Grant of certificate of registration.

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.... (a) is eligible under Regulation 3; (b) has adequate infrastructure to perform its functions under the Code; (c) has in its employment, persons having adequate professional and other relevant experience, to enable it to perform its functions under the Code; and (d) has complied with the conditions of the certificate of registration, if he has submitted an application for renewal under Regul....

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....ifteen days from the date of commencement of the financial year: Provided that no annual fee shall be payable in the financial year in which an insolvency professional agency is granted registration or renewal, as the case may be: Provided further that without prejudice to any other action which the Board may take as permissible under the Code, any delay in payment of fee by an insolvency prof....

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....of registration along with an application fee of five lakh rupees. If renewal is granted, there will be no annual fee for 2021-22. (b) Where the annual fee is paid on 20th April, 2017, interest at the rate of twelve percent per annum shall be paid for the delay of five days.] (d) seek approval of the Board when a person, other than a statutory body, seeks to hold more than ten per cent, direct....