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IBC Regulations

Regulations 39D. Fee of the liquidator—

While approving a resolution plan under section 30 or deciding to liquidate the corporate debtor under section 33 , the committee may, in consultation with the resolution professional, fix the fee payable to the liquidator, if an order for liquidation is passed under section 33 , for –

  • (a) the period, if any, used for compromise or arrangement under section 230 of the Companies Act, 2013;
  • (b) the period, if any, used for sale under clauses (e) and (f) of regulation 32 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016; and
  • (c) the balance period of liquidation.]

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