{"id":7294,"date":"2024-05-31T11:42:43","date_gmt":"2024-05-31T11:42:43","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=7294"},"modified":"2025-12-31T13:57:26","modified_gmt":"2025-12-31T13:57:26","slug":"compliance-for-annual-statement-of-professional-fee-of-ip","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/","title":{"rendered":"Compliance for Annual Statement of Professional Fee of IP"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4872\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/08\/Liquidation-Estate-under-the-IBC-Code.jpg\" alt=\"Liquidation Estate under the IBC Code\" width=\"1118\" height=\"671\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69db1565dd301\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69db1565dd301\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#IBBI_Form_E-_Compliance_Annual_Statement_of_Professional_Fee_of_IP_for_the_FY_2023-24\" title=\"IBBI Form E- Compliance (Annual Statement of Professional Fee of IP) for the FY 2023-24\">IBBI Form E- Compliance (Annual Statement of Professional Fee of IP) for the FY 2023-24<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Process_to_File_Form_E_on_the_IBBI_website\" title=\"Process to File Form E on the IBBI website\">Process to File Form E on the IBBI website<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Steps_to_file_Form_E_on_the_Insolvency_and_Bankruptcy_Board_of_India_IBBI_website\" title=\"Steps to file Form E on the Insolvency and Bankruptcy Board of India (IBBI) website:\">Steps to file Form E on the Insolvency and Bankruptcy Board of India (IBBI) website:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Important_Notes_to_be_noted_while_filling_Form_E_on_the_IBBI_website\" title=\"Important Notes to be noted while filling Form E on the IBBI website\">Important Notes to be noted while filling Form E on the IBBI website<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Revised_Rate_of_Fees_payable_to_IBBI_IPs_and_IPEs\" title=\"Revised Rate of Fees payable to IBBI IPs and IPE&#8217;s\u00a0\">Revised Rate of Fees payable to IBBI IPs and IPE&#8217;s\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#IPs_%E2%80%93_Individuals\" title=\"IP&#8217;s\u00a0 \u2013 Individuals\">IP&#8217;s\u00a0 \u2013 Individuals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Insolvency_Professional_Entities\" title=\"Insolvency Professional Entities\">Insolvency Professional Entities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Panel_of_IPs_and_IPEs_as_per_IBBI\" title=\"Panel of IPs and IPEs as per IBBI\u00a0\">Panel of IPs and IPEs as per IBBI\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/compliance-for-annual-statement-of-professional-fee-of-ip\/#Corporate_Insolvency_Resolution_Process_CIRP_Services\" title=\"Corporate Insolvency Resolution Process (CIRP) Services\">Corporate Insolvency Resolution Process (CIRP) Services<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"IBBI_Form_E-_Compliance_Annual_Statement_of_Professional_Fee_of_IP_for_the_FY_2023-24\"><\/span><span style=\"color: #000080;\"><em>IBBI Form E- Compliance (Annual Statement of Professional Fee of IP) for the FY 2023-24<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><em>As per Regulation 7(2)(ca) of the IBBI (Insolvency Professionals) Regulations, 2016, insolvency professionals (IPs) must submit an annual statement of professional fees to the Insolvency and Bankruptcy Board of India (IBBI). This is done through Form E. Below is a step-by-step guide to filing Form E for the financial year 2023-24:<\/em><\/p>\n<ul>\n<li><em>The due date for filing Form E for FY 2023-24 is 30th April 2024. A simple interest at the rate of 12% per annum will be applied on any unpaid fees after the due date.<\/em><\/li>\n<\/ul>\n<ul>\n<li><em>Even if no professional fees were earned, no assignments were handled, or the IP was not holding an Authorization for Assignment (AFA), a Nil Statement must still be submitted.<\/em><\/li>\n<li><em>The due date for FY 2023-2024 compliance was 30th April 2024 (without interest),after which a simple interest at the rate of 12% per annum on the amount of fee unpaid is applicable as per Regulation 7(2)(ca) of IBBI (Insolvency Professionals) Regulations, 2016.<\/em><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Process_to_File_Form_E_on_the_IBBI_website\"><\/span><span style=\"color: #000080;\"><em>Process to File Form E on the IBBI website<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Steps_to_file_Form_E_on_the_Insolvency_and_Bankruptcy_Board_of_India_IBBI_website\"><\/span><span style=\"color: #000080;\"><em>Steps to file Form E on the Insolvency and Bankruptcy Board of India (IBBI) website:<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><em>Go to the IBBI website: <a href=\"https:\/\/ibbi.gov.in\/en\/users\/login\">IBBI Login<\/a>. Click on the \u2018IP Login\u2019 button and enter your credentials to log in to your account.