Regulation 30 - Fast track process costs - Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017

CHAPTER IX FAST TRACK PROCESS COSTS Fast track process costs 30. Fast track process costs shall mean - (a) the amount of any interim finance and the costs incurred in raising such finance; (b) the fees payable to any person acting as a resolution professional; (c) any costs incurred by the resolution professional in running the business of the corporate debtor as a going concern; (d) any costs incurred at the expense of the Government to facilitate the process; (e) amounts due to suppliers of essential goods and services under Regulation 31; (f) amounts due to a person whose rights are prejudicially affected on account of the moratorium imposed under section 14(1)(d); (g) expenses incurred on or by the interim resolution professional to the extent ratified under Regulation 32; (h) expenses incurred on or by the resolution professional fixed under Regulation 33; and (i) other costs directly relating to the fast track process and approved by the committee.