SCHEDULE II - (See regulation 5) - Insolvency and Bankruptcy Board of India (Engagement Of Research Associates And Consultants) Regulations, 2017

1 [ SCHEDULE II ( See regulation 5 ) Level Experience (Employment/ Practice/Research) in the relevant discipline (Years) Consolidated Monthly Remuneration + 10 percent annual increase Level I (Research Associate) Up to three years Rs. 60,000 Level II (Research Associate) Minimum three years Rs. 80,000 Level III (Research Associate) Minimum five years Rs. 1,05,000 Level IV (Consultant) Minimum ten years Rs. 1,30,000 Level V (Consultant) Minimum fifteen years Rs. 1,55,000 ] ************* NOTES:- 1. Substituted vide Notification No. IBBI/2022-23/GN/REG083 dated 01-06-2022 before it was read as, SCHEDULE II (See regulation 5) Level Experience (Employment/Practice/Research) in the relevant discipline (Years) Consolidated Monthly Remuneration + 10 per cent annual increase Level I (Research Associate) 3 ₹ 40,000 Level II (Research Associate) 3 - 5 ₹ 60,000 Level III (Research Associate) 5 - 10 ₹ 85,000 Level IV (Consultant) 10 - 15 ₹ 110,000 Level V (Consultant) 15 ₹ 135,000