https://www.taxtmi.com/circulars?id=62486 Insolvency professionals must ensure fees and expenses in CIRP are reasonable, necessary to the process, and determined at arm's length; maintain contemporaneous records and supporting documentation for at least three years; obtain CoC approval where required; disclose itemised IRPC in prescribed Forms; and ensure only costs permitted under the Code and regulations are included in insolvency resolution process costs, with Insolvency Professional Agencies required to publish and monitor disclosures and report non-compliance to the Board. en-us Tue, 12 Jun 2018 00:00:00 +0530 Mon, 16 Sep 2019 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62486 Insolvency professionals must ensure fees and expenses in CIRP are reasonable, necessary to the process, and determined at arm's length; maintain contemporaneous records and supporting documentation for at least three years; obtain CoC approval where required; disclose itemised IRPC in prescribed Forms; and ensure only costs permitted under the Code and regulations are included in insolvency resolution process costs, with Insolvency Professional Agencies required to publish and monitor disclosures and report non-compliance to the Board. Circulars IBC Tue, 12 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62486