IBBI Registered Valuer in Delhi

In family-owned Delhi companies a valuation often has to stand up in a room where the parties disagree: one branch of the family is leaving, the other is staying, and both have advisers. The report therefore spends as much effort explaining each assumption as on the arithmetic, so that it can be relied on when the price is negotiated.

Key facts for Delhi companies

When is a registered valuer's report required?

Under section 247 of the Companies Act, 2013 a registered valuer signs every valuation the Act calls for: preferential allotments and private placements (sections 42 and 62(1)(c)), sweat equity (section 54), non-cash transactions with directors (section 192), mergers and arrangements (sections 230–232) and minority buy-outs (section 236). Under the Insolvency and Bankruptcy Code two registered valuers per asset class determine fair value and liquidation value. FEMA pricing for non-residents is certified by a chartered accountant, merchant banker or cost accountant, and share swaps need a merchant banker. See who signs which valuation.

How is a buy-back price fixed for a Delhi company?

Section 68 of the Companies Act, 2013 caps a buy-back at 25% of paid-up capital and free reserves, needs a special resolution above 10%, and requires debt after the buy-back to stay within twice the capital and free reserves. The Act does not say how an unlisted company sets the price, which is why a fair value matters: shareholders who stay need to see that the company is not overpaying those who leave.

Illustration (assumed figures)

Fair value ₹480 per share; the company buys back 1,00,000 shares and pays out ₹4.8 crore. For buy-backs from 1 April 2026 the Finance Act, 2026 taxes shareholders on their gain over cost as capital gains (section 69 of the Income-tax Act, 2025), with additional tax for promoters — in an unlisted company, anyone holding more than 10% — so each shareholder's tax position, not only the company's cash, shapes how the offer is received.

How are Delhi trading and distribution companies valued?

Trading companies carry most of their value in working capital and relationships rather than plant. The valuation normalises earnings for related-party purchases and remuneration paid to family members, tests receivables and stock for recoverability, and checks whether the business rests on a single brand licence or distribution agreement that could be withdrawn.

Valuations for Delhi companies

Consumer and services companies

Delhi valuations often involve consumer brands, education and services businesses, valued on earnings and comparable transactions. Promoter-group transfers also need income-tax fair market value under Rule 57 of the Income-tax Rules, 2026.

Head offices of foreign groups

Indian holding and operating companies of foreign groups headquartered in Delhi need fair values for capital infusions, buy-backs and intra-group transfers under FEMA and the Companies Act.

Minority stakes in family companies

A minority holding in a closely held Delhi company is worth less per share than a controlling one when it carries no say over dividends or management. Where the purpose of the valuation allows, the report considers discounts for lack of control and marketability and explains the basis; where the law fixes the method, as Rule 57 does for income tax, no such discount is applied.

About V Viswanathan & Associates

Frequently Asked Questions

Do I need a registered valuer for a funding round in Delhi?

Usually yes. A private company issuing shares to new investors does so by preferential allotment or private placement, and section 62(1)(c) of the Companies Act, 2013 with Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014 requires the price to rest on a registered valuer's report. A rights issue to existing shareholders in proportion to their holdings does not need one.

Is a CA valuation certificate the same as a registered valuer's report?

No. A chartered accountant's certificate is accepted for FEMA pricing under Rule 21 of the FEMA (Non-debt Instruments) Rules, 2019, but Companies Act valuations must be signed by a registered valuer (section 247). CA V. Viswanathan is both, so one engagement can cover a round that needs both reports.

Can a registered valuer in Chennai value a company in Delhi?

Yes. IBBI registration under the Companies (Registered Valuers and Valuation) Rules, 2017 is valid across India and is not tied to the state where the company is registered.

Which NCLT bench hears matters for Delhi companies?

The New Delhi Benches of the National Company Law Tribunal.

Where does a Delhi company file its share-issue forms?

With the Registrar of Companies, NCT of Delhi-I or Delhi-II, depending on the district, online on the MCA portal: Form MGT-14 for the special resolution and Form PAS-3 for the allotment.

Can a valuation report help settle a dispute between Delhi shareholders?

It can inform a settlement, and parties often agree in advance to accept a registered valuer's figure. If the dispute is before the NCLT as an oppression and mismanagement petition, the tribunal may direct its own valuation, and a party's report becomes evidence in that process.

Do you have an office in Delhi?

No. We serve Delhi clients from our office at Spencer Plaza, Anna Salai, Chennai, through video consultations, secure document sharing and digitally signed filings and reports.

Related Services for Delhi Businesses

Law stated as at 27 Oct 2026. Official sources: Companies Act, 2013 (MCA), FEMA and RBI directions (RBI), Registered valuers (IBBI). Reviewed by CA V. Viswanathan, FCA, ACS, CFE, IBBI Registered Valuer (IBBI/RV/03/2019/12333).