https://www.taxtmi.com/acts?id=31611 Appointment of registered valuers and assisting professionals during the corporate insolvency resolution process must be made within the prescribed time frame and on an objective, transparent basis. The resolution professional appoints registered valuers to determine fair value and liquidation value, with a special rule for a micro, small or medium enterprise where one set may be appointed unless the committee records reasons for requiring two sets. Other professionals may be appointed only when necessary and unavailable with the corporate debtor, subject to arm's-length selection and disqualification of specified conflicted persons. Fees and expenses are raised in the professional's own name and paid directly into that professional's bank account. en-us Thu, 04 Jan 2018 13:12:17 +0530 Thu, 21 May 2026 11:27:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31611 Appointment of registered valuers and assisting professionals during the corporate insolvency resolution process must be made within the prescribed time frame and on an objective, transparent basis. The resolution professional appoints registered valuers to determine fair value and liquidation value, with a special rule for a micro, small or medium enterprise where one set may be appointed unless the committee records reasons for requiring two sets. Other professionals may be appointed only when necessary and unavailable with the corporate debtor, subject to arm's-length selection and disqualification of specified conflicted persons. Fees and expenses are raised in the professional's own name and paid directly into that professional's bank account. Act-Rules IBC Thu, 04 Jan 2018 13:12:17 +0530 https://www.taxtmi.com/acts?id=31611