Home Acts & Rules IBC Regulation Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019 Chapters List Schedules Sch SCHEDULES This
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SCHEDULE-I - FEES OF BANKRUPTCY TRUSTEE - Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019Extract 1 [SCHEDULE I FEES OF BANKRUPTCY TRUSTEE [Under regulation 4(2)] Amount of realisation in rupees (less bankruptcy process cost) Percentage of fee on the amount realised in the first six months in the next three months in the next three months thereafter On the first 25 lakh 10.00 7.50 5.00 3.75 On the next 50 lakh 7.50 5.00 3.75 2.80 On the next 1 crore 5.00 3.75 2.50 1.88 On the next 9 crore 3.75 2.80 1.88 1.41 On the next 40 crore 2.50 1.88 1.25 0.94 On the next 50 crore 1.25 0.94 0.68 0.51 On further sums realised 0.25 0.19 0.13 0.10 Amount of distribution in rupees Percentage of fee on the amount distributed On the first 50 lakh 5.00 3.75 3.00 1.88 On the next 75 lakh 3.75 3.00 1.88 1.41 On the next 1 crore 2.50 1.88 1.25 0.94 On the next 9 crore 1.88 1.40 0.94 0.71 On the next 40 crore 1.25 0.94 0.63 0.47 On the next 50 crore 0.63 0.48 0.34 0.25 On further sums distributed 0.13 0.10 0.06 0.05 ] ********** NOTES:- 1. Inserted Vide Notification No. IBBI/2019-20/GN/REG051 dated 20-11-2019
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