Regulation
Regulation Schedule I. Schedule I
FEES OF BANKRUPTCY TRUSTEE [Under regulation 4(2)] Address Present Permanent Business Identification Number Aadhaar Number PAN CIN GSTIN E-mail Signature as my proxy to attend and vote for me and on my behalf at the meeting of the committee to be held on [insert date and time of meeting] at [insert venue of the meeting], and at any adjournment thereof in respect of the matters indicated in the notice of the meeting [provide details of the notice], as listed below: [insert matters as listed in the agenda] Signed this [insert date] day of [insert month] [insert year] Signature of creditor: Signature of proxy: ”. Amount of realisation in rupees (less bankruptcy process cost) Percentage of fee on the amount realised in the first six months in the next three months in the next three months thereafter On the first 25 lakh 10.00 7.50 5.00 3.75 On the next 50 lakh 7.50 5.00 3.75 2.80 On the next 1 crore 5.00 3.75 2.50 1.88 On the next 9 crore 3.75 2.80 1.88 1.41 On the next 40 crore 2.50 1.88 1.25 0.94 On the next 50 crore 1.25 0.94 0.68 0.51 On further sums realised 0.25 0.19 0.13 0.10 Amount of distribution in rupees Percentage of fee on the amount distributed On the first 50 lakh 5.00 3.75 3.00 1.88 On the next 75 lakh 3.75 3.00 1.88 1.41 On the next 1 crore 2.50 1.88 1.25 0.94 On the next 9 crore 1.88 1.40 0.94 0.71 On the next 40 crore 1.25 0.94 0.63 0.47 On the next 50 crore 0.63 0.48 0.34 0.25 On further sums distributed 0.13 0.10 0.06 0.05