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TMI BlogPayment of fees to the Insolvency and Bankruptcy Board of India (the IBBI/Board)X X X X Extracts X X X X X X X X Extracts X X X X ..... ered Insolvency Professional Agencies (By mail to registered email addresses) Dear Madam/Sir, Subject: Payment of fees to the Insolvency and Bankruptcy Board of India (the IBBI/Board) The Board has recently amended its following regulations, vide which it has effected revision of existing fee structure along with relevant forms, applicable to Insolvency professionals (IPs) and Insolvency Profe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... C : PUNB0112000 Branch : ECE House, Connaught Place, New Delhi-110001 GST Number: 07AAAGI0193K1ZD 4. This circular is issued with the approval of competent authority. -Sd/- (Deepak Rao) General Manager Email: [email protected] Annexure Fees payable to the Board by Insolvency Professionals (IPs) and Insolvency Professional Entities (IPEs)* Sr. No. Particulars Payable By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ency Professional Entities (i) Application Fees for recognition as an IP (Onetime) [Form C submitted through dedicated online recognitio n module] IPE Rs.50,000/ - Rs.2,00,000/ - 1st October 2022 (ii) Application Fees for registration of IPE as an IP (One-time) [Form AA to be submitted through physical mode/ multiple payment modes] IPE applying for registration as an IP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent modes] IP NA 0.25% of the realisable value to creditors under the resolution plan approved under section 31, shall be payable to the Board, where such realisable value is more than the liquidation value. In cases where resolution plan is approved under section 31, on or after 1st October 2022 (ii) Related to hiring any professional or other services [Form EA to be submitted through ..... X X X X Extracts X X X X X X X X Extracts X X X X
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