https://www.taxtmi.com/circulars?id=60476 SEBI prescribes the appointment and empanelment of IBBI-registered Insolvency Professionals as Administrator under the Administrator Regulations, requiring selected IPs to remain on assignment and prohibiting withdrawal or surrender of registration during tenure. The Circular prescribes a detailed remuneration and fee framework derived with modifications from the Liquidation Process Regulations, includes additional fees for appointed professionals and incidental expenses as part of administration costs, permits Board discretion for higher fees, and mandates procurement rules for supporting professionals including open tender and publication requirements with a limited exception for cost-effectiveness. en-us Tue, 02 Apr 2019 00:00:00 +0530 Thu, 04 Apr 2019 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60476 SEBI prescribes the appointment and empanelment of IBBI-registered Insolvency Professionals as Administrator under the Administrator Regulations, requiring selected IPs to remain on assignment and prohibiting withdrawal or surrender of registration during tenure. The Circular prescribes a detailed remuneration and fee framework derived with modifications from the Liquidation Process Regulations, includes additional fees for appointed professionals and incidental expenses as part of administration costs, permits Board discretion for higher fees, and mandates procurement rules for supporting professionals including open tender and publication requirements with a limited exception for cost-effectiveness. Circulars SEBI Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60476