insolvency-bankruptcy-code-2016-ibc/ Valuation For Ind As 40: Accordingly, Valuation For Ind As 40 Section 247 of the Companies Act requires that where a valuation is to be made of any property, machinery & equipment ,stocks, shares, debentures, securities or goodwill. Comment