Appointment of registered valuers and professionals in insolvency must follow transparent, conflict-free selection and direct fee payment rules. Appointment of registered valuers and assisting professionals during the corporate insolvency resolution process must be made within the prescribed time frame and on an objective, transparent basis. The resolution professional appoints registered valuers to determine fair value and liquidation value, with a special rule for a micro, small or medium enterprise where one set may be appointed unless the committee records reasons for requiring two sets. Other professionals may be appointed only when necessary and unavailable with the corporate debtor, subject to arm's-length selection and disqualification of specified conflicted persons. Fees and expenses are raised in the professional's own name and paid directly into that professional's bank account.