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Disputes

1
Disputes

Resolution professionals on warpath with insolvency regulator IBBI over ad valorem fee on earnings

The IBBI has introduced an ad valorem fee linked to earnings of resolution professionals (RPs). Many RPs see it as discriminatory. They feel, while 0.25% looks nominal, it’s still a fee and charged without any service or support from the regulator. IBBI believes it has transparently followed all procedures. The matter is now before the Madras High Court.

Disputes

Resolution professionals on warpath with insolvency regulator IBBI over ad valorem fee on earnings

The IBBI has introduced an ad valorem fee linked to earnings of resolution professionals (RPs). Many RPs see it as discriminatory. They feel, while 0.25% looks nominal, it’s still a fee and charged without any service or support from the regulator. IBBI believes it has transparently followed all procedures. The matter is now before the Madras High Court.

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Result

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