TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Liquidator's Fee in Insolvency Cases: Set by Creditors or Consultation Committee, Based on Realization & Distribution Percentages.</h1> The liquidator's fee under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, is determined by the committee of creditors or, if not fixed, by the consultation committee in its first meeting. If neither applies, the fee is based on the rate entitled to the resolution professional during the corporate insolvency resolution process and a percentage of the amount realized and distributed. The fee percentages vary based on the amount and time of realization or distribution. A liquidator receives half of the fee on realization only after distribution. Previous regulations remain applicable to processes commenced before amendments.
TaxTMI 
TaxTMI 
