Outgoing Liquidator Entitled To Minimum Fee Of Rs. 2 Lakh As Per IBBI Regulations: NCLT Kochi

NCLT Kochi has ruled that an outgoing liquidator is entitled to a minimum fee of ₹2 lakh as per IBBI regulations. This decision clarifies the fee structure for liquidators. The ruling emphasizes the importance of adhering to regulatory guidelines. This judgment provides clarity on IBC procedures. The ruling underscores the need for legal compliance.