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of <h1>Regulation 34 mandates committee to decide resolution professional's fees, including all professional and entity expenses in insolvency process.</h1> Regulation 34 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, mandates that the committee determines the expenses for the resolution professional, which are part of the insolvency resolution process costs. These expenses include fees for the resolution professional, fees for any insolvency professional entity, fees for other professionals, and any additional expenses incurred by the resolution professional. The regulation was amended in 2018 to clarify the inclusion of fees for various professionals and entities involved in the insolvency process.
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