Fee payable to insolvency professionals must follow prescribed minimums, with discretionary incentives and process-cost treatment. Fee payable to the interim resolution professional or resolution professional is fixed by the applicant or committee in accordance with the regulation. For appointments on or after 1 October 2022, the fee must meet the minimum prescribed in Schedule-I, though a higher amount may be fixed for recorded reasons having regard to business size, sector, economic activity, and process complexity. After the Schedule-I period, the fee is decided by the applicant or committee. The committee may also approve a performance-linked incentive fee, and the amount forms part of the insolvency resolution process cost.