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IBC Regulations

Regulations 6. Pre-packaged insolvency resolution process costs.—

For the purposes of sub-clause (e) of clause (23C) of section 5, pre-packaged insolvency resolution process costs shall
mean-
(a) fee payable to authorised representative under sub-regulation (5) of regulation 34;
(b) out of pocket expenses of authorised representative for discharge of his functions under section 25A; and
(c) any other cost directly relating to the process and approved by the committee.

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