https://www.taxtmi.com/caselaws?id=797355 Regulation 31A validly imposes a regulatory fee as an insolvency resolution process cost for resolution plans approved under Section 31 on or after 1 October 2022. The Board's express power to levy fees for carrying out the Code's purposes, together with its regulation-making power over process costs, supports inclusion of the fee within the residuary category of insolvency resolution process costs. The levy remains a regulatory fee, rather than a tax, where it has a broad nexus with regulatory functions; direct payer-specific quid pro quo is unnecessary. The fee is not excessive, arbitrary, retrospective, colourable, or based on excessive delegation where statutory guidance and legislative oversight apply. en-us Wed, 19 Aug 2026 00:00:00 +0530 Fri, 21 Aug 2026 08:28:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797355 Regulation 31A validly imposes a regulatory fee as an insolvency resolution process cost for resolution plans approved under Section 31 on or after 1 October 2022. The Board's express power to levy fees for carrying out the Code's purposes, together with its regulation-making power over process costs, supports inclusion of the fee within the residuary category of insolvency resolution process costs. The levy remains a regulatory fee, rather than a tax, where it has a broad nexus with regulatory functions; direct payer-specific quid pro quo is unnecessary. The fee is not excessive, arbitrary, retrospective, colourable, or based on excessive delegation where statutory guidance and legislative oversight apply. Case-Laws IBC Wed, 19 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797355