The Insolvency and Bankruptcy Board of India (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 Professional Entities (IPEs) and has also introduced regulatory fee as per details in annexure:-
IBBI (Insolvency Professionals) Regulations, 2016;
IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016; and
IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
All Insolvency Professional Agencies (IPAs), their professional members and all IPEs are requested to take note of the amendments above for strict compliance.
The fee referred to in the annexure, for which the online payment module is not yet implemented, shall be credited to the bank account of the Board, as per details below:-
Beneficiary Name : Insolvency and Bankruptcy Board of India
Bank : Punjab National Bank
A/c No. : 0128002100302250
IFSC : PUNB0112000
Branch : ECE House, Connaught Place, New Delhi-110001
GST Number : 07AAAGI0193K1ZD
Download the PDF for Annexure and other detail