TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Insolvency professionals face 12% interest per annum for delayed fee payments under Regulation 15 of 2016 Rules.</h1> Regulation 15 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 stipulates that if an insolvency professional or entity delays the payment of fees, a simple interest of 12% per annum will be charged on the unpaid amount. This interest is payable to the Board after the fee's due date. This provision operates without prejudice to any other actions the Board may take under the Code or related regulations. This regulation was inserted by a notification dated October 11, 2018.
TaxTMI 
TaxTMI 
