IBBI DC Order Dated 02/06/2025 – IBBI Cancels Valuer Registration for suppressing pending criminal charges

IBBI has cancelled the registration of Mr. Shreegopal Govindram Mundhra as a valuer for the asset class of Land and Building, following a complaint that he had suppressed information regarding a chargesheet filed against him in the CBI Special Court in 2013. The charges included serious offenses under the Indian Penal Code and the Prevention of Corruption Act, which were pending at the time of his application for valuer registration. The IBBI determined that Mr. Mundhra intentionally concealed material information, violating rules pertaining to eligibility, conditions of registration, and the code of conduct for registered valuers. 

(IBBI Order Dated 02/06/2025)

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