https://www.taxtmi.com/acts?id=41956 Regulation 30B allows committee members to propose an audit of the corporate debtor with objectives, scope, cost and timeframe; the committee considers and must approve the proposal. The audit is conducted by a qualified insolvency professional who prepares a findings report to be presented to the committee along with comments of the interim resolution professional or resolution professional. Audit expenses are treated as insolvency resolution process costs. en-us Tue, 19 Sep 2023 16:25:35 +0530 Tue, 19 Sep 2023 16:25:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41956 Regulation 30B allows committee members to propose an audit of the corporate debtor with objectives, scope, cost and timeframe; the committee considers and must approve the proposal. The audit is conducted by a qualified insolvency professional who prepares a findings report to be presented to the committee along with comments of the interim resolution professional or resolution professional. Audit expenses are treated as insolvency resolution process costs. Act-Rules IBC Tue, 19 Sep 2023 16:25:35 +0530 https://www.taxtmi.com/acts?id=41956