Insolvency regulator proposes audit of Insolvency Resolution Process Cost
The Insolvency and Bankruptcy Board of India (IBBI) now proposes an audit of the Insolvency Resolution Process Cost (IRPC). In...
CIRP Cost
Regulator red-flags actions of IP Anil Goel again; lets him off with warning
Insolvency professional Anil Goel, who earlier also had a brush with the insolvency law, was once again under the insolvency...
Can a CoC member be asked to contribute towards CIRP cost?
By Arvind Mangla The question is whether CoC member(s) is/are required to or can be forced to, provide interim finance...
A financial creditor is liable to pay CIRP cost only for the period it was part of CoC
If a financial creditor is part of the committee of Creditors (CoC) then it has to pay the CIRP cost,...
Why IBBI is keeping a close eye on fees charged by insolvency professionals
The fees charged by the insolvency professional (IP) either in his/her role as a resolution professional, interim resolution professional or...
ArcelorMittal made to pay Rs 1,300 cr more as CIRP cost in Essar Steel insolvency case
ArcelorMittal India may have to cough up Rs 1,300 crore more as CIRP cost in the insolvency proceeding of Essar...