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of <h1>Insolvency Regulations 2016: Fixed and Performance-Linked Fees for Professionals Based on Claims and Timely Resolutions</h1> The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, Schedule-II outlines the minimum fixed fee and performance-linked incentive fee structures for interim and resolution professionals. The minimum fixed fee varies based on the quantum of claims admitted, ranging from Rs. 1 lakh to Rs. 5 lakh per month. This fee applies from the professional's appointment until certain specified events occur. Additionally, performance-linked incentives are provided for timely resolution and value maximization, with specific percentages based on the realisable value and time taken to submit the resolution plan.
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