https://www.taxtmi.com/article/detailed?id=11768 Regulation 34B and Schedule II permit performance-linked incentive fees for resolution professionals but vest an enabling discretion in the Committee of Creditors to approve such fees; the Committee's commercial decision to include or reject incentive payments, given their effect on insolvency resolution cost and stakeholder recoveries, is entitled to deference under the limited judicial-review standard and does not create an automatic entitlement for the professional absent CoC approval. en-us Wed, 23 Aug 2023 12:11:27 +0530 Wed, 23 Aug 2023 12:11:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11768 Regulation 34B and Schedule II permit performance-linked incentive fees for resolution professionals but vest an enabling discretion in the Committee of Creditors to approve such fees; the Committee's commercial decision to include or reject incentive payments, given their effect on insolvency resolution cost and stakeholder recoveries, is entitled to deference under the limited judicial-review standard and does not create an automatic entitlement for the professional absent CoC approval. Articles Corporate Laws / IBC / SEBI Wed, 23 Aug 2023 12:11:27 +0530 https://www.taxtmi.com/article/detailed?id=11768