<\/em><\/li>\n<li><em>On the left side of the dashboard, find the \u201cFee\u201d tab. Under the \u201cFee\u201d tab, click on the sub-tab \u201cProfessional Fees\u201d. The dashboard will display details of any previous filings.<\/em><\/li>\n<li><em>Click on the tab at the top right corner of the dashboard to start a new filing. The contents of Form E will be displayed.<\/em><\/li>\n<li><em>Enter all required details in Form E. Make the payment as applicable.<\/em><\/li>\n<li><em>If you need to file a \u201cNil Statement\u201d, click on the appropriate check box.<\/em><\/li>\n<li><em>Proceed with either digitally signing or e-signing the form.<\/em><\/li>\n<li><em>After completing the above steps, a PDF of Form E will be generated. This PDF can be accessed anytime from your account. Note that it is not required to be separately submitted to Insolvency and Bankruptcy Board of India.<\/em><\/li>\n<li><em>IP not required to file form E in case He surrender of Membership is under process at IPA<\/em><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Important_Notes_to_be_noted_while_filling_Form_E_on_the_IBBI_website\"><\/span><span style=\"color: #000080;\"><em>Important Notes to be noted while filling <\/em><em>Form E on the IBBI website<\/em><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><em>Be careful while filling out the form, as it cannot be edited once submitted<\/em><\/li>\n<li><em>For any revisions or additional filings, fill in the details using the provided Google link. Make the additional payment to the provided bank account.<\/em><\/li>\n<li><em>Board has enabled the electronic submission of Form E for the FY 2023-24 through your online IP Login account. It may be noted that Form E (\u2018Nil Statement\u2019) is required to be submitted even if: &#8211;<\/em><\/li>\n<\/ul>\n<p style=\"padding-left: 80px;\"><em>(a) you have not earned any professional fee or<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>(b) you have not handled\/ undertaken any assignment or<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>(c) you were not holding AFA.<\/em><\/p>\n<ul>\n<li><em>IBBI &#8211; IP Login records indicate that Form E is yet to be filed by IP. Following process of making this compliance and filing Form E in footnote to this email. <a href=\"mailto:ip.compliance@ibbi.gov.in\">ip.compliance@ibbi.gov.in<\/a><\/em><\/li>\n<li><em>Ensure you follow these steps carefully to complete your Form E filing accurately and efficiently.\u00a0 <\/em><em>For any revisions or additional filings, you may fill in the details in the following google link and make the additional payment in the following bank account: <\/em><em><a href=\"https:\/\/forms.gle\/Q3rC8E5br6aerbMc7\">https:\/\/forms.gle\/Q3rC8E5br6aerbMc7<\/a><\/em><\/li>\n<\/ul>\n<p style=\"padding-left: 80px;\"><em>Beneficiary Name : Insolvency and Bankruptcy Board of India<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>Bank: Punjab National Bank<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>A\/c No. : 0128002100302250<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>IFSC : PUNB0112000<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>Branch : ECE House, Connaught Place, New Delhi-110001<\/em><\/p>\n<p style=\"padding-left: 80px;\"><em>GST Number: 07AAAGI0193K1ZD<\/em><\/p>\n<p><em>IP required to update GSTIN status in the online module.<\/em><\/p>\n<h3 class=\"entry-title\"><span class=\"ez-toc-section\" id=\"Revised_Rate_of_Fees_payable_to_IBBI_IPs_and_IPEs\"><\/span><a href=\"https:\/\/ibclaw.in\/payment-of-fees-to-the-insolvency-and-bankruptcy-board-of-india\/\"><span style=\"color: #000080;\">Revised Rate of Fees payable to IBBI IPs and IPE&#8217;s\u00a0<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Insolvency and Bankruptcy Board of India (IBBI) has updated the process for certain fee-related compliances and form submissions following the development of online modules. Previously, as per Circular No. IBBI\/IP\/56\/2022 dated 24th November 2022, these specific compliances\u2014outlined in points 2(ii), 2(iii), 2(v), 3(i), and 3(ii) of the Circular\u2019s Annexure\u2014were handled via physical submission due to the absence of online submission capabilities.