Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapter II BANKRUPTCY TRUSTEE
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Bankruptcy trustee fees determined by committee or as a percentage of estate realisations govern trustee compensation and distributions. Bankruptcy trustees are entitled to compensation either as a fee fixed and paid in the manner decided by the committee, or, where the committee does not decide, as a percentage of amounts realised from the bankrupt's estate and of amounts distributed from those realisations, in accordance with an applicable schedule.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bankruptcy trustee fees determined by committee or as a percentage of estate realisations govern trustee compensation and distributions.
Bankruptcy trustees are entitled to compensation either as a fee fixed and paid in the manner decided by the committee, or, where the committee does not decide, as a percentage of amounts realised from the bankrupt's estate and of amounts distributed from those realisations, in accordance with an applicable schedule.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.