TMI BlogCompliance with regulations 7 (2) (ca) and 13 (2) (ca) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016.X X X X Extracts X X X X X X X X Extracts X X X X ..... ls All Recognised Insolvency Professional Entities (By mail to registered email addresses and on website of the IBBI) Subject: Compliance with regulations 7 (2) (ca) and 13 (2) (ca) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. Dear Madam / Sir, Regulation 7 (2) (ca) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Board. It reads as under: "Recognition of Insolvency Professional Entities. 13. (1) … (2) The recognition shall be subject to the conditions that the insolvency professional entity shall- (ca) pay to the Board, a fee calculated at the rate of 0.25 percent of the turnover from the services rendered by it in the preceding financial year, on or before the 30th of April every year, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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