<\/p>\n<p>With the recent introduction of these online modules, IBBI now mandates that all fee-related compliances and relevant form submissions be conducted exclusively online. Insolvency Professionals (IPs) and Insolvency Professional Entities (IPEs) should access their respective online login accounts under the \u201cIP\/ RV Login\u201d section on the IBBI website to complete these transactions. Fees payable to the Board by IPs &amp; IPEs<\/p>\n<table style=\"height: 2599px;\" width=\"1085\">\n<tbody>\n<tr>\n<td width=\"39\">Sr. No.<\/td>\n<td width=\"194\">Particulars<\/td>\n<td width=\"89\">Payable\u00a0By<\/td>\n<td width=\"87\">Existing\u00a0Rate<\/td>\n<td width=\"98\">Revised\u00a0Rate<\/td>\n<td width=\"102\">Effective<br \/>\nDate of<br \/>\nApplicability<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">1.<\/td>\n<td colspan=\"5\" width=\"570\">\n<h3><span class=\"ez-toc-section\" id=\"IPs_%E2%80%93_Individuals\"><\/span><span style=\"color: #000080;\">IP&#8217;s\u00a0 \u2013 Individuals<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(i)<\/td>\n<td width=\"194\">Application Fees (One-time)<\/p>\n<p><em>[Form A submitted through dedicated\u00a0online\u00a0registration module]<\/em><\/td>\n<td width=\"89\">Applicant (Individual) seeking registration as an IP<\/td>\n<td width=\"87\">INR 10,000\/ \u2013<\/td>\n<td width=\"98\">INR 20,000\/-<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct 2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(ii)<\/td>\n<td width=\"194\">Fees (5 yearly)<\/p>\n<p><em>[Submitted\u00a0 through<\/em><br \/>\n<em>dedicated\u00a0online\u00a0module]<\/em><\/td>\n<td width=\"89\">Insolvency Professional (Individual)<\/td>\n<td width=\"87\">INR 10,000\/ \u2013<\/td>\n<td width=\"98\">INR 20,000\/-<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(iii)<\/td>\n<td width=\"194\">Annual Fee<\/p>\n<p><em>[Form E submitted through dedicated\u00a0online\u00a0module]<\/em><\/td>\n<td width=\"89\">Insolvency Professional<br \/>\n(Individual)<\/td>\n<td width=\"87\">0.25% of professional fee earned for the services rendered\u00a0 as an Insolvency Professional in the preceding FY.<\/td>\n<td width=\"98\">1.00% of professional fee earned for the\u00a0 services rendered as an Insolvency Professional in the preceding financial year.<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">2.<\/td>\n<td colspan=\"5\" width=\"570\">\n<h3><span class=\"ez-toc-section\" id=\"Insolvency_Professional_Entities\"><\/span><span style=\"color: #000080;\">Insolvency Professional Entities<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(i)<\/td>\n<td width=\"194\">Application\u00a0 Fees\u00a0 for recognition as an Insolvency Professional (One-time)<\/p>\n<p><em>[Form C submitted through dedicated\u00a0online\u00a0recognition module]<\/em><\/td>\n<td width=\"89\">Insolvency Professional Entities<\/td>\n<td width=\"87\">INR 50,000\/ \u2013<\/td>\n<td width=\"98\">INR 2,00,000\/ \u2013<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(ii)<\/td>\n<td width=\"194\">Application\u00a0 Fees\u00a0 for registration of Insolvency Professional Entities as an Insolvency Professional (One-time)<\/p>\n<p><em>[Form AA to be submitted through\u00a0physical\u00a0mode\/multiple payment modes]<\/em><\/td>\n<td width=\"89\">Insolvency Professional Entities applying for registration as an Insolvency Professional<\/td>\n<td width=\"87\">Not applicable<\/td>\n<td width=\"98\">INR 2,00,000\/ \u2013<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(iii)<\/td>\n<td width=\"194\">Fees (5 yearly)<br \/>\n<em><br \/>\n[To be submitted through\u00a0<strong>physical\u00a0<\/strong>mode\/multiple payment modes]<\/em><\/td>\n<td width=\"89\">Insolvency Professional Entities registered as an Insolvency Professional<\/td>\n<td width=\"87\">Not applicable<\/td>\n<td width=\"98\">INR 2,00,000\/ \u2013<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(iv)<\/td>\n<td width=\"194\">Annual Fee<\/p>\n<p><em>[Form G submitted through dedicated\u00a0<strong>online<\/strong>\u00a0module]<\/em><\/td>\n<td width=\"89\">Insolvency Professional Entities<\/td>\n<td width=\"87\">0.25%\u00a0 of turnover\u00a0 in the preceding financial year.<\/td>\n<td width=\"98\">1.00% of turnover (excluding professional fee)\u00a0 in\u00a0 the preceding financial year.<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(v)<\/td>\n<td width=\"194\">Change in composition of Board of Insolvency Professional Entities<\/p>\n<p><em>[Form F to be submitted through\u00a0<strong>physical<\/strong>\u00a0mode\/ multiple payment modes]<\/em><\/td>\n<td width=\"89\">Insolvency Professional Entities<\/td>\n<td width=\"87\">INR 2,000\/- per individual (cessation\/joining)<\/td>\n<td width=\"98\">INR 2,000\/- per individual (cessation\/ joining)<\/td>\n<td width=\"102\">1<sup>st<\/sup> Oct<br \/>\n2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\"><strong>3.