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        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.

        <h1>Resolution professional fees set with minimum fixed amounts and performance-linked incentives for timely and value-maximising resolutions.</h1> Regulation 34B prescribes that fees of interim resolution professionals and resolution professionals are to be decided by the applicant or committee but shall not be less than statutory minimums for appointments on or after 1 October 2022; minimum fixed fees are set by admitted-claims bands and apply until plan submission, liquidation application, withdrawal, or closure. Performance-linked incentives include time-based percentages of the realisable value for timely submission and a one percent incentive on value realised above liquidation value. Fees may be paid from debtor funds, applicant or committee contributions, or interim finance and form part of the insolvency resolution process cost.

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