Day: October 12, 2018

Insolvency Professional Agency registration eligibility-Shareholding limit of 5 % by one person 

Insolvency Professional Agency registration eligibility-Not more than 5 % of paid-up equity share capital to be held by one person individually / otherwise. The Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies)(Amendment) Regulations, 2018 provide that no person shall at any time, directly or indirectly, either individually or together …

Insolvency Professional to pay IBBI percentage annual fee earned. IP entities to pay application fee of Rs. 50000/-

Insolvency Professional to pay IBBI 0.25 percent of annual fee earned from insolvency professional services rendered. Insolvency professional entities to pay application fee of 50000/- rupees THE GAZETTE OF INDIA EXTRAORDINARY PART III, SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, THURSDAY, 11TH OCTOBER, 2018 INSOLVENCY AND BANKRUPTCY BOARD OF …