<\/strong><\/td>\n<td colspan=\"5\" width=\"570\"><span style=\"color: #000080;\"><strong>Regulatory Fee<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(i)<\/td>\n<td width=\"194\">Related to resolution plans<\/p>\n<p><em>[To be submitted through\u00a0<strong>physical<\/strong>\u00a0mode\/multiple payment modes]<\/em><\/td>\n<td width=\"89\">Insolvency Professional<\/td>\n<td width=\"87\">Not applicable<\/td>\n<td width=\"98\">0.25% of the realisable value\u00a0 to creditors under the resolution plan approved under\u00a0 section 31,\u00a0 shall\u00a0 be payable to the Board, where such realisable value is more than\u00a0 the liquidation value.<\/td>\n<td width=\"102\">In cases where resolution plan is approved u\/s\u00a0 31, on or after 1<sup>st\u00a0<\/sup>Oct 2022<\/td>\n<\/tr>\n<tr>\n<td width=\"39\">(ii)<\/td>\n<td width=\"194\">Related\u00a0 to\u00a0 hiring\u00a0 any professional\u00a0 or\u00a0 other services<\/p>\n<p><em>[Form EA to be submitted through\u00a0<strong>physical\u00a0<\/strong>mode\/multiple payment modes]<\/em><\/td>\n<td width=\"89\">Insolvency Professional<\/td>\n<td width=\"87\">Not applicable<\/td>\n<td width=\"98\">1.00% of the cost\u00a0 being booked\u00a0 in insolvency resolution process\u00a0 costs in respect of hiring\u00a0 any professional or other services by IRP or Insolvency Professional<\/td>\n<td width=\"102\">1<sup>st<\/sup>\u00a0October<br \/>\n2022<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Panel_of_IPs_and_IPEs_as_per_IBBI\"><\/span><span style=\"color: #000080;\"><b><i><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/archives\/panel-of-ips-and-ipes-as-per-ibbi-for-july-1-2024-to-dec-31-2024.pdf\">Panel of IPs and IPEs<\/a> as per IBBI\u00a0<\/i><\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><i><a href=\"https:\/\/carajput.com\/archives\/panel-of-ips-and-ipes-as-per-ibbi-for-july-1-2024-to-dec-31-2024.pdf\">Panel of IPs and IPEs<\/a><\/i><i> as IPs prepared in accordance with \u2018Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2024\u2019, for appointment as IRP, Liquidator, RP and BT, during the period July 1, 2024, to December 31, 2024.\u201d<\/i><\/p>\n<p><strong><em><span style=\"color: #000080;\">Conclusion<\/span><\/em><\/strong><\/p>\n<ul>\n<li><em>Regulation 7(2)(ca) of the IBBI (Insolvency Professionals) Regulations, 2016 (\u2018IP Regulations\u2019) specify the requirement and manner of payment of fees by an Insolvency Professional (\u2018IP\u2019) to the <a href=\"https:\/\/www.caindelhiindia.com\/blog\/category\/ibc\/\">IBBI . <\/a><\/em><\/li>\n<li><em>\u00a0<\/em>The due date for FY 2023-2024 compliance was 30th April 2024 (without interest),after which a simple interest at the rate of 12% per annum on the amount of fee unpaid is applicable as per Regulation 7(2)(ca) of IBBI (Insolvency Professionals) Regulations, 2016<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Our IBC Advisory Services,<\/strong><\/span><\/p>\n<p>We are pleased to introduce India Financial Consultancy corporation Pvt Ltd,\u00a0 a distinguished management consultancy firm dedicated to providing strategic advisory services across various verticals. Our expertise spans the following domains: Our team of seasoned professionals brings a wealth of knowledge and experience, ensuring tailored solutions that drive growth, enhance efficiency, and create lasting value for our clients.<\/p>\n<h3 data-start=\"124\" data-end=\"187\"><span class=\"ez-toc-section\" id=\"Corporate_Insolvency_Resolution_Process_CIRP_Services\"><\/span><span style=\"color: #000080;\"><strong data-start=\"128\" data-end=\"187\">Corporate Insolvency Resolution Process (CIRP) Services<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"189\" data-end=\"535\">IFCCL is backed by a team of more than 4 experienced Insolvency Professionals (IPs), all registered with the Insolvency and Bankruptcy Board of India (IBBI). Our partners are located across major cities including Gurgaon, Delhi, Noida and Hyderabad, ensuring national reach and local responsiveness.<\/p>\n<p data-start=\"537\" data-end=\"789\">We offer comprehensive services as Interim Resolution Professionals and Resolution Professionals for initiating and managing the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016.<\/p>\n<p data-start=\"791\" data-end=\"827\">Our services are tailored to assist Financial Creditors, Operational Creditors, Corporate Debtors, Other Stakeholders.