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of <h1>Liquidator's Fee Determined by Committee for Resolution Plan or Liquidation Decision Under Regulation 39D, Insolvency Regulations 2016.</h1> Regulation 39D of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, addresses the fee of the liquidator. When a resolution plan is approved under section 30 or a decision is made to liquidate a corporate debtor under section 33, the committee, in consultation with the resolution professional, may determine the liquidator's fee. This fee covers periods used for compromise or arrangement under section 230 of the Companies Act, 2013, periods for sales under specific clauses of the Liquidation Process Regulations, and the remaining liquidation period.
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