Compliance with regulations 7 (2) (ca) and 13 (2) (ca) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016.

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..... 2019 12th April, 2019 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities (By mail to registered email addresses and on website of the IBBI) Subject: Compliance with regulations 7 (2) (ca) and 13 (2) (ca) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. .....

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..... of the Second Schedule; 2. Regulations 13 (2) (ca) of the IP Regulations specify the requirement and manner of payment of fees by an Insolvency Professional Entity ( IPE ) to the Board. It reads as under: Recognition of Insolvency Professional Entities. 13. (1) (2) The recognition shall be subject to the conditions that the insolvency profes .....

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..... This Circular is issued in exercise of powers under clauses (a), (aa) and (c) of sub-section (1) of section 196 of the Insolvency and Bankruptcy Code, 2016 read with sub-regulation (2) of regulation 7 and sub-regulation (2) of regulation 13 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 . Yours faithfully, Sd/- .....

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