Regulation Schedule II

(See regulation 5) Level Experience (Employment / Practice/ Research) in the relevant discipline (Years) Consolidated Monthly Remuneration + 10 percent annual increase Level I (Research Associate) Up to three years Rs. 60,000 Level II (Research Associate) Minimum three years Rs. 80,000 Level III (Research Associate) Minimum five years Rs. 1,05,000 Level IV (Consultant) Minimum ten years Rs. 1,30,000 Level V (Consultant) Minimum fifteen years Rs. 1,55,000] Dr. M. S. Sahoo Chairperson Insolvency and Bankruptcy Board of India 5 Substituted by Notification No. IBBI/2022-23/GN/REG083., dated 1st June, 2022 (w.e.f. 01-06-2022).

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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA

New Delhi, the 22nd October, 2018 No. IBBI/2018-19/GN/REG038.—In exercise of the powers conferred by clause (s) of sub-section (1) of

section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations, namely:-