The IBBI Notifies about the Fees being paid to Interim Resolution Professionals and Resolution Professionals

On 13th September 2022, the Insolvency and Bankruptcy Board of India (IBBI) notified Notification No. IBBI/2022-23/GN/REG091 in regard to the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2022, in the exercise of powers conferred through Section 196 Sub-Section (1) Clause (aa) and Clause (t) to be read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016).

The Insolvency and Bankruptcy Board of India hereby issued the following
regulations further to amend the Insolvency and Bankruptcy Board of
India (Insolvency Resolution Process for Corporate Persons) Regulations,
2016,