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of <h1>Applicants Must Submit Form A or AA with Fee for Insolvency Professional Registration via Agency</h1> Individuals or entities seeking registration as insolvency professionals must apply through their respective insolvency professional agency to the Insolvency and Bankruptcy Board of India. Individuals must submit Part II of Form A with a non-refundable fee of twenty thousand rupees, while entities use Form AA with a fee of two lakh rupees. The agency acknowledges receipt within seven days and forwards the application within thirty days, excluding time for additional documentation. The Board may request further documents or require personal appearances for clarification during the application process.
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