facebook twitter linkedin

Newsletter/Booklets 7th Sep 2018

IBC | Legislative Alert | IBBI’s clarifies on fees of Resolution Professionals

Latest Thought Leadership

Alerts & Updates 16th Jan 2026

SEBI simplifies accreditation requirements for investors under the AIF framework

Read More
Newsletter/Booklets 14th Jan 2026

India – Competition Law: Year-in Review 2025 & Market Matters: Antitrust Brief December 2025

Read More
Alerts & Updates 13th Jan 2026

GICs Re-Engineered: Key Amendments to the IFSCA (Fund Management) Regulations, 2025 approved at the 26th Authority Meeting of IFSCA

Read More
Alerts & Updates 12th Jan 2026

GICs Re-Engineered: IFSCA’s 2025 Reset and What It Unlocks

Read More

In an important clarificatory circular (available here) issued by the Insolvency and Bankruptcy Board of India (“IBBI”), dated 16 January 2018, it has clarified that :

    • Fees to reflect work. An insolvency professional shall render services for a fee which is a reasonable reflection of his work, raise bills / invoices in his name towards such fees, and such fees shall be paid to his bank account.
    • Exclusion from the insolvency resolution process cost. Any payment of fees for the services of an insolvency professional, to any person other than the insolvency professional, shall not form part of the insolvency resolution process cost.
    • Payment to external agencies. Any other professional appointed by an insolvency professional shall raise bills / invoices in his / its (such as registered valuer) name towards such fees, and such fees shall be paid to his / its bank account.

    Please feel free to reach us for views / questions / queries at ibcupdate@elp-in.com.

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.

I AGREE EXIT SITE