CORPORATE
IBBI’s Circular on Liquidator’s Fee: Clarification or Camouflage?
We explore IBBI’s clarifications on the computation of liquidator’s fee and the recent judgment which struck down two of the clarifications.
April 30, 2024
We explore IBBI’s clarifications on the computation of liquidator’s fee and the recent judgment which struck down two of the clarifications.
The changes introduced by the IBBI are significant in so far as they create a check and balance on critical areas of the liquidation process.