Insolvency regulator IBBI has no intent to regulate the fees charged by resolution professionals (RP) under the IBC process and wants the market to decide such fees, its Chairman MS Sahoo said on Monday.
However, if the market fails to determine such fees, then the IBBI’s discussion paper proposed default mechanism could be adopted, Sahoo said. He was speaking at the National Conference on Resolving Insolvency in India, which was organised by the CII.
Denne historien er fra November 12, 2019-utgaven av The Hindu Business Line.
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Denne historien er fra November 12, 2019-utgaven av The Hindu Business Line.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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