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of <h1>Insolvency Professional Agencies: Eligibility, Fees, Compliance, and Registration Validity Under 2016 Regulations</h1> The Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016 outlines the criteria for granting or renewing a certificate of registration for insolvency professional agencies. The Board assesses eligibility, infrastructure, professional experience, and compliance with conditions. Registration is granted within 60 days, subject to conditions such as adherence to the Code, payment of an annual fee, and maintaining eligibility. Agencies must pay an annual fee of five lakh rupees, with interest on late payments. The certificate is valid for five years, and agencies must seek Board approval for significant shareholding changes and address grievances adequately.
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