Regulation 7

The remuneration payable to the liquidator shall form part of the liquidation cost. 12 Substituted by Notification No. IBBI/2022-23/GN/REG.081., dated 5th April, 2022 (w.e.f. 05-04- 2022). Before substitution, it stood as: “three”. 13 Substituted by Notification No. IBBI/2019-20/GN/REG039, dated 15th January, 2019 (w.e.f. 15-01- 2019). The words, before substitution stood as: “company secretaries”.