Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter II BANKRUPTCY TRUSTEE
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Bankruptcy trustee fees determined by committee or as a percentage of estate realisations govern trustee compensation and distributions. Bankruptcy trustees are entitled to compensation either as a fee fixed and paid in the manner decided by the committee, or, where the committee does not ... Summary
Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Bankruptcy trustee fees determined by committee or as a percentage of estate realisations govern trustee compensation and distributions.
Bankruptcy trustees are entitled to compensation either as a fee fixed and paid in the manner decided by the committee, or, where the committee does not decide, as a percentage of amounts realised from the bankrupt's estate and of amounts distributed from those realisations, in accordance with an applicable schedule.
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