valid as on 07/12/2021

2.18.6. Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021

For the purposes of sub-clause (e) of clause (23C) of section 5, pre-packaged insolvency resolution process costs shall mean-

(a) fee payable to authorised representative under sub-regulation (5) of regulation 34;

(b) out of pocket expenses of authorised representative for discharge of his functions under section 25A; and

(c) any other cost directly relating to the process and approved by the committee.

Inserted vide Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021 dated 09.04.2021. To view the notification, Click Here.

Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021 dated 09.04.2021


CAIRR PLUS on Google Playsecretarial automation?Subscribe for Updates