https://www.taxtmi.com/acts?id=31617 The applicant shall fix expenses to be incurred by the interim resolution professional; if not fixed, the adjudicating authority shall fix them. The applicant bears these expenses, which are reimbursable by the committee of creditors to the extent it ratifies them. Amounts ratified by the committee are treated as insolvency resolution process costs. "Expenses" include the interim resolution professional's fee, any insolvency professional entity fee, fees of engaged professionals, and other expenses incurred by the interim resolution professional. en-us Thu, 04 Jan 2018 13:15:37 +0530 Sat, 31 Mar 2018 10:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31617 The applicant shall fix expenses to be incurred by the interim resolution professional; if not fixed, the adjudicating authority shall fix them. The applicant bears these expenses, which are reimbursable by the committee of creditors to the extent it ratifies them. Amounts ratified by the committee are treated as insolvency resolution process costs. "Expenses" include the interim resolution professional's fee, any insolvency professional entity fee, fees of engaged professionals, and other expenses incurred by the interim resolution professional. Act-Rules IBC Thu, 04 Jan 2018 13:15:37 +0530 https://www.taxtmi.com/acts?id=31617