IBBI Plant & Machinery study materials
IBBI Plant & Machinery study resources

IBBI Plant & Machinery study guide

IBBI Plant & Machinery · Work through your exam, one topic at a time.

The IBBI Plant & Machinery examination is one of the asset-class Valuation Examinations administered under the Insolvency and Bankruptcy Board of India (IBBI), the regulator established under the Insolvency and Bankruptcy Code, 2016. IBBI publishes the syllabus, format, frequency and other details of the Valuation Examinations, and its site lists the Valuation Examination alongside the Limited Insolvency Examination and the Registered Valuer resources. Candidates typically sit this paper to demonstrate competence in valuing plant and machinery, most often in connection with registered valuer registration and valuation work arising in insolvency and resolution contexts. The examination is delivered in multiple-choice format, and preparation should begin with the officially published syllabus, format and frequency document rather than with third-party summaries, because IBBI revises these documents and older study material can be out of date. Beyond the syllabus, build working knowledge of plant and machinery valuation approaches, depreciation and obsolescence, site and technical inspection, and the valuation standards and conduct guidance IBBI issues for valuations conducted under the Code. Note that IBBI has separately published circulars on valuation standards and on guidelines for conducting valuation under the Code, and a syllabus for the Limited Insolvency Examination effective 1 October 2026; the Valuation Examinations syllabus, format and frequency were published on 20 May 2026. Topics on this exam: Plant and Machinery Valuation. The IBBI Plant & Machinery study guide has 1 section and about 424 words.

01

Plant and Machinery Valuation - IBBI Registered Valuers

The Plant and Machinery domain tests whether a registered valuer can identify the asset boundary, select and apply the cost, market or income approach, and defend depreciation and obsolescence adjustments for a valuation report used in insolvency, financial reporting or secured lending. Plant is the apparatus with which the business is carried on; machinery is a mechanical contrivance. Annexation is not decisive - a machine bolted to a foundation remains plant if the purpose is production, not permanent enhancement of the land. Capitalise the replacement cost new (RCN) on a landed basis: ex-works price plus freight, transit insurance, customs duty, erection, foundation, commissioning and pre-operative trial costs, net of eligible input tax credit.

424 words, about 2 min

More study resources for IBBI Plant & Machinery

  • Practice questionsUnder the Income-tax Act, 1961, what is the general depreciation rate for plant and machinery (not being a ship, energy-saving device, or specified asset) used in a business or profession?
  • FlashcardsReplacement Cost New. The current cost to acquire or construct an asset of equivalent utility and capacity using modern materials and methods, before deducting any depreciation.
  • Cheat sheetCost approach formula: Fair Value = Replacement Cost New (RCN) less physical deterioration, functional obsolescence and economic obsolescence; depreciation is applied to RCN, not to historical book cost.
  • Key termsPlant. The apparatus, machinery, and equipment used in a business process to produce goods or services, distinguished from the building or land that houses it.
  • Study planMap the full IBBI Plant & Machinery syllabus into a personal topic checklist with confidence ratings from 1 to 5.
  • Common mistakesCandidates carry over the going-concern assumption from routine bank or financial-reporting work and never test which premise the appointing authority (liquidator, resolution professional, secured creditor) actually needs.
  • Exam-day guideCarry the original photo ID (Aadhaar, passport, PAN-linked photo ID, or driving licence) whose details match your application.