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of <h1>Companies can apply to become insolvency professional agencies with Form A and fees; renewal requires timely application.</h1> A company eligible to register as an insolvency professional agency can apply to the Insolvency and Bankruptcy Board of India using Form A, accompanied by a non-refundable fee of ten lakh rupees. For renewal, the agency must apply six months before registration expiry with a five lakh rupee fee. The Board acknowledges receipt within seven days, examines the application, and allows applicants to address deficiencies. It may request additional documents or personal appearances for clarification within a reasonable timeframe.
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