Insolvency resolution process costs require committee approval, with going concern assessment and periodic cost estimates guiding operations. Approval of insolvency resolution process costs requires committee oversight at the first meeting and thereafter. The resolution professional must place pre-first-meeting costs and their justification before the committee, prepare a Going Concern Assessment Report on income, expenditure, cash flows, working capital needs and value erosion risks, and seek the committee's decision on continuation, scope and duration of operations. After the first meeting, such costs can be incurred only with prior committee approval, supported by periodic estimates and comparisons with actual costs.