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of <h1>Trustee Fees for Bankruptcy Set by Committee; Defaults to Percentage of Estate Realized if Unspecified (Schedule I)</h1> The fees for a bankruptcy trustee under the Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019, are determined by the committee. If not specified by the committee, the trustee is entitled to a fee based on a percentage of the amount realized from the bankrupt's estate and distributed, as outlined in Schedule I.
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