The appointment of an unregistered valuer is illegal and remuneration of such a valuer cannot be part of IRPC.

The Disciplinary Committee of the IBBI in the matter of Mr. Avishek Gupta, Insolvency Professional under Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 read with Section 220 of the Insolvency and Bankruptcy Code, 2016 vide its order no. No. IBBI/DC/28/2020 dated 04.09.2020 inter-alia made a mention that the appointment of an unregistered valuer is illegal and remuneration of such a valuer cannot be part of IRPC.