\u00a0We bring domain expertise, regulatory compliance, and a solution-oriented approach to every engagement, ensuring an efficient and transparent resolution process in alignment with the IBC framework.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7327\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC-.jpg\" alt=\"IBC- valuation services \" width=\"1886\" height=\"959\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC-.jpg 1886w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC--300x153.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC--1024x521.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC--768x391.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC--1536x781.jpg 1536w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/05\/IBC--800x407.jpg 800w\" sizes=\"(max-width: 1886px) 100vw, 1886px\" \/><\/p>\n<p>Details of IBC services are mention here Under :\u00a0 Liquidation process, Prepackaged\/ Individual Insolvency, CD operation, Account &amp; finance, Compliance, Technical Services, Advisory to CoC, Building Resolution Plan, CIRP Audit, Accounting and taxation Services for Liquidation Matter\u00a0\u00a029A certificate\u00a0, Resolution Plan preparation, Arranging Prospective Buyer for CIRP and Liquidation matter, Accounting and taxation Services for CIPR Care, Financial Bid evaluation before 29A Due Diligence, Voluntary Liquidation Process, CIR Process, etc.<\/p>\n<p><span style=\"color: #000080;\"><strong>Our popular blogs\u00a0<\/strong><\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/blog\/overviews-of-principles-of-avoidable-preferential-transactions-ibc-2016\/\" data-cke-saved-href=\"https:\/\/carajput.com\/blog\/overviews-of-principles-of-avoidable-preferential-transactions-ibc-2016\/\">Overviews of Principles of Avoidable Preferential Transactions IBC-2016<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/services\/how-does-the-role-of-resolution-professional-help.php\" data-cke-saved-href=\"https:\/\/carajput.com\/services\/how-does-the-role-of-resolution-professional-help.php\">How does the Role of Resolution Professional help under IBC<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/quick-review-on-insolvency-and-bankruptcy-code.html\" data-cke-saved-href=\"https:\/\/carajput.com\/learn\/quick-review-on-insolvency-and-bankruptcy-code.html\">quick overview of IBC<\/a><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/learn\/section-29a-certification-services-under-ibc.html\" data-cke-saved-href=\"https:\/\/carajput.com\/learn\/section-29a-certification-services-under-ibc.html\">29A Cerificate under the IBC law<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/section-29a-of-ibc-2016\/\" data-cke-saved-href=\"https:\/\/carajput.com\/blog\/section-29a-of-ibc-2016\/\">Related party under section 29a of ibc Code<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/ibc-laws-critical-analysis-of-section-29a-of-the-code.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/publications\/ibc-laws-critical-analysis-of-section-29a-of-the-code.pdf\">Section 29A of IBC act<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/archives\/ip-hand-book-on-best-practices-during-cirp-process-under-ibc-code.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/archives\/ip-hand-book-on-best-practices-during-cirp-process-under-ibc-code.pdf\">IP Hand book on Best Practices during CIRP Process under IBC Code<\/a><\/strong><\/li>\n<\/ul>\n<p>Please feel free to schedule a call or meeting at your convenience. You can reach us at singh@carajput.com or at 9555 555 480.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IBBI Form E- Compliance (Annual Statement of Professional Fee of IP) for the FY 2023-24 As per Regulation 7(2)(ca) of the IBBI (Insolvency Professionals) Regulations, 2016, insolvency professionals (IPs) must submit an annual statement of professional fees to the Insolvency and Bankruptcy Board of India (IBBI). This is done through Form E. Below is a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[658],"tags":[1076],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/7294"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=7294"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/7294\/revisions"}],"predecessor-version":[{"id":9865,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/7294\/revisions\/9865"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=7294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=7294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=7294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}